La-Z-Boy continues to bet on the strength of its retail store network
Company said that for the first time, company-owned stores now represent more than half its total store network MONROE, Mich. — La-Z-Boy’s latest earnings call …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
US Department of Commerce focusing on supply chain resilience
Several key initiatives seek to strengthen the links that help avoid product shortages, strengthen US competitiveness and create good jobs WASHINGTON — With a goal …
Furniture orders rise 13% from September 2022
Meanwhile, shipments were down 20% during the same period and down 18% year to date, according to Smith Leonard report HIGH POINT — Orders for …
La-Z-Boy reports better-than-expected fiscal 1st-half results
Company said sales of $511 million were on the high end of prior guidance, with a 16% decrease that accounts for delivery of pandemic-related backlog …
Consumer confidence rises in November
Increase is the first in several months, a potential plus for holiday spending. Still, high interest rates have consumers leery of big-ticket spending, which could …
Natuzzi plans to sell its High Point showroom
HIGH POINT — Italian upholstery manufacturer Natuzzi said this week that it plans to sell its Casa Italia showroom here as part of an effort …
What’s behind the bankruptcies of the past year?
Almost exactly a year ago, more than 2,700 furniture factory workers, truck drivers and office personnel got the big bald turkey of an email that …
Luxury furniture resources see opportunity in 2024
TD Cowen/Home News Now panel addresses issues, potential demand at the high end in what could be a challenging year for many HIGH POINT — …
October existing home sales fall 14.6% from last year
All 4 regions of the US experienced a year-over-year decline from October 2022 WASHINGTON — October existing home sales fell 14.6% from the same period …
Retailers offer aggressive Black Friday promotions
This week, furniture retailers are hoping to cash in on their last big holiday weekend promotion of the year — Black Friday. As with other …
