What does the future hold in store for Dorel Home?
During period of lackluster demand for home furnishings, company reveals restructuring effort that will reduce headcount by 5%, generate $6.5 million in savings MONTREAL — …
Category: E-commerce
Beyond acquires assets of e-commerce retailer Zulily for $4.5 million
MIDVALE, Utah — Beyond, Inc., the owner of online retail giants Overstock and Bed Bath & Beyond, has acquired the intellectual property and other brand assets …
Arhaus reports Q4, full-year 2023 results
3.5% decline in Q4 revenues attributed to strong year of shipments of 2022 backlog BOSTON HEIGHTS, Ohio — Lifestyle retailer Arhaus reported decreases in net …
Wayfair reports Q4, full-year 2023 results
Online home furnishings retailer reports slight gains in Q4 revenues, narrows net loss for the quarter and full year BOSTON — Online home furnishings retailer …
Home Depot reports fiscal Q4, full-year results
Quarterly sales of $34.8 billion were down 2.9% from same period last year, while full-year sales fell 3% to $152.7 billion ATLANTA — Home improvement …
Harsh January weather, reduced store traffic impact La-Z-Boy fiscal Q3 sales
Company reports 13% decline in consolidated revenues during the quarter ended Jan. 27 MONROE, Mich. — La-Z-Boy reported consolidated sales of just over $500 million …
January furniture store sales fall 9.8% from last year
Segment posted a 1.5% gain from December, a trend many hope will continue into the months ahead WASHINGTON — Furniture store sales fell 9.8% during …
IHFRA’s John Pinion on the changing role of the independent sales rep
In this latest edition of The Last Word, Home News Now Editor-at-Large Ray Allegrezza interviews John Pinion, chairman of the International Home Furnishings Representatives Association. …
The RoomPlace bankruptcy declaration cites rise in interest rates as a challenge to business
Subsequent decline in housing sales, construction had adverse impact on furniture sales LOMBARD, Ill. — A rise in interest rates that impacted housing sales and …
Top unsecured creditors identified in The RoomPlace bankruptcy
Editor’s note: This story has been updated to reflect a more accurate listing of creditors and amounts owed, most notably those named on the unsecured …
