Furniture store sales fall 11.8% from October 2022
Sector continues to falter amid competition from other segments including health and beauty stores and restaurants WASHINGTON — Furniture store sales fell nearly 12% in …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Suggestions for how manufacturers can jump-start business
In a recent column, I talked about the need for our sector to change it up, employ new strategies, take calculated risks and generally wow …
Premium product lines help boost Purple Innovation’s quarterly results
Luxury segment helps raise sequential sales during a period of slower industry demand LEHI, Utah — Like most other companies — public or private — …
Older furniture pieces find a new home thanks to consignment sales
Savvy consumers can find great deals on secondhand furniture, other home decor. Does this represent an opportunity for furniture stores? WINSTON-SALEM, N.C. — A recent …
Luxury retailers create bespoke ‘experiences’
At the upper end, the focus is on offering desirability, custom design and a memorable experience for the customer The idea of buying and transacting …
What can retailers do to jump-start business in today’s sluggish economy?
We’ve all heard of Dickens’ A Tale of Two Cities. I always found his use of opposites to be incredibly powerful and compelling. Remember these lines? …
A conversation with Ron Wanek, Ashley Furniture
ARCADIA, Wis. — In this exclusive interview with Home News Now, the chairman and founder of Ashley Furniture talks about Ashley Charitable Foundation’s recent $500,000 …
Infore Group acquires controlling interest in Kuka Group Ltd.
Kuka’s largest shareholder sells 29.42% of shares to the investment firm, company says acquisition shows its commitment to growth and long-term success in furniture industry …
Kevin Sauder receives AHFA Distinguished Service Award
Third-generation executive of family business recognized for his innovative, steady and forward thinking and for being a builder of business strategies HIGH POINT — Kevin …
Designer-driven custom orders fuel Havertys’ business in tough times
Special-order business during Q3 was up 47% from last year, driving higher average tickets ATLANTA — Like many in the industry, HNN 125 retailer Havertys …
