February furniture orders up 7% over last year
Smith Leonard Furniture Insights report also notes that February shipments were down 5% during the same period HIGH POINT — New orders for residential furniture …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
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 …
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 …
