MEXICO – Maderas y Plásticos S.A. (MYPSA), a leading company in the furniture and interior design industry, brings to Mexico the innovative MDF Forescolor, an MDF panel with full thickness color developed by Korean manufacturer Foresco.
Authorities give green light to Falabella’s capital increase
CHILE – The Commission for the Financial Market (CMF) of Chile authorized the capital increase announced by Falabella last August. The placement contemplates the issuance of 84.3 million new shares.
Wayfair celebrates the 10 year anniversary of its Operation Center in Ireland by adding new jobs
IRELAND – Wayfair Inc., one of the world’s largest online marketplace for the home, is celebrating the 10th anniversary of its multi-lingual European Operations Centre in Galway, Ireland with the announcement of plans to expand its workforce across the country.
Indaux expands its warehouse in Valencia
SPAIN – Indaux has strengthened its commercial structure to serve the Mediterranean market, expanding its warehouse in Catarroja, Valencia, to 1,000 square meters.
For the third consecutive year Falabella was selected to join the Dow Jones Sustainability Index
CHILE – For the third consecutive year, S.A.C.I. Falabella was selected as a member of the Dow Jones Sustainability World Index (DJSI World), which groups the leading companies committed to sustainable development based on economic, social and environmental matters.
Valencia Habitat furniture fair poised to open next week to 100% occupancy
SPAIN – The furniture, lighting and décor fair Hábitat Valencia opens its doors from Tuesday 18th to Friday 21st September, with all the exhibition space available booked and an offering that includes more than 415 international companies and brands.
Ace Hardware reports 2Q-2018 results, revenues up 6.4%
U.S. – Ace Hardware Corporation, the largest retailer-owned hardware cooperative in the world, reported record second quarter 2018 revenues of USD 1.59 billion, an increase of USD 95.5 million, or 6.4 percent, from the second quarter of 2017.
Office Depot announces 2Q-2018 results, sales up 11%
U.S. – Office Depot, Inc., a leading omni-channel provider of business services and supplies, products and technology solutions, announced results for the second quarter ended June 30, 2018. Total sales for 2Q-2018 were USD 2.6 billion compared to USD 2.4 billion in the second quarter of 2017, an increase of 11%.
The Home Depot reports sales of 30.5 billion in 2Q-2018
U.S. – The Home Depot, the world’s largest home improvement retailer, reported sales of USD 30.5 billion for the second quarter of fiscal 2018, an 8.4 percent increase from the second quarter of fiscal 2017.
Wayfair Announces 2Q-2018 Results, net revenue up 48.8%
U.S. – Wayfair Inc., one of the world’s largest online destinations for the home, reported financial results for its second quarter ended June 30, 2018. Direct Retail net revenue, consisting of sales generated primarily through Wayfair’s sites, increased USD 538.5 million to USD 1.6 billion, up 48.8% year over year.
Homecenter opens its 40th store in Colombia
COLOMBIA - Sodimac Homecenter opened a new store in Mosquera, a neighboring town of Bogotá, completing 40 stores in the country since its arrival in 1993 at the hands of the Corona Organization. The new warehouse includes the Homecenter and Constructor formats...
Sales of Elektra’s retail division up 9% in 2Q-2018
MEXICO – Grupo Elektra, a specialty retailer and financial services company and part of Grupo Salinas of México reported its financial results for the second quarter of 2018.