Existing home sales fall to lowest level since 1995
However, the year-over-year decrease continues to decline overall, with all four regions also posting price increases WASHINGTON — Existing home sales fell again in December, …
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 Design recalls 583,000 upholstered platform beds
Components on the units can break, sag or collapse, posing a fall and injury hazard SILVER LAKE, Ind. — Importer Home Design Inc. has recalled …
Simply Solid Bedrooms to launch solid wood bedroom-in-a-box concept in Las Vegas
Launch aims to provide a small parcel, easy-to-assemble RTA bedroom solution while also solving the problem of deliveries to multi-story apartments, condos and smaller homes …
Napa Furniture returning to Las Vegas Market
Company will show its solid wood line at market for the 1st time in 9 years LAS VEGAS — As it looks to better serve …
Wayfair to reduce its global workforce by 13%
Move will result in 1,650 layoffs, save company $280 million a year BOSTON — Wayfair is reducing its global workforce by 13%, a move that …
Housing construction activity shows improvement in December
Data highlights year-over-year increases in residential building permits, housing starts and housing completions WASHINGTON — Year-over-year housing construction activity saw increases across three major segments …
Furniture store sales fell 4.7% in December from prior year
For the full 12 months, sales fell 5.4% compared to calendar year 2022 WASHINGTON — Furniture store sales were once again one of the worst …
Anti-tip restraint recall is latest challenge for case goods segment
Announcement impacts many more bedroom resources than the 31 listed in the CPSC notice HIGH POINT — Last week’s recall of anti-tip restraint kits produced …
New Classic Furniture hosting 3rd private show in California
Jan. 23-26 event will take place at its corporate headquarters in Fontana FONTANA, Calif. — Case goods and upholstery resource New Classic Furniture is hosting …
Quebec investment group obtains ownership stake in Amisco Industries
Financial partnership between new, existing investors takes root as company prepares for a change in leadership structure this spring MONTREAL, Quebec — Dining and accent …
