Havertys, Ethan Allen earnings calls offer reason for optimism in the year ahead
Companies maintain a strong balance sheet, and each has a strong and loyal following in designer-driven business HIGH POINT — The conference calls of two …
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.
Top 50 unsecured creditors in Franchise Group bankruptcy owed more than $64.5M
DELAWARE, Ohio — The Top 50 largest unsecured creditors in Franchise Group’s Chapter 11 bankruptcy are owed more than $64.5 million, according to the initial …
High Point Market product mix aims to drive business in 2025
Home News Now rounds up some key highlights based on what we saw throughout the week HIGH POINT — What some feared might be a …
Product and people seen at October High Point Market
Home News Now got started covering the High Point Market early this season as it headed downtown more than a week before the official opening. …
Wayfair reports 2% drop in Q3 revenues, reduces net loss by more than half
US revenues fall by 2.3% while international revenues remain stable BOSTON — Online home furnishings retailer Wayfair had a 2% drop in revenues and also …
Havertys reports 20.2% decline in fiscal 3rd-quarter revenues
Company remains profitable with net income of $4.9 million for the quarter ATLANTA — Retailer Havertys reported double-digit decreases in consolidated and comparable-store sales amid …
Ethan Allen reports 5.8% decline in Q1 fiscal 2025 revenues
Company remains profitable with adjusted net income of $14.9 million DANBURY, Conn. — Ethan Allen reported a 5.8% decrease in net sales for its first …
Bassett Furniture hires Tony Chivari as senior VP, chief marketing officer
BASSETT, Va. — Bassett Furniture Industries has hired Tony Chivari as senior vice president and chief marketing officer, a new position. He comes to the …
October High Point Market registrations fall 2% from April
Registrations from large retailers were up 3% during the period HIGH POINT — October High Point Market registrations were down about 2% from April, according …
Home News Now, credit experts discuss evolution and state of consumer financing
At the start of the October High Point Market, Home News Now hosted a panel discussion with several executives on the credit side of the …
