Wayfair reports slight declines in Q2, 1st-half revenues
Retailer also narrows net loss for each period, reporting its ‘best quarter of profitability and cash flow in 3 years‘ BOSTON — Retailer Wayfair reported …
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.
Tough retail environment impacts Ethan Allen Q4, 2024 fiscal year
While company remains profitable, consolidated sales declined 10% during the quarter and 18.3% for the full year DANBURY, Conn. — Amid an ongoing slump at …
Hekman continues to see benefits from domestic wood production
Plant of parent company Howard Miller provides capacity for the US-made portion of its home office segment ZEELAND, Mich. — When Hekman restarted production of …
Lineage Collections opens new warehouse in Asheboro, North Carolina
Facility is larger than its previous operation, giving it space for Lineage and its sister companies ASHEBORO, N.C. — Case goods resource Lineage Collections has …
Grand Rapids Chair Co. recalls 5,670 wood chairs
Consumer Product Safety Commission says units can collapse or break, posing a fall hazard to consumers BYRON CENTER, Mich. — Grand Rapids Chair Co. has …
Report: Sam Levitz Furniture in process of closing stores
TUCSON, Ariz. — Retailer Sam Levitz Furniture is in the process of closing stores according to news reports from local media in the Tucson market. …
SunBelt Furniture Xpress names Chad Clark senior VP and general manager
He fills a role previously held by long-time executive Stan Froneberger, who is retiring, but remains in an advisory role HICKORY, N.C. — Furniture transportation …
Top 30 unsecured creditors owed nearly $100M in Conn’s bankruptcy
Resources range from appliance and electronics giants to furniture and mattress suppliers, showcasing the breadth of its product mix THE WOODLANDS, Texas — The top …
Conn’s files for Chapter 11 bankruptcy
THE WOODLANDS, Texas — Retailer Conn’s HomePlus has filed for Chapter 11 bankruptcy protection, a move that follows its announcement on Tuesday to close 71 …
Conn’s announces closure of 71 locations in 13 states
THE WOODLANDS, Texas — After weeks of rumors and speculation, Conn’s has announced it is closing 71 locations in 13 states. These represent just over …
