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 …
Category: E-commerce
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 …
2023 — the year in furniture recalls
Numbers from CPSC indicate fewer incidents and injuries last year compared to 2022 HIGH POINT — As 2023 came to a close, we took the …
E-commerce resource Eureka Ergonomic looks to grow with brick-and-mortar retailers
Manufacturer hires Josh Carter as VP of sales to expand B2B distribution LA MIRADA, Calif. — As part of an effort to expand its footprint …
Karat Home completes acquisition of Z Gallerie assets
Purchase includes lifestyle retailer’s intellectual property and assets to support its e-commerce business FORT WORTH, Texas — E-commerce furniture platform Karat Home has completed its …
Wayfair to reduce its global workforce by 13%
Move will result in 1,650 layoffs, save company $280 million a year BOSTON — Wayfair is reducing its global workforce by 13%, a move that …
