article thumbnail

Analysis: A Japanese retailer with Lofty overseas prospects

Inside Retail

Loft, a dubiously classified ‘home furnishings’ concept is an idea that should have travelled but hasn’t. The name Loft inspires thoughts of furnishing an edgy urban apartment, but it turns out not to be very much like that. Loft is not a home furnishings store in the conventional sense. Sales were up 0.4

article thumbnail

NRF Says 2021 Holiday Sales Grew 14.1 Percent to Record $886.7 Billion

VMS

WASHINGTON, January 14, 2022 – Retail sales during 2021’s November-December holiday season grew 14.1 billion, easily beating the National Retail Federation’s forecast and setting a new record despite challenges from inflation, supply chain disruptions and the ongoing pandemic, NRF said today. percent over 2020 to $886.7