Financial & Business News
Financial and business news about home textiles retailers, manufactuers, and suppliers
Casper CEO is creating a ‘culture of frugality’ to make the brand profitable
Speaking at a retail conference in Boston recently, Casper CEO Emilie Arel said the direct-to-consumer […]
August 16, 2022
Buckle up – Outlook for $17+ billion in home textiles sales ahead this week
Several volume retailers with combined annual home textiles sales of $17.6 billion will report their […]
August 15, 2022
Sears Holdings creditors may finally get a payday via new settlement agreement
Some relief could be coming for suppliers left holding the bag when Sears Holdings filed […]
August 15, 2022
Isn’t there any good news? Consumer prices creep downward
Gas prices decreased, but food prices increased – and the index for household furnishings rose, […]
August 11, 2022
Ocean container rates inched down again this week
Rates from Shanghai to New York are running much higher than rates from Shanghai to […]
August 11, 2022
5 things impacted Purple 21% decline in second quarter sales
Digital native bedding brand Purple Innovation attributed its second quarter net sales slide to five […]
August 10, 2022
Imports are down, but global supply chain challenges are far from over
After a booming spring season, import numbers look to be on the decline for the […]
August 9, 2022
The wild stock trading craze that has fueled Bed Bath & Beyond’s improbable rally
Sales are cratering and liquidity is under pressure, but Bed Bath’s stock is soaring. Why?
August 9, 2022
Consumers cooler on home merchandise but still spending
Spending increases in July outpaced monthly year-over-year growth seen so far in 2022, with demand […]
August 8, 2022
QVC takes on new chief merchant as parent company launches turnaround plan
Qurate Retail Group has hired a new chief merchandising officer for QVC U.S. as part […]
August 5, 2022