Mattress Firm reports 4.5% decline in Q2 revenues
Retailer also reports a drop in earnings but remains profitable with net income of $19.1 million for the quarter and $28 million for the first …
Category: Markets
The latest from home furnishings markets
Report shows foreclosure activity continues to increase
ATTOM, which identifies itself as a leading curator of land, property and real estate data based in Irvine, California, recently released its February U.S. Foreclosure …
Interwoven panel discussion to highlight strengths, capabilities of domestic producers
HIGH POINT — A panel of domestic fabric producers here at Interwoven this week will be discussing the evolution of their businesses and how they …
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 …
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 …
