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IKEA brand owner appoints Abrahamsson Ring as CEO

Inter IKEA Group has appointed Jon Abrahamsson Ring as CEO from September, as the owner of the world's biggest furniture brand battles to adapt to new shopping habits and the rise of online rivals......»»

Category: topSource: reutersFeb 11th, 2020

IKEA brand owner appoints Jon Abrahamsson Ring new CEO

Inter IKEA Group, owner of the IKEA furniture brand, appointed on Tuesday Jon Abrahamsson Ring as new Chief Executive from Sept. 1......»»

Category: topSource: reutersFeb 11th, 2020

Construction: Permit pulled for Burlington store near Wolfchase

A building permit was just pulled for 8044 Giacosa Place, near Wolfchase Galleria. The address is the former site of Value City Furniture. The tenant on the permit was Burlington Stores Inc. This would mark location No. 5 for Burlington in the ar.....»»

Category: topSource: bizjournalsFeb 7th, 2020

Chinese KFC Owner Yum China Stock Dips As Company Closes 30% Of All Stores

The shares of Yum China Holdings I.....»»

Category: blogSource: benzingaFeb 6th, 2020

Moe"s furniture store will replace North Face in downtown Seattle building

The owner signed a five-year lease in December for the former North Face location, which closed Jan. 5......»»

Category: topSource: bizjournalsJan 29th, 2020

Moe furniture store will replace North Face in downtown Seattle building

The owner signed a five-year lease in December for the former The North Face location, which closed Jan. 5......»»

Category: topSource: bizjournalsJan 29th, 2020

Pier 1 Imports closing nearly half of its stores

Pier 1 Imports is the first retail victim of 2020. The furniture retailer will be closing up to 450 of its 942 locations. CBSN's Vladimir Duthiers and Anne-Marie Green have that and other MoneyWatch headlines......»»

Category: topSource: moneycentralJan 7th, 2020

Pier 1 to shut up to nearly half of its stores, raises going concern doubts

Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to almost half of its stores, cut jobs and warned about its ability to continue as a going concern in a tough retail environment......»»

Category: topSource: reutersJan 6th, 2020

Pier 1 to close stores and cut jobs, raises going concern doubts

Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to 450 stores, cut jobs and warned about its ability to continue as a going concern......»»

Category: topSource: reutersJan 6th, 2020

IKEA"s online sales surge 43%

IKEA's online sales surged 43% in the 12 months to the end of August, helping to drive overall retail sales at the world's biggest furniture group 6% higher, based on local currencies, brand owner and franchisor Inter IKEA said on Wednesday......»»

Category: topSource: reutersSep 25th, 2019

Hedge Fund and Insider Trading News: Dan Loeb, Cheyne Capital, Highbridge Capital, Intrexon Corporation (XON), Hooker Furniture Corporation (HOFT), and More

Cheyne Capital closes Strategic Value Credit Fund at EUR1bn Hard Cap (Hedge Week) Alternative asset manager Cheyne Capital Management (Che.....»»

Category: topSource: insidermonkeyJun 18th, 2019

IKEA to start serving salad grown at its stores

IKEA, the world's biggest furniture retailer, is preparing to serve lettuce grown in high-tech containers outside its stores as part of efforts to improve its environmental profile......»»

Category: topSource: reutersApr 4th, 2019

Report: IKEA Eyes Furniture Rental, Stores In Urban Cores

Swedish retailer IKEA, the world’s largest furniture group, is reportedly looking for downtown retail sites in large cities around the world. read more.....»»

Category: blogSource: benzingaApr 3rd, 2019

IKEA hunting for downtown sites in key cities

IKEA, the world's biggest furniture group, is looking for downtown sites in top cities around the world as it responds to the fact that many customers no longer have the time or the cars to drive to its huge out-of-town stores......»»

Category: topSource: reutersApr 3rd, 2019

Wayfair to open first Mass. brick-and-mortar store

After experimenting with pop-up stores during last year’s holiday season, Boston-based online furniture retailer Wayfair Inc. (NYSE: W) is getting serious about expanding to physical retail. In early fall of this year, the company said it will open.....»»

Category: topSource: bizjournalsMar 26th, 2019

10 stores that are having amazing sales right now

From clothing to furniture, there's spring savings everywhere.         From clothing to furniture, there's spring savings everywhere.        .....»»

Category: topSource: usatodayApr 24th, 2018

Office Depot tops Buffalo-area office furniture stores

With close to 200 total area employees, Office Depot tops the Business First Office Furniture and Equipment Companies List......»»

Category: topSource: bizjournalsMay 8th, 2018

Home Depot misses comparable-sales forecasts as spring selling dips

(Reuters) - Home Depot Inc on Tuesday missed Wall Street forecasts for sales at established stores, as an unusually long winter hit sales of typical spring products like lawn-mowers and patio furniture......»»

Category: topSource: reutersMay 15th, 2018

Lord & Taylor to close storied flagship on Fifth Avenue

Lord & Taylor is abandoning plans to keep a store in the Fifth Avenue flagship it is selling, as the chain's owner closes more stores and focuses on online sales. The announcement Tuesday comes... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 5th, 2018

IKEA Calls Off Plans for Big Box Stores in Three US Markets

After opening 27 stores in the U.S. in the past 15 years, iconic Swedish component-furniture retailer IKEA has called off expansion plans in three markets while it considers making potentinally far-reach.....»»

Category: smallbizSource: nytJun 6th, 2018