2023 retail sales report: Furniture is low on list of consumer priorities
Estimated 5.4% sales decline for the year shows sector trails significantly behind the growth seen in most other segments WASHINGTON — A review of 2023 …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
IHFRA’s John Pinion on the changing role of the independent sales rep
In this latest edition of The Last Word, Home News Now Editor-at-Large Ray Allegrezza interviews John Pinion, chairman of the International Home Furnishings Representatives Association. …
Will continuing logistics disruptions renew interest in nearshoring?
Container prices have had the industry in a panic once again, with talk of rising prices if rates continue to escalate Geopolitical events continue to …
Are acquisitions in Flexsteel’s future?
Reduction in debt is expected to free up cash to help company achieve its expansion goals DUBUQUE, Iowa — Flexsteel’s latest earnings report for its …
Asia show circuit starts this month
Arrival of Chinese New Year and Tet highlights winter season of shows in Malaysia, Vietnam, the Philippines, Indonesia and China With much anticipation, we along …
Licensing, leveraging and layoffs: the advantages of being ‘asset light’
What do Conn’s, Badcock, Sports Illustrated and Shaquille O’Neal have in common? You’re going to need a beer for this answer, and maybe a finger or …
Flexsteel reports 7.5% increase in fiscal Q2 sales
Company plans to close its Dublin, Georgia, plant, a move that will result in annual cost savings of $4 million to $4.5 million, impact 150 …
Utah repeals online law label requirement
Industry officials said it would be difficult to provide accurate labeling for special-order upholstery not yet manufactured HIGH POINT — The state of Utah has …
The RoomPlace files for Chapter 11 bankruptcy
Retailer to close 8 stores in outlying markets and keep its remaining 18 Chicago-area stores open CHICAGO — Home News Now 125 Retailer The RoomPlace …
Las Vegas Market exhibitors keep traffic flowing
Showroom presentations, new products, give buyers plenty of reasons to shop LAS VEGAS — Companies showing at the recently concluded Las Vegas Market offered a …
