Karat Home seeks to buy Z Gallerie e-commerce assets
Court hearing for proposed sale is planned for Dec. 28 HACKENSACK, N.J. — Karat Home, a home textile and furniture e-commerce company based in Texas, …
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.
Decline in existing home sales slows
7.3% year-over-year decrease in November is the lowest recorded by the National Association of Realtors so far this year WASHINGTON — Existing home sales fell …
Year-over-year housing starts, residential building permits rise in November
Housing completions fall in November compared to 2022, but rise 5% over October WASHINGTON — Housing construction appeared to begin making a turnaround in November …
Tip restraint recall expected in early January 2024
Millions of tip kits are being recalled because they can become brittle and break, posing a tip-over hazard on clothing storage units HIGH POINT — …
Chaddock receives $200K grant from NC Department of Commerce
Company will use money toward $952K in plant improvements that continue to elevate the work environment for its employees MORGANTON, N.C. — Luxury furniture manufacturer …
Conn’s reports 12.8% drop in consolidated fiscal Q3 revenues
Same-store sales decreased 15% during the quarter ended Oct. 31 THE WOODLANDS, Texas — Retailer Conn’s Inc. reported a 12.8% drop in consolidated sales and …
Conn’s acquires W.S. Badcock from Franchise Group
Deal will create a store network with more than 550 retail locations and combined revenues of $1.85 billion THE WOODLANDS, Texas — Conn’s Inc. has …
Spectra Home assigns brand to special-order program
Products can flow on mixed containers from China with noncustom products HIGH POINT — Upholstery manufacturer Spectra Home has launched a special-order program aimed at …
Furniture industry ranks low in reshoring report
Higher-tech industries represent lion’s share of employment opportunities with 65% of the total jobs created SARASOTA, Fla. — A recent report from the Reshoring Initiative …
Room & Board recalls 500 bunk beds
Units not assembled correctly with proper screws pose a fall and injury hazard WASHINGTON — Home News Now 125 retailer Room & Board has recalled …
