CIN research shows (low) pricing remains a critical driver of most home furnishings purchases
Survey on buying plans for the second half echoes a familiar theme: Consumers don’t want to pay a lot for their furniture HIGH POINT — …
Category: Markets
The latest from home furnishings markets
Decline in existing home sales slows
7.3% year-over-year decrease in November is the lowest recorded by the National Association of Realtors so far this year WASHINGTON — Existing home sales fell …
Year-over-year housing starts, residential building permits rise in November
Housing completions fall in November compared to 2022, but rise 5% over October WASHINGTON — Housing construction appeared to begin making a turnaround in November …
Conn’s reports 12.8% drop in consolidated fiscal Q3 revenues
Same-store sales decreased 15% during the quarter ended Oct. 31 THE WOODLANDS, Texas — Retailer Conn’s Inc. reported a 12.8% drop in consolidated sales and …
Research shows impact of delivery experience on major furniture retailers
LEXINGTON, N.C. — Deliveright, the company behind the leading AI-powered logistics and delivery platform Grasshopper, released new research that highlights how profoundly the country’s biggest …
Year-over-year November furniture store sales fall 7.3%
Electronics and appliance stores, followed by restaurants and bars and health and beauty stores, all posted double-digit gains during the period WASHINGTON — Year-over-year furniture …
La-Z-Boy continues to bet on the strength of its retail store network
Company said that for the first time, company-owned stores now represent more than half its total store network MONROE, Mich. — La-Z-Boy’s latest earnings call …
Lowe’s reports 7.4% decline in Q3 sales
Reduction in DIY discretionary spending reduces revenues to $20.5 billion, compared to $23.5 billion the same period last year MOORESVILLE, N.C. — Home improvement specialist …
Consumer confidence rises in November
Increase is the first in several months, a potential plus for holiday spending. Still, high interest rates have consumers leery of big-ticket spending, which could …
Luxury furniture resources see opportunity in 2024
TD Cowen/Home News Now panel addresses issues, potential demand at the high end in what could be a challenging year for many HIGH POINT — …
