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 …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
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 …
Inside Bradington-Young’s cut-and-sew operation
Cherryville, North Carolina, plant combines human hands, technology to supply covers used in company’s domestic upholstery line CHERRYVILLE, N.C. — Here in this community of …
October housing starts fall 4.2% from last year
Building permits also fell 4.4% from October 2022, while housing completions rose 4.6% over same period WASHINGTON — Residential housing starts in October rose from …
