Retail remains a core part of La-Z-Boy’s strategy
Planned divestiture of non-core businesses allows company to focus on marketing its own brand, which includes expanding its store footprint MONROE, Mich. — Industry observers …
Category: Markets
The latest from home furnishings markets
Pending home sales activity declines slightly from October 2024
NAR’s October Pending Home Sales Index falls .4% from last year but rises nearly 2% from September WASHINGTON — The National Association of Realtors recently …
Furniture retail sales growth slows in September
Reported 1.2% gain is the lowest percentage monthly year-over-year increase so far this year WASHINGTON — Furniture store sales rose again in September, albeit at …
Lott’s Furniture opens new Ashley store in Tifton, Georgia
TIFTON, Ga. – On Nov. 8, Lott’s Furniture Co. Inc. opened its newest Ashley showroom here with a grand opening and ribbon-cutting ceremony. The 21,000-square-foot store, located at 612 Virginia Ave., marks a …
J&S Furniture opens new Ashley showroom, outlet in Okemos, Michigan
OKEMOS, Mich. – On Nov. 8, J&S Furniture opened its newest Ashley showroom and Ashley Outlet with a grand opening and ribbon-cutting ceremony. The 80,000-square-foot facility, located at 1982 W. Grand River Ave., marks a significant addition …
Homebuilder confidence remains in negative territory
Also, 41% of builders reported cutting prices, a record high, according to the NAHB WASHINGTON — While the government shutdown has ended, other economic uncertainty …
Lowe’s reports 3.2% increase in Q3 net sales
Comp-store sales rise .4%, supported by growth in online sales and double-digit growth in home services, Pro sales MOORESVILLE, N.C. — Home improvement retailer Lowe’s …
Millers of Claflin opens Ashley store in Dodge City, Kansas
DODGE CITY, Kan. — Earlier this month, Millers of Claflin, Inc. (Millers of Claflin) opened its newest Ashley showroom with a grand opening and ribbon-cutting ceremony. The 60,000-square-foot facility, located at 503 S 2nd Ave, Dodge City, …
Existing home sales rise 1.7% from October 2024
Sales also rise 1.2% from September, increasing in the Midwest and South, while falling in the West and remaining level in the Northeast WASHINGTON — …
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 …
