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 …
Category: Markets
The latest from home furnishings markets
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. …
Industry resources react to prospect of North American tariffs
Companies that manufacture in Mexico and Canada would face higher costs that could be passed along to consumers WASHINGTON — The imposition of additional tariffs …
Lowe’s reports 1.5% drop in Q3 sales
Comparable-store sales fell 1.1% driven by softness in DIY spending, which also was offset by storm-related sales activity MOORESVILLE, N.C. — Home improvement retailer Lowe’s …
Home Depot reports 6.6% increase in Q3 sales
Comparable-store sales in the US decline 1.2% compared with the same period last year ATLANTA — Home improvement retailer Home Depot reported a 6.6% increase …
