CIN research addresses effect of interest rates on furniture sales
Current mortage-rate levels appear to be having a bigger impact on the purchase plans of younger versus older consumers HIGH POINT — There’s been a …
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.
1,250 GhostBed mattresses recalled because of violation of federal flammability regulations
US Consumer Product Safety Commission says the units violate smoldering ignition requirements, posing a fire hazard to consumers WASHINGTON — Bedding manufacturers Innovative Bedding Solutions …
Crate & Barrel recalls 3,320 cribs in US and Canada because of possible fall hazard
Consumers have reported a dozen instances where mattress support pins have become loose NORTHBROOK, Ill. — Lifestyle retailer Crate & Barrel has recalled more than …
Ethan Allen reports declines in fiscal Q3 revenues amid ongoing retail slowdown
However, the company remains profitable with net income of $13 million during fiscal 2024 3rd quarter ended March 31 DANBURY, Conn. — Ethan Allen Interiors …
Theodore Alexander USA to consolidate operations in Trinity, North Carolina
Company is moving manufacturing, administration and distribution to 200,000-square-foot former United Furniture plant during 2nd and 3rd quarters TRINITY, N.C. — Luxury furniture manufacturer Theodore …
The ebb and flow of furniture markets
A strong market for some often ends up being a bad one for others HIGH POINT — It’s often hard being the messenger in this …
Occasional category has strong showing at High Point Market
Cocktail, end table and sofa table groups, plus entertainment units and accent pieces, continue to help elevate the living room segment in style and functionality …
Existing home sales fall 3.7% in March
Year-over-year sales fell in all 4 regions of the US WASHINGTON — Year-over-year existing home sales fell in March with all four regions of the …
TD Bank market survey: Nearly half of respondents concerned about economy
However, nearly 40% anticipate spending on home furnishings to increase in the 2nd half HIGH POINT — A survey by TD Bank at the recently …
In memorium: Albert A. Sandberg
Longtime executive at Sandberg Furniture remembered as a ‘leader, mentor and true gentleman‘ BALBOA ISLAND, Calif. — Albert A. Sandberg, a longtime furniture manufacturing executive …
