6 takeaways from Ethan Allen’s latest earnings call
Digital and other initiatives aimed at boosting efficiencies prepare company for growth in the coming year and beyond DANBURY, Conn. — Like other home furnishings …
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Domestic manufacturing is likely key to Bassett’s long-term success
Growth in designer business, demand for custom products at retail will likely sustain US manufacturing presence moving forward BASSETT, Va. — One of the strengths …
Year-over-year new furniture orders fall 3% in May
Latest Furniture Insights report from Smith Leonard also notes that shipments are down 4% during same period HIGH POINT — New orders for residential furniture …
ChargeAfter report highlights gaps in point-of-sale financing
Few merchants surveyed believe their current financing options meet customer needs, which likely limits sales in an already challenged environment NEW YORK — A combination …
Havertys reports declines in Q2, 1st-half revenues, net income
Company remains profitable and looks to grow in the coming months as it continues to expand its store footprint ATLANTA — Retailer Havertys Furniture had …
Wayfair reports slight declines in Q2, 1st-half revenues
Retailer also narrows net loss for each period, reporting its ‘best quarter of profitability and cash flow in 3 years‘ BOSTON — Retailer Wayfair reported …
Tough retail environment impacts Ethan Allen Q4, 2024 fiscal year
While company remains profitable, consolidated sales declined 10% during the quarter and 18.3% for the full year DANBURY, Conn. — Amid an ongoing slump at …
Consumer confidence rises slightly in July
Yet purchasing plans for homes is at a 12-year low, indicating a soft market for furniture could continue in the months ahead WASHINGTON — Consumer …
Lingering questions about the Conn’s bankruptcy
The web of financial ties and interests that connect the Franchise Group, B. Riley, Conn’s and Badcock is thick and, like a spider web, somewhat …
Hekman continues to see benefits from domestic wood production
Plant of parent company Howard Miller provides capacity for the US-made portion of its home office segment ZEELAND, Mich. — When Hekman restarted production of …
