Slow housing market impacts Havertys’ Q4, full-year sales, earnings
Design consultants grow in importance to overall sales, representing nearly 32% of written business ATLANTA — Facing an ongoing housing slowdown that has impacted both …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
January existing home sales rise 2% from January 2024
Despite year-over-year gains, rising home prices and affordability remain an issue, particularly for first-time buyers WASHINGTON — January existing home sales rose 2% from January …
La-Z-Boy’s latest earnings call highlights areas of success and opportunity
Company remains steadfast in its approach to retail store development, investing some $19 million in capital expenditures for the segment during its latest quarter MONROE, …
Dorel enters sale-leaseback deal for Columbus, Indiana, plant and warehouse
Proceeds will help reduce debt and finance growth of its juvenile segment and the turnaround of its furniture business MONTREAL — As part of a …
Wayfair reports slight increase in Q4 revenues, narrows net loss
Growth in US revenues offsets decline in international revenues BOSTON — Driven by sales increases in the U.S. market, Wayfair reported a slight increase in …
January housing completions rise 9.8% from January 2024
Meanwhile building permits and housing starts falter during the same period, signaling a possible decline in completions later in the year WASHINGTON — Housing completions …
Herzog Veneers takes digital wood imaging to the next level
High Point-based veneer supplier has improved its LithoWood process, which reproduces images of hard-to-find, exotic wood species onto mostly maple substrates HIGH POINT — In …
Elimination of de minimis provision could have significant implications for industry
Rule allows shipments valued under $800 to enter US duty-free I realize that here in furniture land, all eyes and ears have been focused on …
Evidence mounting of a brick-and-mortar comeback
Exactly one year ago, I wrote of the seeming revivals of malls, train heists and piracy. We’ll call this column Throwback Tuesday, because since mid-February 2024, …
January furniture store sales rise 3.7% over January 2024
Sector has its 5th year-over-year gain since September 2024, offering a glimmer of optimism for the industry this year WASHINGTON — Furniture store sales continued …
