Industry News
How to choose Knitted Cotton Baby Blanket
A knitted cotton baby blanket is a type of baby blanket that is usually made from thick gauge cotton threads of pure cotton or a cotton blend. It features a hand-knitted textured surface that is soft and comfortable for baby's tender skin. Many times, this form of blanket is produced using both knit......
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US Department of Commerce releases July assessment, furniture and home decoration sales are not satisfactory
Sales of furniture and home furnishings continued to decline in July compared with a year earlier, according to the Commerce Department's latest monthly assessment. Adjusted furniture and home furnishings sales were $11.039 billion in July, down 6.3% from $11.781 billion in July 2022. Compared with......
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Big Lots losses continue to widen
Big Lots, an American home furnishing retailer, continued to decline in the second quarter of fiscal 2023, which ended on July 29. According to the financial report, the net sales of Big Lots in the second quarter of the fiscal year were US$1.139 billion, a decrease of 15.4% from US$1.346 billion i......
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In the second quarter of Target's fiscal year, the sales problem of non-essential products still has not been solved, and the overall sales have dropped significantly.
Target saw a sharp decline in its fiscal quarter ended July 29. Quarterly sales were US$24.38 billion, a year-on-year decrease of 4.9% and a quarter-on-quarter decrease of 2% from the first quarter.
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