People seen at premarket this week
Every six months, retailers around the country get together about a month before market for a sneak peek at some of the new product that …
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.
An inside look into Consumer Insights Now
In this video interview, Home News Now Editor-in-Chief Tom Russell speaks with HNN research expert Dana French about the initial CIN report published last week. …
Green River Group acquires Abbyson Living, Vogue Home Furnishings
Companies will remain as individual corporate entities and also are expected to retain key executive-level staff HIGH POINT — Asian furniture manufacturer Green River Group …
August existing home sales fall 4.2% from August 2023
Despite a glut of unsold homes, prices continue to rise in all 4 regions of the US WASHINGTON — Existing home sales fell 4.2% in …
Consumer Insights Now research sheds light on 2nd-half planned furniture purchases
Survey shows younger consumers that include Gen Z and millennials could represent nearly 70% of furniture purchases during the period HIGH POINT — Starting Monday, …
Malouf parent CVB Inc. recalls 137,000 platform beds
Beds can break, sag or collapse during use, posing fall and injury hazard to consumers WASHINGTON — A Logan Utah-based importer is recalling 137,000 platform …
Asian Loft moving to new High Point showroom
HIGH POINT — Antique furniture and décor specialist Asian Loft is moving its showroom and setting up a new warehouse in a space formerly occupied …
Will more rate drops be needed to spur housing and furniture sales?
While this week’s 1st interest rate decrease in 4 years is indeed welcome, housing affordability remains a key issue, particularly for younger consumers WASHINGTON — …
August housing completions rise 30.2% over August 2023
Growth in completions and housing starts increase inventory levels as borrowing costs could drop further in light of this week’s 1st interest rate decrease in …
August furniture store sales fall slightly from August 2023
Year-over-year decrease was the smallest since March 2023, when sales fell 1.8% from a year earlier WASHINGTON — Furniture retail sales had their smallest decrease …
