Nexus Capital declaration explains how Big Lots deal fell apart
Delays in the process ultimately revealed a clearer window into the retailer’s financial challenges COLUMBUS, Ohio — Describing a tireless effort over many months to …
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.
Albany Industries names Craig Zielinski president
Longtime company executive Mark Gosnell remains chief executive officer NEW ALBANY, Miss. — Upholstered furniture manufacturer Albany Industries has named Craig Zielinski president, effective immediately. …
Tariff uncertainty looms large over international trade shows
Asian shows typically draw significant attendance from the U.S. market HIGH POINT — With the fall High Point and Interwoven market circuits a distant memory, …
Year-over-year October furniture orders flat, while shipments fell 5%
Smith Leonard Furniture Insights report says new orders in October ended 5 months of yearly declines between May and September HIGH POINT — Year-over-year new …
MotoMotion names 3 execs to MotoSleep adjustable base division
ARCADIA, Calif. — MotoMotion USA has named three new executives to its MotoSleep adjustable base division. Rick Sterzer has been named executive vice president of …
CPSC announces recall of 800 dressers sold at Walmart.com
Agency said that units are unstable if not anchored to the wall and also violate performance, warning-label requirements of STURDY Act WASHINGTON — The U.S. …
PFP promotes Jamie Guyan to vice president
ENFIELD, Conn. — Planned Furniture Promotions Inc. has promoted Jamie Guyan to the role of vice president, effective immediately. In his new position, PFP said, …
Out in the field: A recap of Home News Now’s 2024 travels
One of the best parts of our jobs here at Home News Now is traveling when time allows between deadlines of all sorts, including the …
Year-over-year housing completions rise 9.2% in November
Single-family homes continue to make up the bulk of new housing construction activity WASHINGTON — Year-over-year, housing completions once again rose in November, although at …
November existing home sales rise 6.1% from November 2023
Year-over-year increase is the largest the NAR has reported since June 2021 WASHINGTON — Existing home sales picked up the pace in November, recording their …
