Year-over-year housing completions rise 9.2% in November
Single-family homes continue to make up the bulk of new housing construction activity WASHINGTON — Year-over-year, housing completions once again rose in November, although at …
Category: Markets
The latest from home furnishings markets
November existing home sales rise 6.1% from November 2023
Year-over-year increase is the largest the NAR has reported since June 2021 WASHINGTON — Existing home sales picked up the pace in November, recording their …
Big Lots deal with Nexus Capital falls through
Retail chain could be liquidated as early as Feb. 1 if deal can’t be salvaged or no new buyer emerges WILMINGTON, Del. — Nexus Capital …
November furniture store sales increase .7% from November 2023
Slight gain marks the 3rd consecutive year-over-year increase for the furniture retail segment WASHINGTON — Furniture store sales rose .7% in November, a sign that …
Natuzzi Q3 earnings report highlights challenges, growth opportunities
Company’s store network shows surprising resilience in spite of lingering challenges at retail HIGH POINT — Natuzzi’s latest earnings statement for the first nine months …
Will the housing market rebound in 2025?
Sales of new and existing homes will likely depend on further lowering of interest rates in the weeks and months ahead HIGH POINT — As …
RH reveals expansion plans in North America, Europe
Newest stores opening this week include RH Newport Beach and RH Montecito, California NEWPORT BEACH, Calif. — Luxury lifestyle home furnishings retailer RH unveiled an …
Boxabl tiny homes are spreading fast and are going to need some suitable furniture
HIGH POINT — Have you ever heard of Boxabl? I hadn’t either, but they must have heard Kenny Rogers sing The Gambler — especially that …
Queen City Audio Video & Appliances acquires 6 former Badcock locations in North, South Carolina
Company will rebrand new and existing stores as Queen City Home Store in January 2025 CHARLOTTE, N.C. — Queen City Audio Video & Appliances has …
Hamad M. Alrugaib & Sons Trading opens 6th Ashley store in Saudi Arabia
BURAYDAH, Al-Qassim, SAUDI ARABIA – Last month, Hamad M. Alrugaib & Sons Trading Co. celebrated the grand opening and ribbon cutting of its new 35,090 sq. …
