August existing home sales fell 15.3% from last year
All 4 regions of the U.S. posted year-over-year declines according to data from the National Association of Realtors WASHINGTON — August existing home sales fell …
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.
Roland Maddrey joins Digio Leather Sofas as senior VP, sales
HIGH POINT — Industry veteran Roland Maddrey has been named senior vice president of sales at upholstery manufacturer Digio Leather Sofas. He occupies a role …
Louis Shanks closing after nearly 80 years in business
Retailer has been family-owned for its duration, serving as destination for high-end furniture in the Austin, Houston and San Antonio markets AUSTIN, Texas — Luxury …
August housing starts fall 14.8% from last year
YOY building permits also fell 2.7%, while housing completions rose 3.8% from August 2022 WASHINGTON — August housing starts and building permits fell again compared …
Arhaus sets sights on long-term growth
Lifestyle retailer seeks to double its physical store footprint while also boosting market penetration through social media, other marketing initiatives BOSTON HEIGHTS, Ohio — Lifestyle …
Mitchell Gold Co. seeks court permission to release finished goods inventory
Some products are being held up at 3rd-party logistics warehouses, while others are being held at the company’s own distribution facilities TAYLORSVILLE, N.C. — As …
A closer look at how people spend time at home
Latest Consumer Insights Now research explains why upholstery is such an important category among different age groups HIGH POINT — For many in the industry, …
PNC offers rebuttal to Mitchell Gold claims
Document bank files with bankruptcy court also objects to various first-day motions TAYLORSVILLE, N.C. — PNC Bank fired back a rebuttal to a recently filed …
ITC moving forward with latest investigation into mattress imports
Federal agency has determined that domestic producers have been materially injured by alleged unfair pricing tactics of foreign producers in 13 countries WASHINGTON — The …
Man Wah USA moves to former Lane showroom
Company will occupy 80,000-square-foot space, making it one of the largest full-line upholstery showrooms at the High Point Market HIGH POINT — Motion furniture resource …
