Franchise Group files for Chapter 11 bankruptcy
With court approval, retailer American Freight is expected to shut down immediately, while other brands including Buddy’s Home Furnishings will continue operations as part of …
Category: Home News Now
News from the people who create the objects we love.
August residential furniture orders, shipments fall from August 2023
However, orders and shipments rose from July driven partly by the July 4th holiday HIGH POINT — Both orders and shipments of residential furniture were …
Big Lots, B. Riley each forge a path forward
If your company begins with the letter “B,” there’s a decent chance it’s been in the news this week. On Tuesday you read about the new …
High Point Market product mix aims to drive business in 2025
Home News Now rounds up some key highlights based on what we saw throughout the week HIGH POINT — What some feared might be a …
Product and people seen at October High Point Market
Home News Now got started covering the High Point Market early this season as it headed downtown more than a week before the official opening. …
A lesson in how not to treat a customer
This week, I am devoting my column to sandwiches instead of sofas. While I know that this is a departure for me, by allowing me …
Wayfair reports 2% drop in Q3 revenues, reduces net loss by more than half
US revenues fall by 2.3% while international revenues remain stable BOSTON — Online home furnishings retailer Wayfair had a 2% drop in revenues and also …
Havertys reports 20.2% decline in fiscal 3rd-quarter revenues
Company remains profitable with net income of $4.9 million for the quarter ATLANTA — Retailer Havertys reported double-digit decreases in consolidated and comparable-store sales amid …
Planned Furniture Promotions raises $14K for City of Hope during High Point Market
HIGH POINT — Planned Furniture Promotions (PFP) welcomed an unprecedented crowd at its ‘Saddle Up’ benefit party at High Point Market, raising $14,000 in donations for City …
Ethan Allen reports 5.8% decline in Q1 fiscal 2025 revenues
Company remains profitable with adjusted net income of $14.9 million DANBURY, Conn. — Ethan Allen reported a 5.8% decrease in net sales for its first …
