Year-over-year furniture store sales rise 1.5% in October
Based on adjusted figures, this is the 2nd straight month of yearly increases in the sector WASHINGTON — October year-over-year furniture store sales rose for …
Category: Markets
The latest from home furnishings markets
JMS Furniture Group opens its newest Ashley store in Monroeville, Pennsylvania
MONROEVILLE, Pa. — On November 1, JMS Furniture Group proudly unveiled its newest Ashley showroom with a grand opening and ribbon-cutting ceremony. Located at 4680 …
Dorel Industries reports 1.5% decrease in Q3 revenue
Company’s performance continues to be dragged down by residential furnishings sector MONTREAL — Dorel Industries reported a 1.5% decline in net revenues and an increase …
Dirk Smith to succeed J. Mark Moore as CEO of Weir’s Furniture
DALLAS – The board of directors of Home News Now 125 retailer Weir’s Furniture Village, Inc. has named Dirk Smith as chief executive officer, effective …
Survey offers a glimpse at housing sales growth by state
Just over half the states in the study saw an increase in homeownership while others saw a decrease over the past 4 years HIGH POINT …
Birobrite opens Ashley Furniture store in Mbombela, South Africa
MBOMBELA, South Africa – On Oct. 12, Birobrite Pty. Ltd. celebrated the grand opening and ribbon cutting of its new 1,400-sq.-m. Ashley Furniture HomeStore showroom located …
David Horvath joins Queen City Audio, Video & Appliances as category manager
CHARLOTTE, N.C. — Industry veteran David Horvath has been hired as category manager for the furniture segment at Queen City Audio, Video & Appliances. In …
McKinsey report identifies 9 emerging consumer trends worth watching
Everyone knows how hard it can be to hit a moving target. But considering that today’s consumers no longer fit into traditional buckets, that’s exactly …
Havertys, Ethan Allen earnings calls offer reason for optimism in the year ahead
Companies maintain a strong balance sheet, and each has a strong and loyal following in designer-driven business HIGH POINT — The conference calls of two …
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 …
