Southern Motion, Fusion Furniture trim workforce to match lower demand
PONTOTOC, Miss. — The parent of Southern Motion and Fusion Furniture said it laid off about 280 workers this week now that furniture demand has …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Exclusive Furniture preps for Houston store No. 8
But future growth plans slow amidst economic uncertainty HOUSTON — With a little help from its utility company, Exclusive Furniture will open its eighth store …
Is there a silver lining to interest rate hike?
Now may be the opportune time for the industry to take an aggressive marketing approach Last week’s announcement of the largest interest rate hike by …
Survey shows consumers can use some confidence in updating their homes
A big part of our industry is forecasting and shepherding in home furnishings trends — and ushering out those that have grown a little tired. …
Jury awards Raffel Systems $106.8M for Man Wah’s alleged stealing of intellectual property
Cap on punitive damages may place actual award at just over $11 million GERMANTOWN, Wisc. — A federal jury has awarded Germantown-based Raffel Systems nearly $107 …
Legislation aims to curb China’s use of forced labor
Effective this month, the Uyghur Forced Labor Prevention Act will monitor goods made in the Xinjiang Uyghur Autonomous Region CHARLOTTE, N.C. — A recent alert …
Costs mount for Stanley Furniture deferred compensation plan
Company owes nearly $900K to former execs who had part of their pay deferred for retirement HIGH POINT — The amount that Stanley Furniture owes …
DOC: Furniture stores sales climb 1.9% in May
The industry trails most sectors except those of other big tickets WASHINGTON — U.S. furniture and home furnishings store sales increased 1.9% in May from …
Indoor furniture resources test the waters in outdoor furniture
Many are optimistic about their prospects in the category given the growing popularity of outdoor living spaces HIGH POINT — For some indoor furniture resources, …
Slowing demand exacerbates retailers’ cash-flow problems
Now some furniture retailers are further imperiled by high-interest loans ENFIELD, Conn. — The cash-flow crisis that Planned Furniture Promotions Tom Liddell has been warning …
