Home Improvement

St. Louis -- Ikea is expanding in the Midwest.

The chain will open a store in St. Louis on Sept. 30. It will be the Swedish company’s first store in Missouri, and 41st in the United States.  

The 380,000-sq.-ft. St. Louis Ikea is being built on 21 acres along Interstate-64 at Vandeventer Avenue. It will house Missouri’s largest rooftop solar array, consistent with the Ikea renewable energy presence at 90% of its U.S. locations.

Hudson, Ohio -- Jo-Ann Fabric and Craft Stores announced a key hire in marketing, and a promotion in merchandising.

Jo-Ann has hired Amy Parker as senior VP, marketing & advertising. Most recently, Amy was the chief marketing officer for Pet Supplies Plus and prior, chief marketing officer for the home division at Sears Holdings.

Previously, she was with Michaels, Toys “R” Us, and several other multi-unit chains.

Union, N.J. – Bed, Bath & Beyond Inc. missed Wall Street expectations for profit and same-store sales during a not-so-comfy first quarter of 2015. Net earnings dropped 18% to $158.5 million from $187.1 million, with increased selling, general and administrative (SG&A) and interest expenses offsetting higher gross profit.

Net sales totaled $2.74 billion, an increase of 3% from $2.66 billion. Same-store sales increased by 2.2%, including the negative impact of Canadian currency fluctuation.

Sears has opened a new connected home flagship store near Silicon Valley and Ryan Ciovacco, president of consumer electronics and connected solutions, spoke with Retailing Today about the major initiative.

True Value Company is expanding its presence in Puerto Rico, part of a long-term strategy to boost its global presence.

Big Lots is targeting Hispanic shoppers with a new Spanish language information hub for Latino customers. 

Big Lots Latino, which provides culturally relevant information including tips and ideas on home decor, beauty & health, food & recipes, and crafts, is just one additional way the company is diversifying its multicultural outreach to this rapidly growing segment of the U.S. population

Home Depot and Lowe’s have nothing on four Ace Hardware operators who were recipients of the retail cooperative’s annual “Coolest Hardware Stores’” awards.

The award is quite a distinction considering there are roughly 4,800 Ace Hardware stores worldwide. This year’s honorees included Henkle’s Ace Hardware (Webb City, Mo.), Islands Ace Hardware (Savannah, Ga.), Miner’s Ace Hardware (San Luis Obispo, Calif.) and Rocking R Ace Hardware (Harrisonburg, Va.).

Lumber Liquidators former chief merchandising officer William Schlegel is the latest casualty of an ongoing management overhaul by company founder and Chairman Tom Sullivan that also claimed the jobs of the CEO and CFO.

Sullivan continues to clean house at the company he founded 20 years ago after a damning report by 60 Minutes raised concerns about the company’s product sourcing practices and allegations of circumventing federal laws.