Industry resources react to prospect of North American tariffs
Companies that manufacture in Mexico and Canada would face higher costs that could be passed along to consumers WASHINGTON — The imposition of additional tariffs …
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.
Lowe’s reports 1.5% drop in Q3 sales
Comparable-store sales fell 1.1% driven by softness in DIY spending, which also was offset by storm-related sales activity MOORESVILLE, N.C. — Home improvement retailer Lowe’s …
Home Depot reports 6.6% increase in Q3 sales
Comparable-store sales in the US decline 1.2% compared with the same period last year ATLANTA — Home improvement retailer Home Depot reported a 6.6% increase …
September furniture orders, shipments decline from September 2023
Year to date, new orders total $19.5 billion, which Smith Leonard Furniture Insights report says is level with the same period last year HIGH POINT …
Interwoven offers strong style, value stories
Attendance, product selection bolster spirits regarding business prospects in the year ahead HIGH POINT — Last week’s Interwoven show here offered a glimpse of the …
Existing home sales rise 2.9% in October from October 2023
Year-over-year gain is first since July 2021, according to National Association of Realtors WASHINGTON — Year-over-year existing home sales rose 2.9% in October, which is …
South Shore recalls 1,200 cribs that pose entrapment hazard
CPSC says spacing between some of the slats is wider than federal safety standard WASHINGTON — Canadian furniture resource South Shore Industries has recalled about …
Dorel Home Furnishings recalls 69,300 wall beds
CPSC says units can detach from the wall, posing an injury hazard to consumers MONTREAL — Dorel Home Furnishings has recalled 69,300 wall beds that …
EQ3 to close its remaining branded U.S. stores in New York City, Norwalk, Connecticut
Company will instead sell to U.S. customers through its e-commerce business and through the design trade and other retail stores NEW YORK — Canadian modern …
Tariff discussions loom large at Interwoven
Companies field questions on the subject during the event but definitive answers are proving to be elusive this early in the game HIGH POINT — …
