Existing home sales fall to lowest level since 1995
However, the year-over-year decrease continues to decline overall, with all four regions also posting price increases WASHINGTON — Existing home sales fell again in December, …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Home Design recalls 583,000 upholstered platform beds
Components on the units can break, sag or collapse, posing a fall and injury hazard SILVER LAKE, Ind. — Importer Home Design Inc. has recalled …
Inflation causing adjustments in spending habits, survey shows
A recent study on inflation and consumer spending found inflation is causing consumers to cut spending on nonessential items, including home furnishings, and to opt …
Wayfair to reduce its global workforce by 13%
Move will result in 1,650 layoffs, save company $280 million a year BOSTON — Wayfair is reducing its global workforce by 13%, a move that …
Housing construction activity shows improvement in December
Data highlights year-over-year increases in residential building permits, housing starts and housing completions WASHINGTON — Year-over-year housing construction activity saw increases across three major segments …
Furniture store sales fell 4.7% in December from prior year
For the full 12 months, sales fell 5.4% compared to calendar year 2022 WASHINGTON — Furniture store sales were once again one of the worst …
E-tailers facing number of challenges this year
Last week, I did a deep-dive chat with a few friends who have probably forgotten more about e-commerce than I will ever know. For decades, …
Anti-tip restraint recall is latest challenge for case goods segment
Announcement impacts many more bedroom resources than the 31 listed in the CPSC notice HIGH POINT — Last week’s recall of anti-tip restraint kits produced …
Quebec investment group obtains ownership stake in Amisco Industries
Financial partnership between new, existing investors takes root as company prepares for a change in leadership structure this spring MONTREAL, Quebec — Dining and accent …
Our House Designs acquires Leathercraft Furniture
Purchase allows company to continue operations under its legacy brand CONOVER, N.C. — Upholstery manufacturer Our House Designs is acquiring custom upholstery manufacturer Leathercraft Furniture, …
