2 recent reports offer opposing views of the economy
Consumer confidence was up significantly in May, while the April Pending Home Sales Index declined 6.3% from March WASHINGTON — Two recent economic reports offer …
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.
CPSC announces recall of 1,900 Aiho chests sold at walmart.com
If not anchored to the wall, these units pose a tip-over hazard that can harm children WASHINGTON — The United States Consumer Product Safety Commission …
Smith Leonard report: March furniture orders, shipments up 1% from March 2024
Two-thirds of survey respondents report increases in year-over-year activity HIGH POINT — Orders and shipments for residential furniture were up slightly in March from a …
Memorial Day receives mostly positive reviews from retailers across the US
Despite the threat of tariffs, consumers appeared eager to take advantage of sales offering big savings across categories HIGH POINT — A number of retailers …
Planned price adjustments aim to help cover cost of tariffs
As tariffs remain in effect pending further court review, the adjustments range from surcharges to price increases HIGH POINT — A number of upper-middle to …
Appeals court grants stay of US Court of International Trade order blocking Trump tariffs
Plaintiffs in case have until June 5 to respond to this motion while the US government has until June 9 . In the meantime, tariffs …
The scene at Interwoven May 2025
HIGH POINT — This past week, Home News Now spent a couple of days downtown visiting a number of showrooms open for this season’s edition …
April existing home sales decline 2% from a year ago
Despite decrease, home prices rise 1.8% to $414,000, an all-time high for the month of April, according to the National Association of Realtors WASHINGTON — April …
CPSC announces recall of 2 clothing storage units that pose tip-over, entrapment hazard
These include 1,293 Rolanstar dressers sold on Amazon and 170 dressers sold on Wayfair WASHINGTON — The U.S. Consumers Product Safety Commission last week announced …
Drew Sweeney joins Hooker Furnishings as VP sales, domestic upholstery
MARTINSVILLE, Va. — Industry veteran Drew Sweeney has joined Hooker Furnishings as vice president of sales, domestic upholstery. He started the role around the April …
