Furniture and home furnishings retail

1010 WINS Newsroom
November 20, 2019 - 4:38 am
STOCKHOLM (AP) — Police in Sweden say a wanted man was found asleep in a bed in a furniture store north of Stockholm. Police spokesman Tobias Ahlen says the staff at the Ikea store in Uppsala on Monday contacted the police after they found the 25-year-old sleeping in the bed department. They were...
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FILE - In this July 11, 2019, file photo Weber grills are displayed at the Home Depot store in Londonderry, N.H. The Home Depot Inc. on Tuesday, Aug. 20, reported fiscal second-quarter net income of $3.48 billion. (AP Photo/Charles Krupa, File)
1010 WINS Newsroom
August 20, 2019 - 4:37 pm
Americans continue to shop, vacation and buy cars at a brisk clip. But corporate America is starting to worry out loud that President Donald Trump's tariffs will depress consumer spending and undermine the economy. Home Depot, the nation's largest home improvement chain, said as much on Tuesday,...
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FILE - In this May 16, 2018, file photo, traffic makes its way past a logo J.C. Penney store outside the Manhattan mall in New York. J.C. Penney Co. reports financial results Thursday, Aug. 15..(AP Photo/Mary Altaffer, File)
August 15, 2019 - 12:05 pm
Shares of J.C. Penney surged after the ailing department store cut its quarterly losses in half and announced that it would begin selling used clothing to staunch fading sales. Retailers have been searching for ways to get people back into its stores in the decade since the global economic downturn...
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FILE- In this Nov. 23, 2018, file photo shoppers walk through Dolphin Mall on Black Friday in Miami. Retailers and consumer product makers like American Textile may have received some short moment of reprieve after the Trump Administration delayed the 10% tariffs on some products which also include toys, clothing and shoes. (AP Photo/Lynne Sladky, File)
August 14, 2019 - 5:16 pm
NEW YORK (AP) — Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American Textile Co., he and his team spent weeks on a comprehensive study analyzing how a 10% tariff set for Sept. 1 would affect their business, which makes...
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Employees of Wayfair march to Copley Square in protest prior to their rally in Boston, Wednesday, June 26, 2019. Employees at online home furnishings retailer Wayfair walked out of work to protest the company's decision to sell $200,000 worth of furniture to a government contractor that runs a detention center for migrant children in Texas. (AP Photo/Charles Krupa)
June 26, 2019 - 5:06 pm
BOSTON (AP) — Employees at online home furnishings retailer Wayfair walked out Wednesday to protest the company's decision to sell $200,000 worth of furniture to a government contractor that runs a detention center for migrant children in Texas. The protest triggered a broader backlash against the...
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FILE- In this June 6, 2019, file photo specialist John Parisi, left, works with traders on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, June 13. (AP Photo/Richard Drew, File)
June 13, 2019 - 10:48 am
NEW YORK (AP) — U.S. stocks edged higher in early trading Thursday on Wall Street as a spike in oil prices boosted energy stocks following a suspected attack on two oil tankers in the strategic Strait of Hormuz. U.S. oil rose 3.2% and Brent crude, the international benchmark, gained 2.8%. The gains...
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FILE- In this March 14, 2019, file photo people attend the opening of a Piaget store during the opening night of The Shops & Restaurants at Hudson Yards in New York. On Monday, April 1, the Commerce Department releases U.S. retail sales data for February. (AP Photo/Mark Lennihan, File)
April 01, 2019 - 4:11 pm
WASHINGTON (AP) — U.S. retail sales fell in February, as consumers pulled back their spending on building materials, groceries, furniture, electronics and clothing amid signs of a slowing economy. The Commerce Department said Monday that retail sales fell 0.2 percent in February, after posting an...
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FILE- In this Aug. 9, 2018, file photo, Customers stand outside Ikea's first store in India as it opened in Hyderabad, India. India is a test case for whether Ikea should keep shifting resources toward emerging economies, including Latin America and China, given the saturation of markets in Europe and the United States, and the possibility of another global recession. Six months after Ikea opened its first store in Hyderabad, the 400,000-square-foot cornucopia of furniture, linens, kitchenware and other goodies is drawing between 10,000 and 30,000 visitors per day. (AP Photo/Mahesh Kumar A, File)
February 15, 2019 - 12:23 am
HYDERABAD, India (AP) — In Hyderabad's bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices and work with carpenters to design made-to-order housewares. This is the competition Swedish giant Ikea faces in tackling the $40 billion Indian...
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FILE - In this Aug.9, 2018, file photo, Indian customers return after shopping at IKEA's first store in India as it opened in Hyderabad, India. Swedish home furnishings giant Ikea announced plans on Friday, Jan. 11, 2019, to open its first New Zealand store. The company said it would build the store near the largest city of Auckland over the next few years, and would open a pop-up store to give customers a taste of what was to come before the flagship store opened. (AP Photo/Mahesh Kumar A., File)
January 10, 2019 - 10:35 pm
WELLINGTON, New Zealand (AP) — Swedish home furnishings giant Ikea announced plans on Friday to open its first New Zealand store. The company said it would build the store near the largest city of Auckland over the next few years, and would open a pop-up store to give customers a taste of what was...
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FILE- In this Nov. 23, 2018, file photo a shopper walks through Dolphin Mall while shopping on Black Friday in Miami. On Friday, Dec. 14, the Commerce Department releases U.S. retail sales data for November. (AP Photo/Lynne Sladky, File)
December 14, 2018 - 9:23 am
WASHINGTON (AP) — U.S. retail sales increased a slight 0.2% in November, as strong sales tied to holiday shopping were offset by lower gasoline prices. Excluding gas, however, the Commerce Department said Friday that last month's retail sales rose a healthy 0.5% in a positive sign for economic...
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