Content about Home Stores

July 22, 2014

Lowe's announced plans to locate a customer support center in Indianapolis, creating up to 1,000 new jobs by 2016.

MOORESVILLE, N.C. -- Lowe's announced plans to locate a customer support center in Indianapolis, creating up to 1,000 new jobs by 2016.

The retailer plans to invest $20.5 million to purchase, renovate and equip a 140,000-sq.-ft. office facility at Intech Park 12, 6620 Network Way, on the northwest side of Indianapolis. The new center will support stores and internet sales, delivery services and repair services for Lowe's customers across the United States.

July 18, 2014

PBteen opens its first Arizona-based PBteen store at Kierland Commons in Scottsdale, Arizona on July 18.

San Francisco - PBteen opens its first Arizona-based PBteen store at Kierland Commons in Scottsdale, Arizona on July 18. It will serve as a combined location with Pottery Barn Kids, and this will be the 18th PBteen location in the U.S.

July 17, 2014

Williams-Sonoma announced the hiring of Ronald R. Young as senior VP global.

San Francisco -- Williams-Sonoma announced the hiring of Ronald R. Young as senior VP global. Young will grow the portfolio of Williams-Sonoma brands outside the United States.

July 16, 2014

Pottery Barn and Pottery Barn Kids opened stores Tuesday, July 15 at Central Square, Bonifacio High Street, a premier retail destination in Manila, Philippines.

San Francisco – Pottery Barn and Pottery Barn Kids opened stores Tuesday, July 15 at Central Square, Bonifacio High Street, a premier retail destination in Manila, Philippines. As part of parent company William-Sonoma Inc.’s strategic global expansion, these stores are the first Pottery Barn and Pottery Barn Kids locations in Southeast Asia.

July 15, 2014

Bed Bath & Beyond Inc. has priced three series of senior unsecured notes for an aggregate principal amount of $1.5 billion.

Union, N.J. - Bed Bath & Beyond Inc. has priced three series of senior unsecured notes for an aggregate principal amount of $1.5 billion. Of these notes, $300 million will mature in August 2024, $300 million will mature in August 2034, and $900 million will mature in August 2044.

The offering is expected to close, subject to normal closing conditions, on July 17, 2014. The company intends to use the proceeds from this offering for share repurchases of its common stock and for general corporate purposes.

July 15, 2014

Home furnishings retailer West Elm will open in New Orleans on July 24.

Brooklyn, N.Y. -- Home furnishings retailer West Elm will open in New Orleans on July 24.

Located in the Lower Garden District, the approximately 10,000-sq.-ft. store is designed with installations inspired by New Orleans culture and will feature a local assortment made by Louisiana-based artisans that includes art, leather goods, vases and stationery.

July 14, 2014

Bed Bath & Beyond Inc. intends to offer, subject to market and other conditions, senior unsecured notes due 2024, senior unsecured notes due 2034 and senior unsecured notes due 2044 under a shelf registration on file with the Securities and Exchange Commission.

Union, N.J. - Bed Bath & Beyond Inc. intends to offer, subject to market and other conditions, senior unsecured notes due 2024, senior unsecured notes due 2034 and senior unsecured notes due 2044 under a shelf registration on file with the Securities and Exchange Commission. Bed Bath & Beyond intends to use the proceeds from this offering for share repurchases of its common stock and for general corporate purposes.

J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are acting as joint book-running managers.

July 14, 2014

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States.

Conshohocken, Pa. -- Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States.

The application marks the beginning of an approval process that could lead to the store’s opening as early as summer 2016.

July 8, 2014

Following Staples’ expansion of its Staples Connect home and office automation platform to 500 stores, The Home Depot is making Wink-enabled connected home products available for purchase in its nearly 2,000 U.S. stores and online.

Atlanta – Following Staples’ expansion of its Staples Connect home and office automation platform to 500 stores, The Home Depot is making Wink-enabled connected home products available for purchase in its nearly 2,000 U.S. stores and online.

July 7, 2014

Following a difficult first quarter of fiscal 2014 where it missed Wall Street estimates on both profits and sales, Bed, Bath & Beyond has authorized a new $2 billion share repurchase program.

