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RH Expands Upscale Brand as Demand for Home Furnishings Tumbles
RH Expands Upscale Brand as Demand for Home Furnishings Tumbles
March 30, 2023  |  Retail

The market for home furnishings is “likely getting worse before it gets better.” So said RH Chairman and CEO Gary Friedman Wednesday (March 29) during the luxury home furnishings...

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RH Sales Slide as High-End Retailer Rejects Promotions
RH Sales Slide as High-End Retailer Rejects Promotions
December 09, 2022  |  Retail

In a declining market for home furnishings, RH is targeting upscale buyers.  RH Chairman and CEO Gary Friedman said Thursday (Dec. 8) during a quarterly earnings call that the...

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RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
RH Says Luxury Brands Don’t Discount, Resists Promos Despite Slumping Sales
September 09, 2022  |  Retail

Luxury lifestyle retailer RH won’t sacrifice its image and margins to keep its sales growing as consumers tighten their wallets, RH Chairman and CEO Gary...

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Today in Data: Backing Away From Big-Ticket Buying
Today in Data: Backing Away From Big-Ticket Buying
July 04, 2022  |  Today In Data

Today in data, as inflation continues to rise, consumers begin to ease spending on major purchases. Data $8.4B: Amount of auto loans reported by J.P....

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RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
RH Says High Mortgage Rates Killing Demand for Luxury Homes, Furniture
June 30, 2022  |  Retail

Hopes for a near-term turnaround in the battered home furnishing category were dashed Wednesday evening (June 29), after high-end retailer RH told investors it expects...

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Luxury Home Slowdown Takes Toll on RH Furniture Sales
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022  |  Retail

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). This was...

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Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
Restoration Hardware Makes Curated Home Ecosystem a 2022 Priority
December 09, 2021  |  Retail

Supply chain bottlenecks are still slowing delivery of some RH items, executives said Wednesday (Dec. 8), but most customers are willing to wait as the...

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Today in Retail: Peloton Slips Into Private-Label Apparel; Shipt Launches Largest Expansion in 3 Years
Today in Retail: Peloton Slips Into Private-Label Apparel; Shipt Launches Largest Expansion in 3 Years
September 09, 2021  |  Retail

In today’s top retail news, connected fitness giant is launching its own private-label line of apparel, while Shipt is adding close to 1,000 stores and...

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RH Sees ‘Long Tail’ for Consumer Spending On the Home
RH Sees ‘Long Tail’ for Consumer Spending On the Home
September 09, 2021  |  Retail

Luxury furniture and home goods retailer RH remains bullish that strong consumer spending will continue despite serious supply chain issues, as the company tries to...

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