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% …
Category: Markets
The latest from home furnishings markets
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 …
Existing home sales fall 3.7% in March
Year-over-year sales fell in all 4 regions of the US WASHINGTON — Year-over-year existing home sales fell in March with all four regions of the …
TD Bank market survey: Nearly half of respondents concerned about economy
However, nearly 40% anticipate spending on home furnishings to increase in the 2nd half HIGH POINT — A survey by TD Bank at the recently …
