Bassett Furniture reports 2.2% drop in Q1 revenue
Decrease was led by decline in retail revenue and partially offset by slight increase in wholesale revenue BASSETT, Va. — Bassett Furniture reported a drop …
Category: Markets
The latest from home furnishings markets
Furniture store sales lag behind other sectors for 1st 2 months of the year
Sales were down 5.6% from February 2025 and also were down 1% from January WASHINGTON — Year-over-year furniture store sales fell for the sixth month …
Talk of oil-related price increases heats up
With increases of raw materials averaging around 12%, sources note this could raise FOB prices 6%-8% HIGH POINT — Rising prices of raw materials, some …
Meta debuts social commerce tools for retailers at Shoptalk 2026
From shoppable Reels to in-app checkout, Meta is expanding how retailers turn social engagement into sales LAS VEGAS — Keeping up with digital tools is …
Z Gallerie opens newest store in Dallas
DALLAS — Z Gallerie, a brand long celebrated for its modern-luxe aesthetic and statement-making designs, recently celebrated the grand opening of its newest retail location …
Josh Underhill’s Family Furniture going out of business after 80 years
LYNNWOOD, Wash. — Josh Underhill’s Family Furniture is going out of business after providing Lynnwood and surrounding communities with quality furniture for 80 years. The …
The shopping preferences of high-income earners
Latest segment of Consumer Insights Now delves into planned furniture spending of consumers earning $150,000 and up HIGH POINT — For high-income consumers shopping for …
Report: Furniture imports decline 12.7% from 2024
Analysis from investment banking firm Mann Armistead & Epperson shows the wholesale value of furniture shipments to the US totaled $29.6 billion last year RICHMOND, …
Value of 2025 US furniture exports falls 4.7% from 2024
Decline in shipments from overseas producers also appears to narrow the trade deficit in household furniture WASHINGTON — The wholesale value of 2025 residential furniture …
Inside Meta’s New York flagship store: AI glasses, VR and immersive retail
Located in a 15,000-square-foot 5-story building, Meta Lab New York merges physical and digital worlds NEW YORK — Technology company Meta is making a significant …
