Breaking News: Tempur Sealy to acquire bedding retailer Mattress Firm for $4 billion
Deal is expected to close in second half of 2024; Mattress Firm would operate as a separate business unit LEXINGTON, Ky. — Bedding giant Tempur …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Miskelly Furniture makes organizational changes
Caleb Miskelly, other former directors are promoted to key positions; Mark Waters returns as vice president of operations PEARL, Miss. — Miskelly Furniture has made …
The challenges and advantages of direct-to-consumer sales
During the recent furniture market, I heard lots of chatter about how the pandemic leveled the playing field — specifically between retailers and suppliers. The …
Wayfair’s latest results show it could be facing long road to profitability
Company still reports a net loss of $355 million despite extensive cost-cutting measures BOSTON, Mass. — Wayfair Inc.’s latest results show that a turnaround to …
CPSC: Mandatory furniture stability standard takes effect Sept. 1
Federal safety rule for clothing storage units is based on updated ASTM F2057-23 that CPSC staff finds meets the requirements of STURDY Act WASHINGTON — …
Employees are still working from home. What does that mean for commercial real estate – and the industry?
We all know how severely the pandemic impacted the home furnishings sector. Specifically, it decimated the global supply chain, resulted in severe shortages of raw …
Home style preferences mirror some prevalent furniture designs
Final Consumer Insights Now research reveals popular trends in the marketplace HIGH POINT — In the final segment of our latest Consumer Insights Now research, …
Furniture orders down 17% in February over last year
Decrease follows 25% year-over-year drop in orders in January HIGH POINT — New orders for residential furniture in February were down 17% from February 2022 …
Home construction activity dropped in March over last year
Building permits fell 24.8% and housing starts fell 17.2% below March 2022, while the number of units completed rose 13% WASHINGTON — March building permits …
Existing home sales fell 22% in March over last year
Sales also were down 2.4% from February, a sign buyers are holding out to see where interest rates land WASHINGTON — March existing home sales …
