On June 26, 2026, it was reported, Gardner White a top 100 retailer is relocating its corporate headquarters from Warren to Bloomfield Hills, according to a report by Crain's Detroit Business. The family-owned furniture and mattress retailer plans to move its executive and administrative teams to the former Taubman Centers headquarters at 200 E. Long Lake Road in Bloomfield Hills, according to Crain's and additional local media reports. The move comes as Gardner White continues an aggressive expansion strategy. Earlier this year, the retailer announced plans to add nine new stores across Michigan and Ohio, growing its footprint to 30 locations. The company also recently launched its new GW Home concept and an outlet format. Gardner White established its Warren headquarters in 2022 when it took over the former Art Van headquarters and warehouse complex, converting the site into both a flagship store and corporate base. Details regarding the timing of the relocation, the number of employees affected and the future role of the Warren facility were not immediately available. Founded in 1912, Gardner White is Michigan's largest furniture and mattress retailer and remains family owned and operated. The company is led by CEO Rachel Stewart
On June 25, 2026, it was reported, MillerKnoll reported higher sales and order growth across all three of its business segments in the third quarter of fiscal 2026, with executives citing continued demand in North America and operational improvements despite ongoing macroeconomic and geopolitical uncertainty. For the quarter ended Feb. 28, consolidated net sales increased 5.8% year-over-year to $926.6 million, while organic sales rose 3.8%. Consolidated orders climbed 9.2% to $931.6 million, led by strength in the company's North America Contract and Global Retail businesses. Gross margin improved 20 basis points to 38.1%. President and CEO Andi Owen said the results reflected the strength of the company's diversified portfolio despite external headwinds. The North America Contract segment continued to be the company's strongest performer during the quarter. Net sales for the segment increased 4.4% to $488.6 million, while orders rose 13.1% to $490.9 million. Adjusted operating margin expanded to 9.8%, benefiting from higher sales volumes, improved operational efficiency and favorable gross margin performance. International Contract also posted higher revenue, with sales increasing 7.8% to $156.9 million. Organic sales rose 1.9%, although organic orders declined 4.3% because of regional sales mix and currency-related pressures. Global Retail continued its positive momentum, reporting net sales of $281.1 million, an increase of 7.1%, while orders advanced 7.9%. Comparable order growth in North America reached 7.7% during the quarter. The company generated $61.1 million in operating cash flow during the quarter and ended the period with $594 million in available liquidity.
On June 24, 2026, it was reported, City Furniture's rebranding as City Home, accompanied by a major expansion of its product and service mix, not only represents a fundamental reinvention for the one-time waterbed retailer, but it's also a move that points the way for an industry struggling to adapt to changing consumer shopping patterns. At a time when it's become an existential challenge to drive consumer footsteps through the door, City Home has created myriad new touchpoints with its shoppers. Looking for a TV? City has it. New refrigerator, stove? Come to City. How about bath, fitness, kitchen products, closets, custom cabinetry, storage solutions? Yes, yes, yes, yes and yes. The company has also expanded into new service areas including connected home installation, interior design and dedicated trade services for builders and designers. It's clear the company has taken a strategic approach to its new product segments, leveraging its existing strength in delivery of large parcels requiring set up, something for which City Home has a well-established and positive reputation. At a time when e-commerce giants are luring consumers with shopping convenience and lower-than low pricing, City Home is offering shoppers a level of service and experience they cannot find online. City Home also has checked one of the most critical boxes for brick-and-mortar furniture retailers looking to remain competitive in today's marketplace: the ability to deliver an experience. While furniture is beautiful, fashionable and certainly utilitarian, it is, in and of itself, static. By adding several dynamic, demonstrable and highly visual new categories to its mix, City Home is taking its in-store experience to new heights.
On June 2, 2026, it was reported, Dollar General is seeing an "accelerated rate" of trading down activity with customers, CEO Todd Vasos told analysts on an earnings call Tuesday. While the retailer sees the trend across all cohorts, it has particularly increased among higher income shoppers making over $100,000 a year. The discount chain's core customers cut back on some household expenses including food purchases during the first quarter due to rising gas prices, the executive added. Rural customers are especially feeling the pressure "as they work to minimize trip distance and make trade-offs in their search for everyday affordability," Vasos said. Dollar General's first quarter net sales grew 3.4% year over year to $10.8 billion, according to a Tuesday press release. Same-store sales increased 2%, driven by a 1.4% bump in store traffic and a smaller 0.5% increase in average transaction amount. Dive Insight: Shoppers are feeling the pressure of prices at the gas pump and Dollar General is reaping the benefits. The company expanded its store fleet in Q1 with 190 new stores opened in the U.S. and five new locations in Mexico. All of Dollar General's merchandise categories delivered positive comp sales, with the growth rate in non-consumables outpacing consumables from a monthly cadence perspective again, per Vasos. Dollar General's performance in the quarter was indicative of the various initiatives it is executing on, Jefferies analysts led by Corey Tarlowe said in an emailed note Tuesday. While progress on Dollar General's various initiatives is evident, Telsey Advisory Group analysts highlighted some potential pressures the company faces.