Union, N.J. – Following a difficult first quarter of fiscal 2014 where it missed Wall Street estimates on both profits and sales, Bed, Bath & Beyond has authorized a new $2 billion share repurchase program.

The company said it expects to complete the new buyback during its fiscal 2016.

July 7, 2014

n partnership with its largest rug supplier, Raj Overseas, West Elm has established a fair trade certified factory for handcrafted rugs in India.

Brooklyn, N.Y. - In partnership with its largest rug supplier, Raj Overseas, West Elm has established a fair trade certified factory for handcrafted rugs in India. Fair trade certification ensures that the rugs are made in safe working conditions and that workers are justly compensated, delivering a premium back to the worker to invest in causes of their choice.

July 1, 2014

Ikea has plugged-in an expansion of the solar array completed in April 2013 on the roof of its 1.7 million-sq.-ft. Perryville, Maryland, distribution center.

Conshohocken, Pa. – Ikea has plugged-in an expansion of the solar array completed in April 2013 on the roof of its 1.7 million-sq.-ft. Perryville, Maryland, distribution center. Installation of the new panels began in fall 2013, and since then have nearly doubled the size of the original project.

June 27, 2014

Bed, Bath and Beyond Inc. had a difficult first quarter of fiscal 2014, missing Wall Street estimates on both profits and sales.

Union, N.J. – Bed, Bath and Beyond Inc. had a difficult first quarter of fiscal 2014, missing Wall Street estimates on both profits and sales. Net earnings fell 8% to $187.1 million, from $202.5 million in the same period a year earlier. Sales rose 2% to $2.66 billion from $2.61 billion, and same-store sales climbed 0.4%.

June 26, 2014

Lazzoni, the international maker of sleek, contemporary furniture, has opened a flagship in Manhattan's SoHo neighborhood.

New York -- Lazzoni, the international maker of sleek, contemporary furniture, has opened a flagship in Manhattan's SoHo neighborhood.

Highlights of the collection include beds with hidden storage compartments and sofas with easily adjustable backs that can be converted into beds. Perfect for any New York City apartment, the collection at 26 Greene Street provides maximum quality, flexibility and style at moderate prices. A launch party is slated for the 5,700-sq.-ft. space in September.

June 26, 2014

Ikea is planning to raise the hourly minimum wage for employees in its U.S. stores by an average 17%, beginning January 1, 2015.

Conshohocken, Pa. -- Ikea is planning to raise the hourly minimum wage for employees in its U.S. stores by an average 17%, beginning January 1, 2015. In a move unprecedented among U.S. retailers, Ikea’s wage hike will vary in that it will be based on the cost of living in each store’s location. According to Ikea, the change will take the average minimum hourly wage in its existing U.S. stores (as of June 2014) to $10.76, a $1.59 or 17% increase, and $3.51 above the current federal minimum wage.

June 25, 2014

Sears Hometown and Outlet Stores Inc. will open its newest Colorado Sears Home Appliance Showroom on June 26, in Arvada.

Hoffman Estates, Ill. - Sears Hometown and Outlet Stores Inc. will open its newest Colorado Sears Home Appliance Showroom on June 26, in Arvada. The Arvada location marks the fourth opening of a new Sears Home Appliance Showroom Store this year and the 14th opening of a new store across all of Sears Hometown and Outlet Stores formats.

June 25, 2014

PBteen, a member of the Williams-Sonoma, Inc. portfolio of brands, opens a store at Tysons Corner Center in McLean, Virginia, on June 27.

San Francisco -- PBteen, a member of the Williams-Sonoma, Inc. portfolio of brands, opens a store at Tysons Corner Center in McLean, Virginia, on June 27. This will be the 17th PBteen location and the second combined Pottery Barn, Pottery Barn Kids, and PBteen store in the U.S.

June 19, 2014

Promotions took their toll on profitability at Pier Imports Inc. during the first quarter of fiscal 2015.

Fort Worth, Texas – Promotions took their toll on profitability at Pier Imports Inc. during the first quarter of fiscal 2015. The company reduced its earnings guidance for fiscal 2015.

Net earnings fell 25% to $15.1 million from $20.3 million in the same quarter of fiscal 2014.

