HOM Furniture acquires retailer Hennen’s Furniture
COON RAPIDS, Minn. — HNN 125 retailer HOM Furniture, one of the nation’s largest furniture retailers serving customers in the upper Midwestern states, has announced …
Category: Markets
The latest from home furnishings markets
Fiserv report shows furniture store sales were up 4.9% from October 2024
However, transactions were down 6.1% from October 2024, suggesting consumers are experiencing higher costs on finished goods largely related to tariffs MILWAUKEE, Wis. — Furniture, …
Ashley enters Nigerian market through partnership with Vento Furniture
HIGH POINT – Ashley Furniture Industries LLC, the world’s largest manufacturer of home furnishings, has partnered with Vento Furniture of Nigeria, Africa, marking a significant entry into the rapidly growing …
Bozeman, Montana: Home of Gibson Acoustic, Music Villa and now — Arhaus
12,000-square-foot store in Gallatin Crossing is the lifestyle retailer’s first in the state BOZEMAN, Mont. — Gibson Acoustic, Music Villa and now — finally — …
Mortage Bankers report shows home affordability rose in September
Association says costs improved for the 4th consecutive month, supported by lower mortgage rates and a growing housing supply WASHINGTON — Data from the Mortgage …
Arhaus reports 8% increase in Q3 revenue
Comparable-store sales rise 4.1% resulting from ‘healthy underlying client demand and strong operational execution’ BOSTON HEIGHTS, Ohio — HNN 125 Retailer Arhaus reported an 8% …
La Popular Furniture to close after 93 years in business
RESEDA, Calif. — La Popular Furniture is going out of business after providing quality home furnishings and excellent customer service for nearly a century. The …
Existing home sales rise 4.1% from September 2024
Sales also rise 1.5% from August, suggesting a rebound in the housing market WASHINGTON — Bolstered by lower interest rates, existing home sales rose 4.1% …
Pending home sales fall .9% from September 2024
Year-over-year and monthly activity rises in the Northeast and South, but falls in the Midwest and West WASHINGTON — Pending home sales fell .9% from …
Magnussen Home names Page Wilson senior VP, strategic accounts
HIGH POINT — Magnussen Home has named industry veteran Page Wilson senior vice president of strategic accounts, a new position. He comes to the company …
