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HomeGoods Combines Rental Homes, Retail Promotion in New Initiative

HomeGoods Combines Rental Homes, Retail Promotion in New Initiative

by Mike Duff | Oct 12, 2022 | Retail Articles

HomeGoods is reimagining the typical vacation rental home and the typical retail promotion by offering an affordable trip this fall with the launch of House of HomeGoods. The initiative includes a bookable getaway for each of four nights in October and November that...
Inflation Hits Comps but TJX Beats Street on Earnings

Inflation Hits Comps but TJX Beats Street on Earnings

by Mike Duff | Aug 17, 2022 | Featured News, Retail Articles

TJX drove earnings in the second quarter despite declining comparable sales in its stores across the United States. Net income was $809.3 million, and diluted earnings per share were 69 cents versus $785.7 million and diluted earnings per share of 64 cents, in the...
Placer.ai: Home Decor, Home Center Retailers Confront Contrary Currents

Placer.ai: Home Decor, Home Center Retailers Confront Contrary Currents

by Mike Duff | Jun 22, 2022 | Home + Housewares

According to a Placer.ai study, the home center and home decor channels — home decor in this case including retailers from At Home to Bed Bath & Beyond to The Container Store — aren’t growing the way they did during the height of the COVID-19 pandemic but that...
Wayfair Leads Home Share Index but Smaller Players Gain

Wayfair Leads Home Share Index but Smaller Players Gain

by Mike Duff | Jun 2, 2022 | Retail Articles

In what it describes as the first edition of its Home Goods Market Share Index, market research firm YipitData released a ranked list of the top 30 specialist retailers. The new quarterly index, compiled by YipitData’s retail and e-commerce analysts, tracks...
TJX Q1 Earnings Exceed Estimates but HomeGoods Comps Slip

TJX Q1 Earnings Exceed Estimates but HomeGoods Comps Slip

by Mike Duff | May 19, 2022 | Retail Articles

Sales and earnings at The TJX Corp. gained year over year but only earnings surpassed Wall Street estimates in the first quarter as HomeGoods comparable sales slipped based primarily, the company stated, on difficult comparisons. Net income was $587.5 million, or 49...
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