Doug Townsend named president of Magnussen Home Furnishings
Industry veteran will work with owner and CEO Nathan Cressman on sales and operational strategies that support the company’s continued growth HIGH POINT — Industry …
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.
Additional supplier-issued communications aim to calm retailer concerns about tariffs
Some are touting their hold on prices, along with available inventory in domestic warehouses, while others continue to promote their made-in-USA capabilities HIGH POINT — …
CIN Week 5 offers deep dive into demand for higher-end furniture
Survey identifies which consumers are looking to trade up to more expensive products and what types of furniture they are looking to purchase HIGH POINT …
March housing starts, completions rise from March 2024
Year-over-year issuing of building permits falters slightly according to figures released by the US Department of Commerce Thursday WASHINGTON — March housing starts and housing …
Hooker Furnishings reports 8% increase in Q4 sales
Company also reports net losses for the quarter and the full year tied to inventory write downs, bad-debt expenses and restructuring costs MARTINSVILLE, Va. — …
Universal to shift domestic upholstery production from Conover to Hildebran, North Carolina
HILDEBRAN, N.C. – Universal Furniture announced that it is moving its domestic upholstery manufacturing operations from Conover to Hildebran by the end of this year …
March furniture store sales rise 7.7% from March 2024
This marks the 8th straight gain for the furniture segment as some consumers are buying products before tariffs take effect WASHINGTON — Year-over-year furniture store …
Theodore Alexander will not move into new showroom in design district in time for market
Because of permitting and construction-related delays, the company instead will show in its former space at 229 Russell Ave. for one last market HIGH POINT …
Tariff uncertainty could stall new product commitments at market
Many likely will wait until tariffs become final sometime in early July before placing orders HIGH POINT — As with the manufacturing/supply side of the …
Linon acquisition of Coast to Coast Imports aims to bolster company’s accent line
CEO Jim Ziozis tells Home News Now that this also will provide dealers with a mix of high-value, tariff-free items that are in stock and …
