Smith Leonard: January residential furniture shipments up 4% from January 2024
New orders were down 3% during the same year-over-year period HIGH POINT — January residential furniture shipments rose 4% from January last year and also …
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.
Bassett reports continued profitability in Q1, despite 5.1% drop in sales
Wholesale segment of business also reports a boost in operating income representing 16.4% of sales BASSETT, Va. — Bassett Furniture reported a 5.1% drop in …
Trump tariffs could hit furniture imports hard
China faces additional 34% tariff, while Vietnam faces 46% rate WASHINGTON — Some of the furniture industry’s largest source countries would be hit with tariffs …
Exit from Savannah warehouse aims to create long-term savings for Hooker Furnishings
Despite initial net charges, company expects estimated annual savings of up to $4.5 million starting in FY 2027 MARTINSVILLE, Va. — Hooker Furnishings expects to …
Uttermost celebrating 50 years of business this year
Incremental growth has created new opportunities, including the launch of outdoor furniture at the upcoming High Point Market Editor’s note: for a video interview with …
Products seen at premarket
HIGH POINT — Last week, Home News Now spent a couple of days visiting showrooms throughout downtown High Point during premarket. The visits gave us …
CPSC announces recall of 220 dressers sold on Wayfair.com
Units pose tip-over, entrapment hazard to children if not properly anchored to the wall WASHINGTON — The United States Consumer Product Safety Commission has announced …
Caracole promotes Jessica Norby to vice president, sales
HIGH POINT — Upholstery and case goods resource Caracole has promoted Jessica Norby to vice president of sales. She has been with the company as …
Arteriors announces tariff-related price adjustment
Average 3% price increase will take effect May 5 LEWISVILLE, Texas — Furniture, lighting and accessories resource Arteriors is implementing a price increase to help …
Monthly pending home sales rise 2% in February
Year-over-year contract signings fall 3.6% in February, with activity declining in all 4 regions of the US WASHINGTON, D.C. — The National Association of Realtors …
