News

Good Money After Bad: Sears owner and hedge fund billionaire Eddie Lampert is lending more cash to his struggling retail chain to help stock shelves for the holidays. Reuters

A Thanksgiving Staple: Staples will buck the national trend and continue a Thanksgiving tradition by remaining closed on the national holiday. Staples BestBlackFriday.com

The House That LG Built: LG is back for a second year with its “healthy” concept house for House Beautiful magazine. LG Electronics USA

Follow the Money: The steady growth of online shopping hasn’t been lost on these top bedding executives. FurnitureToday

Low Morale at Lowe’s: Recent headcount reductions at Lowe’s have put added strain on remaining workers. Business Insider

Sleep Number’s Numbers: Sleep Number reported record results for its fiscal third quarter. Sleep Number

Baxter’s Back: Tim Baxter, who retired as President/CEO of Samsung Electronics North America last June, has joined the Advisory Board of Almo Corp. TWICE

Gone Fishing: U.S. store closures this year through Oct. 11 have already exceeded the total for all of 2018 – but so have new store openings. Coresight Research

Man With the Plan: Whirlpool has hired Holger Gottstein as head of Strategy and Business Development, effective Jan. 1, 2020. Whirlpool

Glad Tidings: Holiday sales are projected to grow as much as 4.2 percent to more than $730 billion this year. NRF

Sears Saga Continues: As many as 70 unpaid Sears vendors are urging a bankruptcy court judge to force the chain to liquidate. New York Post

They’re B-a-a-a-c-k: hhgregg, the big-box regional chain that went bankrupt in 2017, has opened its first store under new ownership. Retail Dive

Temperature’s Rising: Amazon has introduced a second-generation smart oven that combines, convection, microwave, air fryer and food warming features. Amazon.com

Walking the Walk: After years of telling retailers how to run their businesses, global management consultancy McKinsey & Co. is learning first-hand what it’s like to operate a store. Fortune and StarTribune

Wing and a Prayer: Walgreens will begin testing on-demand drone deliveries of more than 100 of its most popular products next month in Christiansburg, Va. Walgreens

If You Build It, They Will Come: U.S. housing starts have hit their highest level since July 2007, which bodes well for the appliance and home furnishings industries. Markets Insider

No Rest For Sleep Number: Bedding supplier Sleep Number has won a “Supply Chains to Admire” award for transforming its supply chain over the last three years. Sleep Number

The Icemen Cometh: LG Electronics celebrated the launch of its Craft Ice InstaView refrigerators with “an epic cocktail competition” between celebrity icemen Vanilla Ice and Ice-T. LG Electronics

High Point Pointers: What September’s High Point’s Premarket lacked in traffic was more than made up for in dealer enthusiasm. FurnitureToday

The Why’s of Wi-Fi 6: Just when you’ve wrapped your head around 5G, here comes a whole new Wi-Fi standard to shake things up even further. Mashable

Service With a Smile: Having a service department doesn’t mean you have to forsake profitability. Residential Systems

Eye of the Beholder: The $2 billion NECO Alliance held its annual Expo at Connecticut’s Mohegan Sun last week, where dealers were reminded to make their showrooms attractive. Dealerscope

Move Over, Prime: In its quest to take on Amazon, Walmart is going wide with its new grocery delivery service, Delivery Unlimited. Engadget

8K Okay: Based on the rapid adoption rate of 4K TVs, 8K sets could account for as much as 50 percent of the market by 2023, according to chip developer V-Silicon. TWICE

Going, going… Sears will reportedly shut another 100 or so stores before the year is out, leaving only about 250 Sears and Kmart locations nationwide. USA Today

Color Me Samsung: Samsung brightened up the show floor at this month’s giant IFA tech expo in Berlin with a new line of modular refrigerators. Digital Trends

Dumbing it Down: Best Buy’s private label Insignia line is losing its smarts. The Verge

China Tariffs, Round 2: The consumer electronics industry is bracing for the impact of the latest round of import tariffs that went into effect Sept. 1 and will affect $52 billion worth of smartwatches, desktop computers, digital cameras and other finished goods. CNBC

Time Is On Our Side: The success of Best Buy’s new rent-to-own program, as reported during its second-quarter earnings call, suggests that fears a short-term recession may be unwarranted. Yahoo! Finance

Apple of My Eye: A new third-party repair program from Apple provides a way for independent businesses to share in the iPhone’s rich rewards. Dealerscope

Let the Good Times Roll: U.S. consumer confidence has climbed to the highest level in almost 19 years, the Conference Board reported. Bloomberg

Holiday Blues: Amid robust consumer confidence, Wells Fargo is forecasting a weaker-than-expected holiday selling season. Market Realist

Whistle While You Work: Indeed, the online search engine for jobs, has compiled a list of the Top 50 best places to work and determined what they all have in common. Indeed

Brick-and-Mortar’s Might: Target’s strong second-quarter results and record stock price prove that “stores are still important,” one analyst observed, amid what CEO Brian Cornell described as “a very stable and healthy consumer environment.” StarTribune

Wayfair Drops Anchor: Online home fashions merchant Wayfair has opened its first permanent brick-and-mortar store. Curbed

Pillow Talk: Bedding resource Malouf moved beyond its traditional mattress and accessories lineup at this month’s furniture market in Las Vegas. Malouf

The Great Outdoors: There’s still time left in the summer season for outdoor kitchen sales. NKBA

Bargain Hunters: U.S. consumers are more value- and convenience-conscious than ever, as reflected in the latest chain-store sales tallies. Morningstar

Mattress Miasma: Experts estimate there are now approximately 175 bed-in-a-box companies vying for direct-to-consumer dollars, and shoppers may have trouble telling them apart. CNBC