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Pending home sales fall .9% from September 2024

Year-over-year and monthly activity rises in the Northeast and South, but falls in the Midwest and West WASHINGTON — Pending home sales fell .9% from…

Home Décor / Home Fashion / Home News Now / Manufacturing / Mergers and acquisitions / Strategic partnerships / Up Close

A look back at private equity investments in the furniture industry

The American furniture business was built by families — craftsmen who measured success in legacy, quality and relationships, not quarterly earnings. Over time, private equity…

Hires and promotions / Home News Now / Markets / People / Up Close

Magnussen Home names Page Wilson senior VP, strategic accounts

HIGH POINT — Magnussen Home has named industry veteran Page Wilson senior vice president of strategic accounts, a new position. Page Wilson He comes to…

Home Décor / Home Fashion / Home News Now / Interior Design / Retail / Up Close

Havertys reports 10.4% increase in Q3 sales

Total written business rose 10% and same-store written business rose 8% for the quarter ended Sept. 30 ATLANTA — Havertys Furniture reported a 10.4% increase…

Featured / Home News Now / Markets / Retail

Existing home sales rise 4.1% from September 2024

Sales also rise 1.5% from August, suggesting a rebound in the housing market WASHINGTON — Bolstered by lower interest rates, existing home sales rose 4.1%…

Home News Now / News Releases / Retail

Richard Haux Jr. retires from Mor Furniture after 44 years

SAN DIEGO, Calif.  — Mor Furniture has announced that CEO Richard “Rick” Haux Jr. retired from the company after a distinguished 44-year career, effective Oct. 31. Under…

Brian Carroll / Education / Featured / Home News Now / Retail

As The (Legal) World Turns: A litigation update

To those who breathlessly await updates in the Franchise Group-B. Riley-Prophecy Asset Management-American Freight-Buddy’s Home Furnishings-Conn’s-Badcock Home Furnishings-Brian Kahn-Bryant Riley soap opera, a thousand apologies.…

Home Décor / Home Fashion / Home News Now / Interior Design / Retail / Up Close

Havertys reports 10.4% increase in Q3 sales

Total written business rose 10% and same-store written business rose 8% for the quarter ended Sept. 30 ATLANTA — Havertys Furniture reported a 10.4% increase…

Hires and promotions / Home Furnishings Markets / Home News Now / In Brief / Marketing / People

Kelly Cassady joins Cassady Closeouts as director, sales and marketing

NAGS HEAD, N.C. — Cassady Closeouts, a leading supplier of overstocks, closeouts, special buys and bankruptcies, has appointed Kelly Cassady as the company’s new director…

Home News Now / In Brief / People / Supply chain logistics

Legacy Classic | Modern promotes Courtney Cole to VP, merchandising operations, strategy and business analytics

HIGH POINT — Legacy Classic | Modern has promoted Courtney Cole to vice president, merchandising operations, strategy and business analytics. Courtney Cole She has been…

Home Décor / Home Fashion / Home Furnishings Markets / Home News Now / International / Supply chain logistics / Up Close

Green River Group creates US holding company for brands it acquired last year

Green River Brands includes case goods specialist HH2 Home and motion upholstery resource Vogue Home HIGH POINT — Asia furniture manufacturer Green River Group is…

Home News Now / International / Manufacturing / Supply chain logistics / Up Close

IHFRA voices concerns about tariffs to President Trump

HIGH POINT –– The Independent Home Furnishings Representatives Association, which represents over 1,500 independent sales professionals across the U.S., has formally submitted a letter to…

E-commerce / Featured / Home News Now / Regulatory / Supply chain logistics

More than 119,200 additional clothing storage units recalled since mid-October

CPSC says units do not meet the requirements of the STURDY Act and thus pose a danger to children and others WASHINGTON — In the…

Featured / Home News Now / Regulatory / Supply chain logistics

Explaining the new rule on truck drivers and what it means for the industry

A short time ago, Home News Now reported on a dramatic move aimed at improving roadway safety announced by U.S. Transportation Secretary Sean P. Duffy,…

Featured / Home Furnishings Markets / Markets / Products

High Point product highlights

From dining tables to elegant credenzas and sleek sofas, High Point Market is offering attendees a wide variety of furniture with unique styles and on-trend…

Design trends / Home Décor / Home Fashion / Home Furnishings Markets / Home News Now / Products / Up Close

Products seen at premarket in September

Home News Now spent several days last month in downtown High Point, where we visited a number of showrooms open for the Sept. 15-16 premarket.…

Home News Now / News Releases / Retail

Richard Haux Jr. retires from Mor Furniture after 44 years

SAN DIEGO, Calif.  — Mor Furniture has announced that CEO Richard “Rick” Haux Jr. retired from the company after a distinguished 44-year career, effective Oct. 31. Under…

Home News Now / Marketing / News Releases / Supply chain logistics

Meridian Furniture to exhibit at BDNY hospitality show Nov. 9-10

NEW YORK — Meridian Furniture, a fast-growing brand known for its broad line of affordable, high-style designs, will be exhibiting at BDNY, the leading trade…

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