CPSC announces 2 clothing storage unit recalls
Units are unstable if not anchored to the wall, posing serious tip-over, entrapment hazard WASHINGTON — Two recalls announced by the U.S. Consumer Product Safety …
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.
NAR reports slight drop in pending home sales from February 2025
However, activity rose 1.8% from January, suggesting that closings could pick up in the next 30-60 days WASHINGTON — The National Association of Realtors reported …
Disruptions from war in Middle East could hasten industry price increases this spring
Sources say the price of oil-based materials such as paints, finishes and foam could rise, but of even greater concern are potential hikes in container …
Cost of Housing Index offers insights into housing affordability
Recent study looks at how much pretax income is needed to cover mortgages for new, existing homes WASHINGTON — The latest Cost of Housing Index …
Elements International reaches agreement to sell Style Line Furniture to Jonathan Louis
Sale would include Verona, Mississippi, upholstery manufacturer’s assets including 350,000- square-foot plant and surrounding real estate VERONA, Miss. — Full-line resource Elements International Group LLC …
CNBC/NRF Retail Monitor estimates 3% increase in furniture store sales from February 2025
Segment shows a .27% decline since January, indicating consumers may have been reluctant to put more big purchases on credit cards WASHINGTON — The CNBC/National …
Existing home sales fall 1.4% from February 2025
National Association of Realtors report also says that affordability improved for the 8th straight month WASHINGTON — Existing-home sales declined 1.4% from February 2025, but …
Dorel Industries reduces its net loss for Q4, full-year 2025
Revenue declines tied to downsizing in its furniture segment contributed to overall sales decreases during the quarter ended Dec. 30 MONTRÉAL — Dorel Industries reported …
Trade court ruling offers window into efficiency, speed of tariff refunds
Issue is multifaceted as retailers and consumers also have borne some of those added costs WASHINGTON — A determination that businesses are owed refunds on …
Lilola Home sees growth opportunities with new business initiatives
Company recently opened a new warehouse and showroom and also has doubled the size of its sales force to further penetrate key markets in the …
