Havertys earnings call offers insights into its growth trajectory
Highlights include an increase in its designer business and average ticket, plus new stores planned to open this year ATLANTA — In its latest earnings …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
Home construction activity slows compared with December 2024
The good news is that activity in all 3 major areas was up compared with November, suggesting a seasonal rebound in some parts of the …
CPSC announces recall of more clothing storage units sold on Amazon
Soowery 6-drawer dressers are unstable if not anchored to the wall, posing a tip-over hazard that can harm children WASHINGTON — The United States Consumer …
Home Depot finishes year strong with a 3.2% increase in annual sales
Company attributes Q4 sales decline of 3.8% to 1 less week in the quarter compared with the same period a year earlier ATLANTA — Home …
Latest global tariff announcement adds more uncertainty to global trade
Tariff remains in effect for 150 days and can be extended with Congressional approval WASHINGTON — Almost as soon as businesses began to cheer the …
Latest homebuilder survey notes affordability remains a concern
While many builders are using incentives/price reductions, NAHB notes that many prospective homebuyers remain on the sidelines WASHINGTON — Builder confidence for residential construction fell …
Industry reacts with caution to Supreme Court ruling on tariffs
Officials say they are not taking any specific measures regarding pricing until they know what actions the Trump administration may take next on tariffs WASHINGTON …
Furniture stores manage slight 12-month gain in 2025
However, larger macro economic factors such as tepid housing sales and high tariffs likely stalled consumer spending in the segment WASHINGTON — Recently released retail …
Magnussen Home seeks to improve service, availability from Asia, US warehouses
Case goods resource is expanding its temperature-controlled Vietnam warehouse, relocating its longtime US facility to the East Coast HIGH POINT — In order to improve …
CPSC issues warning regarding defective tip restraints
Plastic units aimed at anchoring clothing storage units to the wall can break over time WASHINGTON — The U.S. Consumer Product Safety Commission has issued …
