Lowe’s reports net income of nearly $7B for fiscal year 2024
Home improvement retailer also reports increase in net income for Q4 exceeding $1B MOORESVILLE, N.C. — Home improvement retailer Lowe’s Cos. reported an increase in …
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.
Smith Leonard: December 2024 furniture orders rise 1% from December 2023
Meanwhile shipments decline 2% during same period, according to latest Furniture Insights report HIGH POINT — New orders for residential furniture rose 1% in December …
Lofty Design Expo introduces US buyers to capabilities of Turkish furniture producers
Event showcases a wide mix of upholstery and case goods mostly from Turkey but also from Brazil and China MIAMI — The recently concluded Lofty …
Arhaus earnings conference call lends insight into short- and long-term growth initiatives
Retailer plans $90 million to $110 million in capital expenditures this year compared with $66 million in 2024 BOSTON HEIGHTS, Ohio — One of the …
Home Depot reports increase in Q4, full fiscal year ’24 sales
Company said results exceeded expectations as consumers continued their spending on home improvement projects ATLANTA — Home improvement retailer Home Depot reported an increase in …
Trump administration imposes 25% tariffs on Mexico and Canada
Meanwhile, an additional 10% tariff is being placed on China, effectively doubling the rate imposed last month WASHINGTON — In a move that will have …
CPSC announces recall of 3,300 China-made chests sold on Amazon
Agency said units violate the performance, labeling requirements of the STURDY Act and pose a tip-over and entrapment hazard WASHINGTON — The United States Consumer …
Study offers insight into home improvement spending by state
Hawaii and California rank high on survey, followed by Massachusetts, New Jersey and New York in the Top 5 PORTLAND, Ore. — Research by a …
Sejov recalls 900 clothing storage units that pose tip-over hazard
CPSC said units violate the performance and warning label requirements of the STURDY Act WASHINGTON — A Chinese manufacturer that does business in the U.S. …
Arhaus reports Q4, full-year financial results
Lifestyle retailer’s full-year revenues once again exceed $1 billion BOSTON HEIGHTS, Ohio — Lifestyle retailer Arhaus Inc. reported a slight increase in Q4 revenue and …