Total sales for the first quarter were $419.1 million, a 6.1% increase from $394.9 million in the year-ago quarter. Same-store sales increased 6.3%, attributable to increases in total brand traffic, conversion and higher average ticket.

June 17, 2014

Garden Ridge announced that it is investing $20 million to rebrand all of its stores to the At Home brand.

Plano, Texas -- Garden Ridge announced that it is investing $20 million to rebrand all of its stores to the At Home brand.

"Our new name, At Home, better reflects our company's home décor heritage, as well as our aspirations for the future. By aligning our in-store transformation and merchandise offerings, the new brand best positions us to succeed as we move forward with our expansion strategy," said CEO Lee Bird.

June 12, 2014

Lowe’s has launched Lowe’s Innovation Lab, with a goal of creating new technology to solve common consumer frustrations while working alongside start-ups, universities, specialized professionals and other companies. The first concept to come out of the lab is the Lowe's Holoroom, a home improvement simulator that applies 3D and augmented reality technologies to provide homeowners an intuitive, immersive experience in their dream rooms.

Mooreseville, N.C. — Lowe’s has launched Lowe’s Innovation Lab, with a goal of creating new technology to solve common consumer frustrations while working alongside start-ups, universities, specialized professionals and other companies. The first concept to come out of the lab is the Lowe's Holoroom, a home improvement simulator that applies 3D and augmented reality technologies to provide homeowners an intuitive, immersive experience in their dream rooms.

June 5, 2014

Home furnishings retailer West Elm has launched a wedding and gift registry that allows shoppers to register in stores, online or via smartphone app.

New York -- Home furnishings retailer West Elm has launched a wedding and gift registry that allows shoppers to register in stores, online or via smartphone app.

“Our customers have great individual style and definitely know how to party,” said Vanessa Holden, creative director of West Elm. “Our new wedding and gift registry features tips and tricks from some of our favorite partners, and it's the perfect tool to help couples design a home to suit their new life together or plan for any type of celebration.”

June 3, 2014

Ikea announced it had completed the installation of South Florida’s largest solar array, which will be plugged-in officially atop the future Miami-Dade Ikea store opening this summer in Sweetwater, Florida.

Sweetwater, Fla. -- Ikea announced it had completed the installation of South Florida’s largest solar array, which will be plugged-in officially atop the future Miami-Dade Ikea store opening this summer in Sweetwater, Florida. Combined with rooftop arrays in Orlando, Tampa, and Sunrise, this fourth solar project will keep Ikea as the state’s largest non-utility solar owner.

June 2, 2014

Sears is testing “Connected Solutions” experiential shops that bring together smart, or connected, home and personal automation products.

Hoffman Estates, Ill. -- Sears is testing “Connected Solutions” experiential shops that bring together smart, or connected, home and personal automation products. The 1,700-sq.-ft. shops are being piloted in three Sears locations in the Chicago area, including Woodfield Mall, Schaumburg, Illinois; and Oakbrook Center, Oakbrook, Illinois.

May 28, 2014

Lowe’s has released its 2013 Corporate Sustainability Report, which highlight its efforts to promote the well-being of its employees, its communities and the environment.

Mooresville, N.C. – Lowe’s has released its 2013 Corporate Sustainability Report, which highlight its efforts to promote the well-being of its employees, its communities and the environment. The report includes Lowe's first set of public sustainability goals, which establish new targets for energy use, carbon emissions and waste for the year 2020.

By 2020, Lowe’s aims to achieve the following milestones for energy use, carbon emissions and waste, measured against a 2010 baseline:

May 27, 2014

Conn’s, a specialty retailer of home appliances, furniture, mattresses, consumer electronics, announced the opening of its first two Conn’s HomePlus stores in Tennessee.

The Woodlands, Texas -- Conn’s, a specialty retailer of home appliances, furniture, mattresses, consumer electronics, announced the opening of its first two Conn’s HomePlus stores in Tennessee.

The HomePlus store format showcases furniture and mattresses in addition to the leading brands and the latest technologies in consumer electronics and home appliances. The stores are at Cross Creek, in Memphis, and at Town & Country Commons, in Knoxville.