West Elm sales fall in Q3; parent group sales also down Laura Alber, President and Chief Executive Officer at Williams-Sonoma, Inc., said: “We are pleased with the results of our third quarter, beating both top and bottom-line expectations. The quarter was driven by continued improvement in our sales trend, market-share gains, and strong profit. “In Q3, our comp came in at -2.9%, with an operating margin of 17.8%, delivering a 7.1% increase in earnings per share to $1.96. Our operating results reflect the operational improvements that we have been focused on all year, and demonstrate the strength of our margin profile in a difficult environment." https://lnkd.in/dNrrhrWq #westelm #furniture #furnishings #online #retail
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Flooring sales drop by almost a quarter The value of flooring retail sales plummeted in April, dropping by almost a quarter compare with March. Sales in England, Wales and Scotland were £211,524,000, 23.98% down on the previous month. Sales were just 1.4% lower than April 2023 and down 3.67% on April 2022. Sales were 21.29% higher than April 2021 and 83.34% up on April 2019. Despite the falls, April 2024 was still the 95th?highest value of sales of 460 months recorded by ONS since comparable records began in January 1986. The data is not seasonally adjusted and does not allow for inflation. https://lnkd.in/ewkneY3U #flooring #flooringsales #retail #retailindustry #flooringindustry
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?? Did you get a chance to check this out? "I think we'll see a big boost in the second half of next year—a lot of builders are already ramping up," said Jason Waggoner, vice president of sales for ICC Floors Plus, which has six showrooms in Indiana and is planning for Illinois expansion. ?? Click on the links below to learn more about what the National Floorcovering Alliance (NFA) members experienced in 2024 despite market softness and see their predictions for business in 2025. ?? USA Flooring Joins National Floorcovering Alliance https://brnw.ch/21wPWEc ?? NFA Vendor Meeting Reveals New Solutions for Flooring Retailers https://brnw.ch/21wPWEb ?? National Floorcovering Alliance Members Report Resilient Performance Through Diversification https://brnw.ch/21wPWEa #flooring #flooringretail #flooringretailers #flooringbusiness
?? Did you get a chance to check this out? "I think we'll see a big boost in the second half of next year—a lot of builders are already ramping up," said Jason Waggoner, vice president of sales for ICC Floors Plus, which has six showrooms in Indiana and is planning for Illinois expansion. ?? Click on the links below to learn more about what the National Floorcovering Alliance (NFA) members experienced in 2024 despite market softness and see their predictions for business in 2025. ?? USA Flooring Joins National Floorcovering Alliance https://brnw.ch/21wPWEc ?? NFA Vendor Meeting Reveals New Solutions for Flooring Retailers https://brnw.ch/21wPWEb ?? National Floorcovering Alliance Members Report Resilient Performance Through Diversification https://brnw.ch/21wPWEa #flooring #flooringretail #flooringretailers #flooringbusiness
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Norfolk department store group maintains sales growth The parent company of Holt-based home furnishings department store retailer Bakers & Larners of Holt has reported a growth in turnover. https://lnkd.in/eRaytW4f #departmentstore #retail #sales #growth
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?? Did you get a chance to check this out? "I think we'll see a big boost in the second half of next year—a lot of builders are already ramping up," said Jason Waggoner, vice president of sales for ICC Floors Plus, which has six showrooms in Indiana and is planning for Illinois expansion. ?? Click on the links below to learn more about what the National Floorcovering Alliance (NFA) members experienced in 2024 despite market softness and see their predictions for business in 2025. ?? USA Flooring Joins National Floorcovering Alliance https://brnw.ch/21wPWEc ?? NFA Vendor Meeting Reveals New Solutions for Flooring Retailers https://brnw.ch/21wPWEb ?? National Floorcovering Alliance Members Report Resilient Performance Through Diversification https://brnw.ch/21wPWEa #flooring #flooringretail #flooringretailers #flooringbusiness
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Parent company Conn’s Inc. filed for Chapter 11 bankruptcy protection July 23, and going-out-of-business sales are taking place across Conn's HomePlus and Badcock Home Furniture & more locations, which include inventory at one Conn’s and nine Badcock furniture stores in Northeast Florida. Karen Mathis reports. #furniture #retailer #liquidation #bankruptcy #businessnews #readitherefirst #subscribe
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?? Click on the links below to learn more about what the National Floorcovering Alliance (NFA) members experienced in 2024 despite market softness and see their predictions for business in 2025. ?? USA Flooring Joins National Floorcovering Alliance https://lnkd.in/gs6WXhpf ?? NFA Vendor Meeting Reveals New Solutions for Flooring Retailers https://lnkd.in/gFDKbeDf ?? National Floorcovering Alliance Members Report Resilient Performance Through Diversification https://lnkd.in/gTjMRz78 #flooring #flooringretail #flooringretailers #flooringbusiness
"I think we'll see a big boost in the second half of next year—a lot of builders are already ramping up," said Jason Waggoner, vice president of sales for ICC Floors Plus, which has six showrooms in Indiana and is planning for Illinois expansion. ?? Click on the links below to learn more about what the National Floorcovering Alliance (NFA) members experienced in 2024 despite market softness and see their predictions for business in 2025. ?? USA Flooring Joins National Floorcovering Alliance https://lnkd.in/gs6WXhpf ?? NFA Vendor Meeting Reveals New Solutions for Flooring Retailers https://lnkd.in/gFDKbeDf ?? National Floorcovering Alliance Members Report Resilient Performance Through Diversification https://lnkd.in/gTjMRz78 #flooring #flooringretail #flooringretailers #flooringbusiness
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"I think we'll see a big boost in the second half of next year—a lot of builders are already ramping up," said Jason Waggoner, vice president of sales for ICC Floors Plus, which has six showrooms in Indiana and is planning for Illinois expansion. ?? Click on the links below to learn more about what the National Floorcovering Alliance (NFA) members experienced in 2024 despite market softness and see their predictions for business in 2025. ?? USA Flooring Joins National Floorcovering Alliance https://lnkd.in/gs6WXhpf ?? NFA Vendor Meeting Reveals New Solutions for Flooring Retailers https://lnkd.in/gFDKbeDf ?? National Floorcovering Alliance Members Report Resilient Performance Through Diversification https://lnkd.in/gTjMRz78 #flooring #flooringretail #flooringretailers #flooringbusiness
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Furniture sales fall back to pre-lockdown levels The retail value of furniture and lighting sales plunged in July. Sales in July reached £1,040,385,000 in England, Scotland and Wales according to ONS data, but this was 22.48% lower than June 2024 and 18.16% lower than July 2023. The performance is the lowest since February 2021 (£886,977,000): when the country was in the second month of the third lockdown, and a month before non-essential retail reopened and in effect lower than when store did reopen thanks to inflation (£1,095,646,000). The figures are not seasonally adjusted, do not take inflation into account and are subject to revision. https://lnkd.in/eM_QWtz8 #furniture #furnituresales #furnitureindustry
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Sales and profit fall back to pre-pandemic levels at independent retailer https://lnkd.in/einp9ei6 #furniture #furnishings #retail #independent #sales
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Lumber Liquidators started in the back of a pick up in 1994. Lots of stores soon to be vacant or struggling like many other retailers. This article covers all the bankrupt household names and retail storefront closures so far in 2024. It’s a trend you need to follow…. Razors edge net retail margins of 2-4% for many retail / fast casual / c-store outlets right? What of you could better manage your energy consumption and save $60k annually straight to the bottom line??? Grow NOI by managing and conserving operating costs…… #ERM #LowMargin #Retrofit #Energy #commercialrealestate #renorealestate #retail
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