Home Furnishings Business News Staff

Home Furnishings Business News Staff
RSR: Retailers Like Private Label

Private label goods helped retailers' gross margins even during the economic downturn, according to a new report from Miami, Fla.-based RSR Research.

ARG, UBS Survey: Consumer Spending Likely Flat for January

Consumer spending in January promises to be flat or up only slightly as a result of several factors that raise concern about economic recovery anytime soon, according to the findings of the latest Consumer Mind Reader survey by America's Research Group (ARG) and UBS.

Online Holiday Sales Top Record Number Dec. 15

For the holiday season-to-date, $24.8 billion has been spent online, showing a 4 percent increase versus the corresponding days last year, according to comScore (NASDAQ: SCOR), a company that measures e-commerce spending.

Costco August Sales Hold at $5.4 Billion

Costco Wholesale Corp. (NASDAQ: COST) reported net sales of $5.4 billion for August, the four weeks ended Aug. 30, compared to net sales of $5.4 billion in the same four-week period last year.

Costco July Sales Drop 5 Percent

Costco Wholesale Corp. reported net sales of $5.41 billion for the month of July, the four weeks ended Aug. 2, a 5 percent decrease from $5.70 billion in the same four-week period last year.

Pro Group Names BDI Vendor of the Year

Retail buying group Pro Group named contemporary furniture vendor BDI, Chantilly, Va., "Furniture Vendor of the Year" for furniture and accessories during the spring Pro Group meetings.