American Furniture Warehouse to open 4th Arizona store
Tucson-area store has 122,000 square feet of showroom space and 115,000 square feet of warehouse space TUCSON, Ariz. — Retailer American Furniture Warehouse is opening …
Category: Markets
The latest from home furnishings markets
Standard Fiber adds Atlanta production, distribution center
HENDERSON, Nev. – Global home textiles leader Standard Fiber continues its strong growth trajectory with the addition of a new Atlanta production and distribution center. The company …
Havertys reports 18.1% drop in Q1 sales
Ongoing softness in the housing market presents challenges as consumers continue to pull back spending on home furnishings ATLANTA — Retailer Havertys reported a 18.1% …
Consumer confidence falls to lowest level since 2022
Concerns remain among those surveyed regarding job security, income levels, global conflicts and food and energy prices WASHINGTON — The Consumer Confidence Board reported this …
Ashley licensee opens 1st store in Nepal
KATHMANDU, Nepal – On April 20, S.N. Joshi & Sons Co. Pvt. Ltd. (S.N. Joshi & Sons) celebrated the grand opening and ribbon cutting of its …
Big Lots annual report shows 13.6% drop in overall sales, 16% decline in furniture
Soft retail sales, store closures and Universal shutdown contributed to loss, company says After posting unaudited financials in early March, Big Lots now has filed …
CIN research addresses effect of interest rates on furniture sales
Current mortage-rate levels appear to be having a bigger impact on the purchase plans of younger versus older consumers HIGH POINT — There’s been a …
BIA names Paul Kenis VP of business development for the Midwest region
NORTH BRUNSWICK, N.J. – Mattress manufacturer Bedding Industries of America has named Paul Kenis as its new vice president of business development for its Midwest …
Bedscape Corp. opens Ashley store in metro Manila
MAKATI, Metro Manila – On April 15, Bedscape Corp. celebrated the grand opening and ribbon cutting of its new 9,569-square-foot Ashley Furniture HomeStore showroom located …
Ethan Allen reports declines in fiscal Q3 revenues amid ongoing retail slowdown
However, the company remains profitable with net income of $13 million during fiscal 2024 3rd quarter ended March 31 DANBURY, Conn. — Ethan Allen Interiors …
