Dorel Industries reports Q2, 1st-half 2025 financial results
Despite ongoing challenges, company continues to forge ahead with restructuring plan aimed at returning company to profitability MONTREAL — Dorel Industries reported a 16% drop …
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.
Sales of newly built homes decline 6.6% from June 2024
However, sales edged up .6% from May, offering a glimmer of hope for summer sales activity WASHINGTON — Sales of newly built homes declined from …
NAR report highlights international investment in existing US homes
Association cites 33.2% increase in buyers from other countries buying residential properties in the US between April 2024 and March 2025 WASHINGTON — A recent report …
Blueport Commerce names Jesse Akre SVP, sales and marketing
Executive brings more than 30 years of sales and business development experience to the new position BOSTON — E-commerce platform Blueport Commerce has named Jesse …
Lifestyle Enterprise acquires former US Post Office Building in downtown High Point
After 20 years, the full-line furniture resource is moving from its former Forbidden City showroom in time for October High Point Market HIGH POINT — In …
Domestic wood manufacturers poised for tariff-related growth
20% tariffs on Vietnam could create some additional demand for US-made furniture HIGH POINT — Domestic case goods manufacturers are optimistic that a spike in …
CPSC announces recall of 2,700 mattresses sold on Amazon
While no incidents or injuries have been reported, the agency said recalled units violate mandatory flammability standard for mattresses SEATTLE — The U.S. Consumer Product …
Wayfair reports highest revenue growth and profitability since 2021
E-commerce giant reports net income of $15 million, compared with a net loss of $42 million the same period last year BOSTON — In what …
Trump administration sets tariffs for countries around the world
Larger furniture-producing countries have rates ranging from 15% to 25% WASHINGTON — In a move that potentially puts to rest some uncertainty regarding future pricing, …
Pending home sales decline 2.8% from June 2024
There also was a .8% decline since May, indicating some potential buyers may be skittish about moving despite a high level of inventory of new …
