Dorel Industries reports 5.4% increase in Q1 revenue
Company also narrows net loss by $13.9 million, while also increasing its gross margin through lower freight and raw materials costs MONTREAL — Dorel Industries …
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.
Mattress Firm reports 4.5% decline in Q2 revenues
Retailer also reports a drop in earnings but remains profitable with net income of $19.1 million for the quarter and $28 million for the first …
Beyond reports slight increase in Q1 revenues
Quarterly net loss rises to $74 million, from $10.3 million last year MIDVALE, Utah — Overstock, Bed Bath & Beyond and Zulily parent company Beyond …
Havertys plays the long game with store growth plan
Company’s growing retail network is supported by regional distribution and home delivery centers ATLANTA — Despite a slowdown in consumer spending on home furnishings, Havertys …
Ethan Allen sees consumers ‘returning to the home’
Latest conference call identifies steps company is making to improve business prospects DANBURY, Conn. — Coming out of a challenging winter that also impacted the …
Mark Price returns to Minhas Furniture House
CALGARY, Alberta — Industry veteran Mark Price has returned to upholstery and case goods resource Minhas Furniture House as vice president of sales and marketing. …
American Furniture Warehouse to open 4th Arizona store
Tucson-area store has 122,000 square feet of showroom space and 115,000 square feet of warehouse space TUCSON, Ariz. — Retailer American Furniture Warehouse is opening …
City Furniture’s ‘big bet’ on Tampa
2nd of 5 planned area stores holding grand opening this weekend CLEARWATER, Fla. — When City Furniture opened two 100,000-square-foot stores in Naples and Fort …
J Allen Fabric launching Revive performance fabric line
Line of 51 SKUs will be stocked in Los Angeles and available for immediate shipment LOS ANGELES — Fabric supplier J Allen Fabric is launching …
Havertys reports 18.1% drop in Q1 sales
Ongoing softness in the housing market presents challenges as consumers continue to pull back spending on home furnishings ATLANTA — Retailer Havertys reported a 18.1% …
