Investors get rattled over Pier 1 Imports' decision to slash its full-year guidance.» Read More
SEOUL, Dec 18- Iconic Swedish furniture retailer IKEA built its biggest store in the world to serve South Korea's shrinking households, targeting millions of people living alone with Korea- only items like super-sized single beds and in-store kimchi rice. The store opened on Thursday in Gwangmyeong, less than an hour's drive or 14 minutes by train from central...
*Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...
Home Depot's earnings report coverage on Tuesday morning caused confusion among various news publications. What happened?
OSLO, Oct 13- IKEA Group, the world's biggest furniture retailer, may introduce an internal carbon emissions price to help its drive to protect the environment and create a "new and better" company, chief executive Peter Agnefjall said. After attending a U.N. summit on climate change in New York on Sept. 23, Agnefjall said the Swedish furniture giant will consider...
The stronger-than-expected quarterly results have some analysts convinced that the retailer's turnaround is finally taking hold.
Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.
In their panic to compete, brick-and-mortar stores overlook what really matters to their customers—service, according to a Gallup poll.
The company reported a loss of 1 cent a share on revenue of $758 million.
Domestic goddess Martha Stewart brought some baked goods and optimism on a day the stock market was slammed.
At least one analyst at Target pushed for an investigation into payment systems after government and industry reports.
The seller of gadgets, wine accessories, and furniture is in talks with firms about investing. The WSJ reports.
CNBC's Seema Mody takes a look at the home furnishing sector. Mody says Citi favors Williams-Sonoma and expects them to benefit from favorable housing trends, better merchandise and competitive planning.
Mark Mahaney, Internet Analyst at RBC Capital Markets explains what's driving the shoppers' migration from offline to online with mobile platform also gathering pace.
The Container Store's IPO priced at $18 per share, the high end of its expected range on Thursday.
IKEA'S augmented reality app allows users to photoshop an IKEA product into their homes, allowing customers to assess color scheme and the item's size before purchasing it.
JC Penney changed its pricing model from everyday low pricing to sales. But employees say the company artificially inflated prices, then put those same items on sale.
Restoration Hardware has unbelievable momentum and is a "terrific company" that is shaking up the retail market for home furniture, Jim Cramer said.
Shares of beleaguered retailer JC Penney rose more than 7 percent in after-hours trading on Thursday after billionaire financier George Soros disclosed a 7.9-percent stake.
Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.
Three more top executives at J.C. Penney have left the ailing retailer, the New York Post reported, following the ouster of Chief Executive Ron Johnson.