Doug Rozenboom named CEO of Worthen Furniture
Executive is also an equity partner and board member at the manufacturer of iron beds and other furniture RICHMOND, Va. — Industry veteran Doug Rozenboom …
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.
Consumer confidence rises in December
Buying plans for big-ticket items such as autos, homes and appliances also rose as consumers believe interest rates will stabilize WASHINGTON — Consumer sentiment about …
2023 was not an easy year for the furniture industry. Will 2024 be any better?
Issues ranging from tip-over regulations to closings and bankruptcies created both challenges and opportunities HIGH POINT — The year 2023 started with one of the …
CIN research shows (low) pricing remains a critical driver of most home furnishings purchases
Survey on buying plans for the second half echoes a familiar theme: Consumers don’t want to pay a lot for their furniture HIGH POINT — …
Karat Home seeks to buy Z Gallerie e-commerce assets
Court hearing for proposed sale is planned for Dec. 28 HACKENSACK, N.J. — Karat Home, a home textile and furniture e-commerce company based in Texas, …
Decline in existing home sales slows
7.3% year-over-year decrease in November is the lowest recorded by the National Association of Realtors so far this year WASHINGTON — Existing home sales fell …
Year-over-year housing starts, residential building permits rise in November
Housing completions fall in November compared to 2022, but rise 5% over October WASHINGTON — Housing construction appeared to begin making a turnaround in November …
Tip restraint recall expected in early January 2024
Millions of tip kits are being recalled because they can become brittle and break, posing a tip-over hazard on clothing storage units HIGH POINT — …
Chaddock receives $200K grant from NC Department of Commerce
Company will use money toward $952K in plant improvements that continue to elevate the work environment for its employees MORGANTON, N.C. — Luxury furniture manufacturer …
Conn’s reports 12.8% drop in consolidated fiscal Q3 revenues
Same-store sales decreased 15% during the quarter ended Oct. 31 THE WOODLANDS, Texas — Retailer Conn’s Inc. reported a 12.8% drop in consolidated sales and …
