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Homefurnishing Retail

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  • 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...

  • OK, Home Depot you tricked us…but why? Tuesday, 18 Nov 2014 | 4:47 PM ET
    Shoppers walk towards a Home Depot store in Silver Spring, Maryland.

    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...

  • JCP shares rally after earnings, revenue beat Thursday, 14 Aug 2014 | 4:01 PM ET

    The stronger-than-expected quarterly results have some analysts convinced that the retailer's turnaround is finally taking hold.

  • Iconic brands that disappeared Wednesday, 25 Jun 2014 | 4:51 PM ET
    "Work Hard. Fly Right" was the motto of Continental Airlines. However, as of Saturday morning, all Continental flights fly the friendly skies as United Airlines flights instead, per the companies' 2010 merger agreement.Even the most iconic brand can plunge into extinction, and when it does, it can be years before the buying public realizes that it's gone. Many people are still not aware that they can no longer fill it to the rim with Brim, or that the streets are no longer paved with bargains at

    Some brands make such an impression that the notion of them dissolving is unthinkable. Click ahead to see iconic brands that have vanished.

  • Quality service, not low prices, creates loyalty Tuesday, 24 Jun 2014 | 9:05 AM ET

    In their panic to compete, brick-and-mortar stores overlook what really matters to their customers—service, according to a Gallup poll.

  • Groupon's Q1 loss, revenue beat expectations Tuesday, 6 May 2014 | 4:03 PM ET

    The company reported a loss of 1 cent a share on revenue of $758 million.

  • Martha Stewart optimistic about the market Thursday, 10 Apr 2014 | 4:49 PM ET
    Martha Stewart

    Domestic goddess Martha Stewart brought some baked goods and optimism on a day the stock market was slammed.

  • Target staff say they warned of security flaws Friday, 14 Feb 2014 | 5:48 PM ET

    At least one analyst at Target pushed for an investigation into payment systems after government and industry reports.

  • Brookstone may file for bankruptcy: Report Thursday, 13 Feb 2014 | 2:21 PM ET
    A Brookstone store in Santa Monica, California.

    The seller of gadgets, wine accessories, and furniture is in talks with firms about investing. The WSJ reports.

  • Analysts favor Williams-Sonoma   Thursday, 9 Jan 2014 | 3:16 PM ET
    Analysts favor Williams-Sonoma

    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.

  • The Great Shoppers' Migration   Monday, 2 Dec 2013 | 6:35 PM ET
    The Great Shoppers' Migration

    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 prices at the top of the range Thursday, 31 Oct 2013 | 5:46 PM ET

    The Container Store's IPO priced at $18 per share, the high end of its expected range on Thursday.

  • Let IKEA's augmented reality app furnish your room Thursday, 8 Aug 2013 | 9:48 AM ET
    The app works on Android and iOS devices.

    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.

  • Deal or No deal? JC Penney sales may be misleading Wednesday, 24 Jul 2013 | 8:26 AM ET

    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.

  • Cramer: Company With the 'Best Momentum' in Retail Friday, 14 Jun 2013 | 10:35 AM ET

    Restoration Hardware has unbelievable momentum and is a "terrific company" that is shaking up the retail market for home furniture, Jim Cramer said.

  • JC Penney Jumps on News Soros Owns 7.9% Stake Thursday, 25 Apr 2013 | 5:51 PM ET
    George Soros

    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.

  • Here Are Retail Stocks Worth Shopping For: Pro Monday, 15 Apr 2013 | 1:17 PM ET
    Shoppers walk towards a Home Depot store in Silver Spring, Maryland.

    Despite signs the consumer may be starting to pull back, discount stores and home retailers remain attractive investment opportunities, says one analyst.

  • Three More Ex-Apple Execs Out at JC Penney: Report Thursday, 11 Apr 2013 | 7:32 AM ET

    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.