Bassett outlines retail strategy heading into 2023
Latest quarterly report illustrates the strength and positioning of company’s retail segment now and in the months ahead BASSETT, Va. — In its latest results …
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.
CIN regional report No. 3 provides further insights into consumer wants and needs
HIGH POINT — With our Consumer Insights Now research, we have seen some common themes emerge in terms of what people are looking to buy …
Luxfort Home brings motion functionality to bedroom
Company incorporates elements of power motion upholstery into a brand new category — power beds HIGH POINT — Power motion furniture manufacturer Luxfort Home is …
Jackson Catnapper reduces surcharges
HICKORY, N.C. — Jackson Catnapper is among the latest companies in the industry to reduce surcharges. In a Sept. 29 letter to dealers, the upholstery …
Wisconsin elected officials seek investigation into Man Wah’s business practices
WASHINGTON, D.C. — Three Congressional representatives have sent letters to federal agencies requesting an investigation into the business practices of motion furniture manufacturer Man Wah. …
STURDY passes U.S. Senate
WASHINGTON, D.C. — Legislation to prevent tip-overs of clothing storage units cleared a major hurdle yesterday evening when the STURDY (Stop Tip-overs of Unstable Risky …
Executive Q&A – Alex Reeves, president, Craftmaster Furniture
TAYLORSVILLE, N.C. — Earlier this month, upholstery manufacturer Craftmaster Furniture named Alex president, succeeding CEO Roy Calcagne once he retires at the end of the …
Foundry 39 to show at October High Point Market
Brand debuts independently from Conrad Grebel line sold to LJ Gascho last year GOSHEN, Ind. — The founder of Amish case goods manufacturer Conrad Grebel …
Lastick Furniture closing after nearly 50 years
POTTSTOWN, Pa. — After nearly 50 years in business, retailer Lastick Furniture & Floor Coverings is closing its doors as the owners retire from the …
Bassett reports increases in Q3 sales, earnings
Double-digit gains in retail, upholstery sales drive business during the quarter BASSETT, Va. — Bassett Furniture Industries reported consolidated net sales of $118 million for …
