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Home Improvement

  • Nebraska Furniture Mart, The Colony, Texas

  • Best Buy gets a big bite out of Apple in Q1

    Demand for iPhone 6, big TVs and appliances surged at Best Buy in the first quarter, enabling the company to report a much-better-than expected same store sales increase.

  • Housing recovery lifts sales at Lowe's

    The rebounding housing market lifted Lowe's financial results in the first quarter, although not as much as Wall Street expected.  

  • Ace Hardware is still surging

    A month after being named America's favorite home improvement store, Ace Hardware reported record profit in the first quarter of 2015.

  • Lowe’s Q1 profit, sales up but miss Street

    Mooresville, N.C. -- Lowe's Companies reported an increase in profit and sales in the first quarter but its performance in both metrics fell short of Wall Street estimates. The home furnishings retailer reported its results a day after rival Home Depot reported earnings and revenue that topped estimates.

    Lowe’s net income increased 7.8% to $673 million in the quarter ended May 1, from $624 million a year earlier.

    Net sales rose 5.4% to $14.13 billion. Total same-store sales were up 5.2%.

  • Nebraska Furniture Mart opens nation’s largest home furnishings store

    New York -- While most retailers are shrinking their footprints, Nebraska Furniture Mart (NFM) is doing just the opposite, opening the nation’s largest home furnishings store. Located in the new 433-acre Grandscape mixed-use development in The Colony, Texas, the two-level store has a whopping 560,000 sq, ft. of selling space (equivalent to about nine football fields). Including its on-site warehouse, the space totals more than 1.8 million sq. ft.

  • Retail Rap: Sears Goes on a Selling Spree

    About a year and a half ago, I wrote the following about Sears in an article that appeared in this space: “the company has been run less like a retail operation and more like a REIT for many years now.”

  • Hhgregg honors heroes with omnichannel campaign

    Hhgregg is partnering with Maytag once again on an omnichannel giveaway that honors everyday American heroes.

    The retailer and appliance-maker will honor 10 deserving Americans who have had a profound impact on their community. Each hero will receive a free Maytag appliance and an Hhgregg gift card to thank them for their commitment. Additionally, hhgregg and Maytag brand are giving away appliances every day in May at hhgregg.com.

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