Minneapolis - As an improving economic climate encourages Target shoppers to shop discretionary categories, the discount chain is giving a facelift to its private "Target Home" brand with a name change and a revamping of merchandise.
Minneapolis - Putting more emphasis on other departments as it makes consumer electronics a less critical category, Shop NBC will invest in people and inventory as it moves toward its goal of having home account for 45% to 50% of sales.
New York - JCPenney at its meeting with analysts here Tuesday evening unveiled a host of new brands for the home department, which will be revamped as of March 1, 2013 with a Martha Stewart shop as its anchor.
Framingham, Mass. - Reflecting on the strong first quarter, TJX ceo talked up the HomeGoods division during the company's quarterly conference call this morning.
New York - For the second year in a row, consumers named Target the Value Retail Brand of the Year, according to the 2012 Harris Poll EquiTrend (EQ) study. Kohl's was top-ranked among department stores, and Nordstrom scored the highest among luxury department stores.
Plano, Texas - Late tomorrow afternoon, JCPenney's ceo will face analysts for the first time since he unveiled the company's ambitious makeover plan in February.
Minneapolis - The first group of short-run shop concept shops in Target stores is barely a week old, but the retailer has Tweeted the identities of the next group of brands its will carry beginning Sept. 9.
Montreal - Ikea Canada has begun the expansion of one of its two stores here in North America's largest French-speaking city, which when completed in summer 2013 will be the company's largest outlet in North America with 469,694 square feet of retail space.
Reston, Va. - Retail ecommerce sales posted their 10th consecutive quarter of positive year-over-year growth during the first quarter, up 17% to $44.3 billion, according to digital analytics firm comScore Inc.
Cincinnati - Home was among the strongest performers at Macy's Inc. during a quarter that beat Wall Street expectations, with the Macy's stores' Hotel and Charter Club brands singled out as the strongest private labels in the department.