Exclusive: Flooring Retailer Weigh In on 2024 Rug Sales

RugNews.com surveyed flooring retailers from coast to coast and finds that during 2024 area rugs continued to grow in prominence and importance.

157 Million Consumers to Shop on Super Saturday

An estimated 157.2 million consumers plan to shop on the last Saturday before Christmas, according to a survey released by National Retail Federation.

RH Reports Third Quarter Fiscal 2024 Results

RH reports third quarter demand increased 13% despite tough housing market, revises Q4 estimates up; announces 2025 introduction of RH Couture Upholstery, a significant new brand extension in the fall of 2024, 7 domestic store openings and minimal impact if tariffs on Chinese goods take effect.

JCPenney Tops The List Again in USA Today’s 2024 Readers' Choice Poll

For the 2nd year in a row, JCPenney was awarded the No. 1 spot in USA TODAY’s 10Best Readers’ Choice Award for Best Department Store.

US Black Friday Retail Sales Up +3.4% vs. Last Year

Consumers valued deals and promotions on Black Friday, e-commerce sales grew +14.6% compared to 2023 reports Mastercard SpendingPulse.

Loloi Brothers Launch E-Comm Home Brand, Joon Loloi

Founded by Cyrus and Steven Loloi, Joon Loloi is a new online retailer offering its own branded rugs, furniture, lighting, décor and more direct to consumers.

Kohl's Announces New CEO

Ashley Buchanan has been appointed chief executive officer and board member of Kohls, starting Jan. 15, 2025. 

Import Cargo Rising as Higher Tariffs and Potential Port Strike Approach

With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major ports are expected to see a continued surge in imports.

The Rug Company Opens First Dubai Showroom

Kirkland's Home and Beyond, Inc. to Revitalize Bed Bath & Beyond Brand with Neighborhood Store Strategy

Kirkland's to become Beyond's exclusive brick-and-mortar operator and licensee for new, smaller format (up to 15k square feet) 'neighborhood' Bed Bath & Beyond locations to identify potential store conversion opportunities or new markets.

Target Corporation Reports Third Quarter Earnings

Target reports third quarter comparable sales increased 0.3 percent, driven by strong traffic and digital performance.

Record Number of Shoppers Expected Over Thanksgiving Holiday Weekend

ICYMI: NRF Releases 2024 Winter Holiday Consumer Spending Expectations

The National Retail Federation announced Tuesday that consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations and other seasonal items.

Kirkland's Home and Beyond Announce New Strategic Partnership to Revitalize BBB Brand

A just-announced strategic partnership will make Kirkland's the exclusive brick-and-mortar operator of Beyond Inc. and the licensee for new, smaller format (up to 15k square feet) 'neighborhood' Bed Bath & Beyond stores.

Martha Stewart and Chilewich Debut Collection of American-Made Textiles for Tables, Floors & More

RH Reports Second Quarter Results

Company reports demand was up 7% in the Q2 and has continued experience positive gains with July demand up 10%, and demand 12 % in August, with positive margins.

Ernesta Opens Bethesda Showroom and Adds New Trade Portal

Online custom rug player Ernesta tests the brick-and-mortar waters rolling out its second showroom in the D.C. area.

Myers Flooring Continues to Win with Luxury Custom Rugs

Myers Flooring, which recorded double-digit growth last year, continues to invest in its reputation as a go-to custom rug house par excellence – and a supplier of luxury.

Badcock Furniture to Close All U.S. stores

Southeast home furnishings retailer Badcock Furniture, acquired by Texas-based Conn's Inc. in 2023, plans to shutter 380 stores following a filing for bankruptcy.  

Ethan Allen Reports Fiscal 2024 and Fourth Quarter Results