Lifestyle Enterprise acquires former US Post Office Building in downtown High Point
After 20 years, the full-line furniture resource is moving from its former Forbidden City showroom in time for October High Point Market HIGH POINT — 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.
Domestic wood manufacturers poised for tariff-related growth
20% tariffs on Vietnam could create some additional demand for US-made furniture HIGH POINT — Domestic case goods manufacturers are optimistic that a spike in …
CPSC announces recall of 2,700 mattresses sold on Amazon
While no incidents or injuries have been reported, the agency said recalled units violate mandatory flammability standard for mattresses SEATTLE — The U.S. Consumer Product …
Wayfair reports highest revenue growth and profitability since 2021
E-commerce giant reports net income of $15 million, compared with a net loss of $42 million the same period last year BOSTON — In what …
Trump administration sets tariffs for countries around the world
Larger furniture-producing countries have rates ranging from 15% to 25% WASHINGTON — In a move that potentially puts to rest some uncertainty regarding future pricing, …
Pending home sales decline 2.8% from June 2024
There also was a .8% decline since May, indicating some potential buyers may be skittish about moving despite a high level of inventory of new …
David Snipes joins American Woodcrafters as VP, business development
Exec brings nearly 40 years of experience in wood furniture and wood products to his new role in the industry HIGH POINT — Industry veteran …
Havertys reports 1.3% increase in Q2 sales
Company said this is its first year-over-year increase since its 4th quarter of 2022 ATLANTA — Havertys reported its first year-over-year increase in sales since …
Ethan Allen remains profitable amid declines in Q4, full-year revenues
Company reports $12.3 million in net income for quarter, $51.6 million for full year ended June 30 DANBURY, Conn. — Amid a still sluggish housing …
Consumer confidence rises slightly in July
However, there is still concern over tariffs and the impact that could have on prices moving forward WASHINGTON — Driven partly by the sentiments of …
