Hooker Furnishings reports 8% increase in Q4 sales
Company also reports net losses for the quarter and the full year tied to inventory write downs, bad-debt expenses and restructuring costs MARTINSVILLE, Va. — …
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.
Universal to shift domestic upholstery production from Conover to Hildebran, North Carolina
HILDEBRAN, N.C. – Universal Furniture announced that it is moving its domestic upholstery manufacturing operations from Conover to Hildebran by the end of this year …
March furniture store sales rise 7.7% from March 2024
This marks the 8th straight gain for the furniture segment as some consumers are buying products before tariffs take effect WASHINGTON — Year-over-year furniture store …
Theodore Alexander will not move into new showroom in design district in time for market
Because of permitting and construction-related delays, the company instead will show in its former space at 229 Russell Ave. for one last market HIGH POINT …
Tariff uncertainty could stall new product commitments at market
Many likely will wait until tariffs become final sometime in early July before placing orders HIGH POINT — As with the manufacturing/supply side of the …
Linon acquisition of Coast to Coast Imports aims to bolster company’s accent line
CEO Jim Ziozis tells Home News Now that this also will provide dealers with a mix of high-value, tariff-free items that are in stock and …
Chad Spencer named CEO of Ashley Global Retail
TAMPA, Fla. — Chad Spencer, the longtime chief executive of Ashley licensee Dufresne Spencer Group, has been named chief executive officer of Ashley Global Retail, …
Kuka Home announces staff promotions, new hire
Moves aim to bolster company’s marketing, product development and merchandising efforts HIGH POINT – Upholstery resource Kuka Home has announced several promotions and new hires …
Breaking News: Linon Home Decor acquires assets of accent furniture specialist Coast to Coast
The company said the purchase includes all tangible and intangible business and personal property assets, intellectual property, plus millions of dollars in finished goods inventory. …
How will tariffs affect the April High Point Market?
While many are optimistic given the 90-day reprieve on higher tariffs, reception to new products not hitting retail floors for another 6 months remains an …
