T.J. Maxx is bringing back its The Maxx You Project, which is designed to serve as a community that encourages women to embrace their individuality but do so together, according to the retailer.
Retail
According to One Click Retail research, Amazon.com did about $4 billion in furniture sales in the U.S. last year, up 51% year over year, to become the largest online player in the category.
Amazon is touting its delivery service to apartment buildings and complexes as it seeks to expand an initiative it has established in limited regions.
At Home’s chief merchandising officer Alissa Ahlman has been honored by the Dallas Business Journal’s 2018 Women in Business Awards.
PBteen has teamed up with Sanrio’s Hello Kitty to unveil an exclusive collection of home décor created for teens and Hello Kitty fans.
Do it Best Corp. has promoted John Mergy to vp/information technology, effective July 1, 2018.
Following the sale of its specialty pharmacy business, Fred’s saw its comps decline in the first quarter.
Recent data from Nationwide’s Health of Housing Markets Report demonstrates worsening of housing market sustainability, but the situation may be temporary or at least not indicative of a prolonged slump.
Google is investing $550 million in cash in Chinese e-commerce company JD.com as part of a “strategic partnership.”
Vintage Rodeo Parent, an affiliate of Vintage Capital Management, will acquire all outstanding shares of Rent-A-Center common stock for $15 per share in cash.
Walgreens is planning to open a new office in Chicago where it anticipates 1,800 people will be based.
The Electronic Retailing Association, which represented the direct-response industry since 1990, cited financial difficulties in shutting down operations June 1.
Lowe’s has promoted Rob Posthauer to svp/general merchandising manager of home décor.
The National Retail Federation has come out against the Trump administration’s move to issue tariffs on $50 billion of Chinese imports.
Chief executive officers are expecting massive business change over the next two years, including at retail, according to a global consumer executive top of mind study, “No Normal is the New Normal: Make Disruption Work for Your Business,” conducted by KPMG International and The Consumer Goods Forum.
Ikea is launching a new social entrepreneurship program around World Refugee Day, June 20, based on the Tilltalande collection, which offers rugs and decorative pillows made in collaboration with the Jordan River Foundation and women artisans.
Year-over-year retail sales were up 5.6% in May, according to the National Retail Federation, as sales in several key retail segments were in the black during the year’s fifth month.
For its fifth annual Open Call, Walmart invited more than 450 businesses from 46 states to meet one-on-one with buyers for a chance to get their products on store shelves. The event was held yesterday, June 13, in Bentonville, AR.
Macy’s has named Naveen Krishna as its new chief technology officer, effective June 16.
Marshalls has come up with a unique promotion designed to demonstrate that it can be a destination for Father’s Day and other gift-giving occasions.