No longer just a nest at the end of the day, home has also become a workplace, school, refuge - or pandemic prison - around the clock.
A: What a crazy time to join the company. But you have to turn these things into lemonade. We were going to go through a massive transformation, so it was a great time to get engaged. The company was ripe for change across the board. This has been a huge opportunity to reinvent an iconic brand.A: The first thing we did was to look at liquidity, not knowing how long this crisis was going to go on. We worked out the math and knew we had a long runway of being stable.
Whether in one-bedroom apartments or big suburban homes, we have seen a lot of tailwinds for our business: big-ticket purchases like home offices, new sofas, dining-room tables. Discretionary spending on the home is here to stay, because it is where people feel safe and comfortable, and they want to express themselves.A: It has been an interesting progression. What we saw at first were cleaning products, vacuum cleaners, hand sanitizers, those kinds of basic essentials.
It always astonishes me how much crap they fit inside their stores
I’m surprised this store has survived this long
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