Smith Leonard: Furniture orders, shipments up from September 2024
Furniture Insights survey shows September orders for residential furniture rose 7% and shipments rose 6% from same period last year HIGH POINT — New orders …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Retail remains a core part of La-Z-Boy’s strategy
Planned divestiture of non-core businesses allows company to focus on marketing its own brand, which includes expanding its store footprint MONROE, Mich. — Industry observers …
FRG-AF Newco battle keeps escalating
And American Signature closeout company defends against concerns about family ties It has been a busy week on the courts beat, so plenty to get …
American Signature bankruptcy: The ties that bind
WILMINGTON, Del. — The much-anticipated bankruptcy of American Signature looks straightforward, and it has been reported as such. A company that boomed during Covid — …
Hooker Furnishings agrees to sell Pulaski, Samuel Lawrence to Magnussen Home
The 2 companies, part of Home Meridian International, were acquired by Hooker Furniture in 2016 HIGH POINT — Case goods resource Hooker Furnishings has entered …
Furniture retail sales growth slows in September
Reported 1.2% gain is the lowest percentage monthly year-over-year increase so far this year WASHINGTON — Furniture store sales rose again in September, albeit at …
Somnigroup International proposes to acquire Leggett & Platt
LEXINGTON, Ky. — Somnigroup International Inc. today announced that it submitted a proposal to the board of directors of Leggett & Platt Inc. to acquire …
Homebuilder confidence remains in negative territory
Also, 41% of builders reported cutting prices, a record high, according to the NAHB WASHINGTON — While the government shutdown has ended, other economic uncertainty …
Black Friday spells opportunity for furniture retailers
With the official start to the holiday shopping season upon us, furniture stores around the U.S. continue to capitalize on yet another holiday sales event …
American Signature files Chapter 11 bankruptcy
COLUMBUS, Ohio — Retailer American Signature, the parent company of American Signature Furniture and Value City, has filed for Chapter 11 bankruptcy protection, marking the …
