Study says tariffs will impact new-home construction costs
Cost of imported steel, copper, drywall and lumber expected to raise prices significantly BIRMINGHAM, Ala. — Tariffs are expected to add significantly to the cost …
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.
Hooker Furnishings announces tariff- and shipping-related price increases
Average price adjustments ranging from 5% to 7% take effect on select categories and products Aug. 1 MARTINSVILLE, Va. — Hooker Furnishings has alerted customers …
What ever became of Standard Furniture?
One of the largest full-line furniture resources in the market has been fully absorbed under the umbrella of sister company Albany Industries BAY MINETTE, Ala. …
Housing construction activity falters from June 2024
Building permits, housing starts and housing completions are all down from last year, while permits and housing starts are up from May WASHINGTON — June …
Home builder confidence rises slightly in July
Monthly reading still is below 50, which signals that fewer builders view conditions as good versus poor WASHINGTON — Confidence among residential builders regarding future …
Bexco recalls 9,030 recliner and swivel gliders because of overheating hazard
USB charging ports in the arm of the units can overheat and spark, potentially causing injury to consumers WASHINGTON — The United States Consumer Product …
Bob’s Discount Furniture COO Ramesh Murthy discusses retailer’s biggest expansion yet
In this interview with Home News Now, the exec shares the strategy behind the move and how it positions the company to better serve its …
How will Dorel Home succeed moving forward?
Recent financials show depth of challenges and opportunities the company has now and in the future in its residential furniture segment CORNWALL, Ontario — When …
Craftmaster Furniture names Sandi Mowry, VP merchandising
TAYLORSVILLE, N.C. — Upholstery manufacturer Craftmaster has appointed industry veteran Sandi Mowry vice president of merchandising. She comes to the company from Hooker Furnishings, where …
Furniture store sales rise 4.5% from June 2024
Consumer spending continues to hold up amid slow housing market and concerns over tariffs WASHINGTON — Furniture store sales rose 4.5% from June 2024, continuing …
