Why Would Kohl’s Buy Home Decor Chain At Home?
Kohl’s (KSS) is seeking to expand its domestic precision business as it’s reportedly eyeing up domestic decor chain .HoSafavieh Home Furnishings announced the grand opening of its newest retail location at 150 Thompson Street in New York City. This 7,500-square-foot showroom, located in the SoHo neighborhood, will open June 1, 2019.
“This new location is a dedication of Safavieh to provide New York City with the best and most beautiful modern furniture, rugs, and accessories for homes all over the state, “says Darioush Yaraghi, Senior Vice President and Creative Director of Safavieh Home Furnishings.
For more than 40 years, Safavieh has grown from an artisan family business to a corporation with sophisticated manufacturing and distribution operations. It has grown from one showroom on Madison Avenue to 13 retail stores in the tri-state area, with 2 million square feet of warehouse space and manufacturing facilities on three continents.
Safavieh SoHo will have brands from Baker, Ralph Lauren, Thayer Coggin, Bernhardt Interiors, Glas Italia, American Leather, Lee Industries, Trica, Century, BDI, Phillips Collection, Hickory Chair, Visual Comfort, Global Views, Arteriors, plus many more. Safavieh SoHo will offer a selection of Safavieh rugs and Safavieh Couture, their exclusive 1,000-plus-piece fashion-forward line that includes furniture, upholstery, and lighting accessories. Safavieh SoHo’s design staff will provide complimentary interior design services. Me (HOME) for a likely buy.
If the deal moves forward, Kohl’s home goods series might get the main increase from the deal, which now debts for a small portion of its business, CNBC mentioned. Kohl’s also sells women’s, men’s, and youngsters’ clothing.
According to resources for the information outlet, Kohl’s has been purchasing At Home for the last three months and is presently in the advanced tiers of deal negotiations with private fairness firms, including Hellman & Friedman.
The assets did say that the deal between the two retailers is not sure, as At Home should prefer to promote to a buyout firm instead.
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Headquartered in Plano, Texas, At Home has 180 stores in over 30 states. The enterprise offered “more than 50,000 on-trend merchandise to shape any room, fashion, and budget.”
Kohl’s stock was down zero forty-four percent as of 12:32 p.m. ET on Thursday, while shares of At Home inventory were up four eighty-nine percent at the same time.
Festivals and unique occasions are always looked forward to eagerly. From little kids to adults, we all experience and relish the possibility of a competition looming just next door. We begin to prepare for such events many days in advance.
When we consider any pageant or event, the primary factor that comes to mind is decoration. No competition is complete without decorations of some sort.
Whether it’s a mile, a religious competition, a network festival, a social event, or a special family event, decorations are usually vital. The fashion of decoration may also vary from festival to festival and event to occasion.
The idea of redecorating a residence constantly tends to make every person completely happy, allowing them to participate with zeal in the decorations. An abundance of creativity and imagination are the main substances for decoration.
Your decorations do not always have to be pompous and showy. Even a simple, thoughtfully finished piece can add elegance and charm to important occasions.
Making plans ahead of time will greatly assist you. First, you must have a proper concept of the location to be decorated. The price range for the ornament must be outlined. Then, you ought to conceive your ideas.
