The power of resiliency in a competitive retail market
As e-commerce players continue to enter the furniture realm, brick-and-mortar stores have an opportunity to up their game It’s a good thing that the home …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
June housing completions rise 15.5% over June 2023
Overall housing construction activity also rises slightly over May, a sign that furniture spending may soon pick up as consumers move into those new homes …
Tornado damages Rome, New York, businesses, homes, including Michael J. Uvanni Interiors
Owner Michael Uvanni describes historic downtown area hit by winds exceeding 130 mph like a ‘war zone’ ROME, N.Y. — A tornado that tore through …
Ashley announces $80 million expansion of Mississippi foam, mattress production facilities
Growth initiative expected to create 500 new jobs JACKSON, Miss. — Ashley Furniture Industries announced plans to invest $80 million in an expansion of two …
June furniture store sales fall 4% compared with June 2023
Decline is smallest since the start of the year, signaling some slight improvement at retail WASHINGTON — Furniture store sales fell 4% in June compared …
Interest in reshoring continues
Latest Reshoring Initiative report identifies global factors that are driving manufacturing back to the US HIGH POINT — Reshoring continues to be an attractive alternative …
Security breach halts some Bassett Furniture operations
Company said that it detected unauthorized occurrences on part of its IT systems that have impacted its ability to fulfill orders BASSETT, Va. — Full-line …
Will store closures be enough to save Big Lots?
As furniture remains a core category, other value-oriented retailers could reap benefits in communities where closings will occur COLUMBUS, Ohio — In revealing its plans …
EJ Victor: A hidden gem in the luxury marketplace
Furniture manufacturer looks to tell its story to a new and growing customer base MORGANTON, N.C. — Having grown up in the Western North Carolina …
Bassett Furniture announces restructuring plan to improve profitability
Plan takes shape amid 17% decline in Q2 revenues, $7.2 million quarterly net loss BASSETT, Va. — Bassett Furniture Industries has announced a restructuring plan …
