Consumer confidence remains flat in March
While recession fears have fallen, consumers are concerned about elevated prices and interest rates, which could continue to impact high-ticket purchases such as furniture WASHINGTON …
Category: Markets
The latest from home furnishings markets
Housing construction activity rises in February
Year-over-year increases occur in building permits, housing starts and completions, signaling movement that could boost furniture sales in the weeks and months ahead WASHINGTON — …
Furniture remains a key driver of revenues at Big Lots
Large-ticket sofas, sectionals, beds, mattresses and more keep segment strong relative to smaller-ticket items COLUMBUS, Ohio — Big Lots’ latest investor presentation highlighting its recently …
What does the future hold in store for Dorel Home?
During period of lackluster demand for home furnishings, company reveals restructuring effort that will reduce headcount by 5%, generate $6.5 million in savings MONTREAL — …
Watson’s acquires home specialty retailer Recreational Warehouse
CINCINNATI, Ohio – Watson’s, one of the nation’s largest retailers of home recreational products and furnishings, has acquired Fort Myers, Florida-based Recreational Warehouse, a spa, …
Owners of Wright’s Furniture & Flooring celebrate opening of Wright Family Center
DIETERICH, Ill. — The Wright family, owner of Wright’s Furniture & Flooring, is excited to announce the opening of the Wright Family Center. “This project …
Chris Pittman named senior VP of sales at Powell, Linon
Company also has hired Ron Holliday as VP of sales for Western US and Canada HIGH POINT — Chris Pittman has been promoted to senior …
Ikea to open new format store in Charlotte, North Carolina
CHARLOTTE, N.C. — Ikea U.S. has announced plans for a new Plan & order point with Pick-up located in Charlotte, NC, which is set to …
Hooker Furnishings receives 2023 North Carolina Governor’s Export Award
Award recognizes sales success in international markets RALEIGH, N.C. – Hooker Furnishings has received the 2023 North Carolina Governor’s Export Award for its leadership in …
Existing home sales are key to driving furniture sales this year — and beyond
First-time buyers could hold the keys to creating some movement in the market HIGH POINT — One of the big issues that most people in …
