La-Z-Boy’s latest earnings call highlights areas of success and opportunity
Company remains steadfast in its approach to retail store development, investing some $19 million in capital expenditures for the segment during its latest quarter MONROE, …
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.
Old Brick Furniture and Mattress promotes Rachael Clark to chief operating officer
ALBANY, N.Y. — Rachael Clark has been promoted to chief operating officer at Old Brick Furniture and Mattress Co., a new position. She has been …
Wayfair reports slight increase in Q4 revenues, narrows net loss
Growth in US revenues offsets decline in international revenues BOSTON — Driven by sales increases in the U.S. market, Wayfair reported a slight increase in …
January housing completions rise 9.8% from January 2024
Meanwhile building permits and housing starts falter during the same period, signaling a possible decline in completions later in the year WASHINGTON — Housing completions …
Crest Leather names Anne-Marie Earl business development manager
HIGH POINT — Industry leather supplier Crest Leather has named Anne-Marie Earl business development manager, a new position. She comes to the company from Ethnicraft, …
Herzog Veneers takes digital wood imaging to the next level
High Point-based veneer supplier has improved its LithoWood process, which reproduces images of hard-to-find, exotic wood species onto mostly maple substrates HIGH POINT — In …
Conference Board offers economic outlook for year ahead
Decreases in residential investment are expected to slow in the 2nd and 3rd quarters WASHINGTON — A recently released economic forecast from The Conference Board …
January furniture store sales rise 3.7% over January 2024
Sector has its 5th year-over-year gain since September 2024, offering a glimmer of optimism for the industry this year WASHINGTON — Furniture store sales continued …
Tariff talk creates ongoing industry uncertainty, disruption
History shows that higher-priced imports only shift production to other low-cost countries HIGH POINT — Anyone keeping up with our newsletter in recent weeks has …
Bellini Modern Living guarantees pricing on orders placed before potential tariffs are implemented
RICHMOND HILL, Ontario — To help retailers mitigate the uncertainty of potential tariffs on Canadian-made products, upholstery and wood furniture resource Bellini Modern Living has …
