New Classic acquisition will boost GigaCloud’s connection to brick-and-mortar retail
Company founder, chairman and CEO Larry Wu explains what the purchase will mean for the company and its customers EL MONTE, Calif. — E-commerce and …
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.
Jacksonville Furniture Mart names Sarah Cantor president
JACKSONVILLE, Fla. — Sarah Cantor has been named president of retailer Jacksonville Furniture Mart, marking yet another milestone in her more than 30-year career at …
Cary Benson returns as president and CEO of Palliser
Executive assumes a role he held previously from 2010 to 2017 WINNIPEG, Manitoba — Upholstery manufacturer Palliser has named industry veteran Cary Benson president and …
Greenland controversy puts some European countries in the tariff crosshairs
How this issue impacts furniture depends on the degree to which each country exports to the US WASHINGTON — The latest tariff threat against European …
New and existing home sales data is good news for the furniture industry
Both segments show growth, although pricing appears more competitive in new construction as builders offer incentives to move product WASHINGTON — The latest figures in …
E-commerce sales remain strong through 3rd quarter
Strength in segment creates challenges, opportunities for retailers in the year ahead and beyond WASHINGTON — E-commerce sales rose in the third quarter compared to …
For Feb. 6 – SouthWorth Capital Management purchases American Furniture Manufacturing assets, brands
Acquisition includes Peak Living, Independent Furniture Supply, Delta Furniture Manufacturing and Southern Fibers MEMPHIS, Tenn. — Financial services specialist SouthWorth Capital Management has acquired American …
Urban Barnwood Furniture rebranding as Arista Wood
Name change reflects a broad mix of styles and wood species in its solid wood line SUGARCREEK, Ohio — As part of an effort to …
GigaCloud names 2 industry veterans to sales leadership positions
EL MONTE, Calif. — GigaCloud Technology has named industry veterans — Michael Pitman and Scott Hill — as vice presidents of sales, effective immediately. The …
New home sales rise nearly 19% from October 2024
Median sales prices also fell 8% in the same period, offering buyers more affordable options WASHINGTON — Sales of newly built single-family homes rose 18.7% …
