Designer-driven custom orders fuel Havertys’ business in tough times
Special-order business during Q3 was up 47% from last year, driving higher average tickets ATLANTA — Like many in the industry, HNN 125 retailer Havertys …
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.
John-Richard more than doubles capacity in Vietnam
Company moved into new facility earlier this fall and has begun production of its case goods and upholstery line HO CHI MINH CITY, Vietnam — …
Havertys Furniture getting back into outdoor furniture segment
Retailer initially expects to carry the line in 51 of its 123 stores starting in December ATLANTA — HNN 125 retailer Havertys Furniture is getting …
Dorel reports 3.9% decline in Q3 sales
Company also narrows its adjusted net loss to $10.4 million, from $34.7 million last year MONTREAL — Dorel Industries reported a 3.9% decline in revenues …
Some industry players prepare for a rebound post-recession
Aggressive product introductions, store openings offer the potential to gain market share for those willing to take the risk HIGH POINT — Few would describe …
Wayfair conference call highlights key areas of its success
Customer loyalty is a strong suit and one that the company can nurture moving forward BOSTON — A key message in Wayfair’s latest earnings report …
Dufresne Spencer Group opens Worth & Co. in Houston
HOUSTON — Ashley licensee Dufresne Spencer Group has opened its new flagship luxury lifestyle furniture store Worth & Co. here as part of an effort …
Arhaus reports 1.9% increase in Q3 net revenues
Company also reports growth in store footprints with 2 new showrooms opening in Florida and New York this month and 3 new California showrooms opening …
Havertys Furniture reports drop in Q3 revenues, earnings
However, the retailer remains profitable, with an increase in gross profit margins that rose to 60.8% compared to 57.1% last year ATLANTA — Havertys Furniture …
GigaCloud completes acquisition of Noble House Home Furnishings LLC
Purchase aims to bolster GigaCloud’s portfolio and position in the global furniture industry LOS ANGELES — GigaCloud Technology, which specializes in AI-enabled furniture sourcing and …
