MAE report: US furniture exports rose 10.1% in 2022
Mexico and Canada remain the largest markets for US-made products while China and the Middle East continue to falter RICHMOND, Va. — Furniture exports rose …
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.
Existing home sales fell 23.2% in April over last year
Overall sales decreased in all 4 regions of the country, while prices rose in the Northeast and Midwest and fell in the South and West …
Lowering the carbon footprint
SFC Sustainability Tour helps educate buyers about company efforts to make their products more sustainable HIGH POINT — In the world of home furnishings, there’s …
TD Bank survey shows optimism about consumer demand for furniture
70% of those interviewed at market believe furniture purchasing will remain steady or increase in 2nd half HIGH POINT — A survey of retailers attending …
Home Depot Q1 results sound vaguely similar to woes in the furniture industry
President, CEO Ted Decker said 3-year period of unprecedented growth was expected to be followed by a ‘year of moderation’ in 2023 ATLANTA — As …
YOY housing permits, starts drop again in April
Overall number of residential units completed in April rose 1.2% compared to April 2022 WASHINGTON — Year-over-year privately owned building permits and housing starts for …
Cozzia USA expands its reach in health and wellness segment
Company’s path over the past 12 years has made it a leader in the massage chair category as its value story is tied directly to …
YOY April furniture store sales fell 6.4%
Sales also fell .7% from March, further highlighting competition from other areas such as travel and dining out WASHINGTON — Year-over-year sales at furniture and …
Dorel reports declines in Q1 sales, earnings
Softness in consumer demand for furniture, lingering inventory issues, created challenges in the Home segment MONTREAL — Dorel Industries reported a decline in revenues and …
Richloom promotes Michael Saivetz to president
NEW YORK — Textiles manufacturer Richloom has promoted longtime company executive Michael Saivetz to president. He takes on a role that was previously filled by …
