Trade court ruling offers window into efficiency, speed of tariff refunds
Issue is multifaceted as retailers and consumers also have borne some of those added costs WASHINGTON — A determination that businesses are owed refunds on …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Lilola Home sees growth opportunities with new business initiatives
Company recently opened a new warehouse and showroom and also has doubled the size of its sales force to further penetrate key markets in the …
Prepac announces plans to close, lay off 200 from its Whitsett, North Carolina, plant
WHITSETT, N.C. — Canadian RTA manufacturer Prepac Manufacturing plans to cease operations at its 250,000-square-foot plant here, a move that will impact some 200 workers. …
American Home Furniture Chapter 11 highlights challenges of running a brick-and-mortar business
Retailers face ongoing competition, particularly against e-commerce players with fewer expenses including physical stores to run ALBUQUERQUE, N.M. — With its Chapter 11 bankruptcy petition filed …
US Court of International Trade rules in favor of tariff refunds
The Trump administration is ordered to refund $130 billion in duties WASHINGTON — In the home furnishings industry, tariffs have always been part of doing …
Furniture Insights report notes orders up slightly, shipments flat from December 2024
For the full year, there was no significant change in either orders or shipments compared to calendar year 2024 HIGH POINT — New orders for …
Etsy’s Q4, full-year earnings report offers a window into company’s success
With $2.8 billion in annual revenues, company is clearly taking market share from other retailers including those in the home furnishings space BROOKLYN, N.Y. — …
Buddy Mac bankruptcy sale still facing hurdles
Former Big Lots becoming an ICE detention center? DALLAS — Although the bankruptcy court here has approved the sale of what’s left of Buddy Mac …
Lowe’s reports increase in Q4, full fiscal year sales
4th-quarter sales rose 1.3% from prior year and full-year sales rose 3.1% MOORESVILLE, N.C. – Home improvement retailer Lowe’s reported increases in Q4 and full-year …
Latest Consumer Confidence report offers insights into planned furniture spending
Consumers appear ready to make big-ticket purchases for the home and that could accelerate given recent developments around the world, including the war in the …
