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Facts & Figures

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Market Highlight

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  • Sales and same-store sales dive as retailer clears out lower-priced, low-margin goods

    2019.07.04

    FORT WORTH, Texas — Pier 1 Imports posted  a 15.5% slump in fiscal first quarter sales and a jump in its net loss for the period, as the retailer worked to clear out lower-margin, lower-priced goods in a bid to turn around its struggling business.
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  • Sears Home & Life stores open in Kansas, Louisiana and Alaska

    2019.06.20

    HOFFMAN ESTATES, Ill. — Sears has opened three of its Sears Home & Life stores — the retailer’s new small-format specialized store concept — in Overland Park, Kan.; Lafayette, La.; and Anchorage, Alaska.
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  • The Future of Retail Is Not Big Box Stores

    2019.06.20

    Retail is a big business in America. In 2013 American consumers spent $3.2 billion shopping, 9% of which was online. With the Internet having become such a huge part of our lives and culture, it makes sense that retailers which want to survive the next 20 years will need to have an e-commerce strategy.
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  • Retailers wrestling with global trade disruptions

    2019.06.20

    HIGH POINT — Just as furniture retailers begin to raise prices on their floors for Chinese imports, along comes the new threat of a 5% tariff on Mexican imports that could climb to 25%, too.
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  • UK retail Christmas trading: a round-up

    2019.06.14

    Tesco announced its best Christmas trading performance in ten years following the recent festive period, Aldi said it experienced its “best ever” UK Christmas sales, and Joules’ positive momentum continued in December – but the overall picture for retail during its busiest time of year appeared challenging.
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  • Solaria Lighting under new ownership

    2019.06.14

    After its CEO retired last year, plans were in place for Solaria Lighting to cease procurement and production. Instead, the company has new ownership and a new home.
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  • Sears parent to acquire the rest of Sears HomeTown and Outlet Stores

    2019.06.13

    HOFFMAN  ESTATES, Ill. — The owner of Sears has entered a deal to acquire the rest of Sears Hometown and Outlet Stores not already owned by the related ESL Investments.
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  • Retail Star Spotlight: Accent Prone

    2019.06.10

    Home Accents Today’s Retail Stars list, in its 15th year, recognizes independent brick-and-mortar retailers of home accents – including furniture stores, home accessories boutique stores and interior design showrooms – that merchandise creatively, have a positive presence in their local communities and stand out from the competition.
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  • Tariff hikes on Chinese imports to hit US toy industry hard, says business leader

    2019.06.11

    Children view toys inside an Amazon store in Berkeley, California. [Photo/Agencies] NEW YORK - Washington's tariff hikes against Chinese imports will hit the US toy industry hard with increasing costs and decreased profits, said a senior industry leader.
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  • Beijing 'deeply regrets' US tariff hike, China says

    2019.06.11

    The Ministry of Commerce expressed "deep regrets" on Friday at the United States' decision to hike tariffs and said China will have to take necessary countermeasures.The comments came shortly after the US raised tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent.
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