Wayfair reports 1.6% decline in Q1 revenues
Company reduces net loss to $248 million, compared to $355 million last year BOSTON — Online home furnishings retailer Wayfair reported a 1.6% decline in …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Consumer confidence falls to lowest level since 2022
Concerns remain among those surveyed regarding job security, income levels, global conflicts and food and energy prices WASHINGTON — The Consumer Confidence Board reported this …
Norwalk Furniture names Tim Newlin president and CEO
Industry veteran comes to the company after nearly 30 years at Flexsteel NORWALK, Ohio — Industry veteran Tim Newlin has been named president, chief executive …
Arhaus investor presentation highlights growth opportunities
Core strategies include increasing brand awareness, expanding its physical store footprint and using technology to build its omnichannel platform BOSTON HEIGHTS, Ohio — A glance …
Big Lots annual report shows 13.6% drop in overall sales, 16% decline in furniture
Soft retail sales, store closures and Universal shutdown contributed to loss, company says After posting unaudited financials in early March, Big Lots now has filed …
Derek P. Schmidt to succeed Jerry Dittmer as CEO of Flexsteel
Dittmer to step down from role on June 30, Schmidt assumes post July 1 DUBUQUE, Iowa — Full-line furniture resource Flexsteel announced Monday that company …
FTC fines Williams Sonoma $3.17 million for violating made-in-USA order
Record penalty stems from 2020 order regarding the labeling of where products are made WASHINGTON — The Federal Trade Commission announced that lifestyle furniture and …
Andmore announces executive transition
Jonathan Pertchik to succeed longtime CEO Bob Maricich, Dorothy Belshaw named president LAS VEGAS — Bob Maricich, the longtime furniture industry executive who founded International …
FTC votes to ban noncompete agreements
Manufacturer associations strongly oppose new rule In what it says is an effort to promote competition, the Federal Trade Commission issued a final rule this week …
CIN research addresses effect of interest rates on furniture sales
Current mortage-rate levels appear to be having a bigger impact on the purchase plans of younger versus older consumers HIGH POINT — There’s been a …
