Lowe’s reports fiscal Q4 sales, earnings
Decline in DIY activity, harsh winter weather led to 16.9% drop in overall Q4 sales, 6.2% decline in comp-store sales MOORESVILLE, N.C. — A decrease …
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.
Malouf Home names Ethan Pyrah brand manager
LOGAN, Utah — Bedding and furniture specialist Malouf Home has has hired Ethan Pyrah as its new brand manager. He fills a position that was …
Steve Ambeau named president of Palliser brand
WINNIPEG, Manitoba — Palliser has named Steve Ambeau president of the Palliser brand. He fills a position previously held by President and CEO Peter Tielmann, …
Consumer confidence falls in February
Plans for big-ticket purchases decline amid ongoing concerns about rising interest rates over the next 12 months WASHINGTON — Consumer confidence fell in February, reversing …
Havertys conference call hints at growth opportunities ahead
Success of various initiatives will depend partly on a turnaround of the housing market ATLANTA — As seen by its latest results, Havertys has not …
Gat Creek returning to High Point Market after 4-year absence
Case goods manufacturer will occupy 2,000-square-foot space at 311 N. Hamilton St. BERKELEY SPRINGS, W.Va. — High-end, solid wood case goods manufacturer Gat Creek is …
Chris Pittman named senior VP of sales at Powell, Linon
Company also has hired Ron Holliday as VP of sales for Western US and Canada HIGH POINT — Chris Pittman has been promoted to senior …
Palecek moves High Point showroom to Hamilton Design District
Home furnishings industry style leader relocates after nearly 40 years in International Home Furnishings Center HIGH POINT — Palecek, a manufacturer and wholesaler of furniture, …
Existing home sales are key to driving furniture sales this year — and beyond
First-time buyers could hold the keys to creating some movement in the market HIGH POINT — One of the big issues that most people in …
Andmore: Layoffs won’t impact buyers or the quality of markets
CEO Bob Maricich says that the organization is not cutting back on its overall financial commitment to the markets, including High Point, Las Vegas and …
