LONDON, June 24- IKEA Group plans to trial a new small-format store in Britain as it seeks to extend its reach across the country, the world's largest furniture retailer said on Wednesday. The privately owned Swedish company, known for its flat-pack, self-assembly furniture, intends to trial "order and collection points", starting in Norwich, eastern England, in the...» Read More
Investors get rattled over Pier 1 Imports' decision to slash its full-year guidance.
LONDON, Feb 6- British furniture retailer DFS said on Friday it intended to float on the London Stock exchange and expected the offer to raise gross proceeds of 105 million pounds. DFS, which is owned by private equity firm Advent International, has a quarter share of Britain's 3 billion pound upholstered furniture market. It has 105 stores in the UK, Ireland and the...
LONDON/ STOCKHOLM Jan 28- IKEA Group, the world's biggest furniture retailer, expects a rise in European revenues to continue this financial year, with its focus on low prices helping it to cope in a struggling economy. The privately-held Swedish company, which makes almost 70 percent of sales in Europe, said on Wednesday demand in previously crisis-hit...
Home Depot's earnings report coverage on Tuesday morning caused confusion among various news publications. What happened?
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.