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November Sales Rise Despite December Shopping Days, Says Retail

November Sales Rise Despite December Shopping Days, Says Retail

by HFT | Dec 12, 2024 | Home Fashion, Retail

According to the National Retail Federation’s newly issued CNBC/NRF Retail Monitor, November saw some mild improvement in overall retail sales, despite the fact that two of the busiest days of the holiday shopping season carried over into December with this...
Ollie’s Sees Boost from New Stores, but Comparable Sales Decline

Ollie’s Sees Boost from New Stores, but Comparable Sales Decline

by HFT | Dec 11, 2024 | Home Fashion, Retail

Harrisburg, Pennsylvania—  Following the release of its third-quarter earnings this morning, Ollie’s Bargain Outlet reduced its full-year projection. The close-out chain’s net sales increased 7.8% to $517.4 million on the top line. New stores were solely...
Macy’s is being targeted by a new activist group

Macy’s is being targeted by a new activist group

by HFT | Dec 10, 2024 | Home Fashion, Retail

A group of shareholders from Thor Equities and Barington Capital Group have prepared a presentation detailing tactics they think could significantly increase returns. It was made public this morning and requires Macy’s board to: Monetize Macy’s real estate...
Pepperfry aims to reach 150 cities within two to three years

Pepperfry aims to reach 150 cities within two to three years

by HFT | Dec 9, 2024 | Home Fashion, Retail

The brand currently has about 150 locations in about 100 cities, and in the next two to three years, it hopes to reach 150 cities. Bengaluru—  In three years, Pepperfry, an omnichannel retailer of furniture and home décor, hopes to treble its storefront presence in...
Kirkland sees the advantages of the Beyond relationship

Kirkland sees the advantages of the Beyond relationship

by HFT | Dec 7, 2024 | Home Fashion, Retail

Nashville, Tennessee — Specialty home retailer Kirkland’s saw comparable store sales increase by 1.6% during the third quarter, marking its fourth consecutive quarter of strong comp store sales growth, despite the effects of hurricanes on the trading areas of...
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