Furniture and home furnishings retail

November 20, 2019 - 3:38 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)
August 20, 2019 - 3:37 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 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 - 4:08 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 - 4:49 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 - 9:48 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 April 10, 2019, file photo visitors to Story walk through the shop now located at Macy's in New York. On Thursday, April 18, the Commerce Department releases U.S. retail sales data for March. (AP Photo/Mark Lennihan, File)
April 18, 2019 - 7:51 am
WASHINGTON (AP) — U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped. The Commerce Department said Thursday that sales increased a seasonally adjusted 1.6% from February, the strongest increase since September 2017...
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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 - 3:11 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, 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 - 9:35 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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November 21, 2018 - 4:59 am
COPENHAGEN, Denmark (AP) — Swedish home furnishings giant Ikea says it is cutting 7,500 jobs worldwide, partly as a result of a new strategy to open shops in city centers to complement its larger stores. Ikea says the cutbacks will allow it to focus "on its e-commerce platform, to better meet the...
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Indian customers stand outside IKEA's first store in India as it opened in Hyderabad, India, Thursday, Aug.9, 2018. Swedish home furnishings giant IKEA opened its first store in India on Thursday, five years after it received approval to invest in the country's single-brand retail sector. (AP Photo/Mahesh Kumar A.)
August 09, 2018 - 6:31 am
HYDERABAD, India (AP) — Band music and loud cheers greeted hundreds of customers as Swedish home furnishings giant IKEA opened its first store in India on Thursday, five years after it received approval to invest in the country's single-brand retail sector. The store in the southern Indian city of...
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