Hamad M. Alrugaib & Sons Trading opens 6th Ashley store in Saudi Arabia
BURAYDAH, Al-Qassim, SAUDI ARABIA – Last month, Hamad M. Alrugaib & Sons Trading Co. celebrated the grand opening and ribbon cutting of its new 35,090 sq. …
Category: Markets
The latest from home furnishings markets
Industry resources react to prospect of North American tariffs
Companies that manufacture in Mexico and Canada would face higher costs that could be passed along to consumers WASHINGTON — The imposition of additional tariffs …
Lowe’s reports 1.5% drop in Q3 sales
Comparable-store sales fell 1.1% driven by softness in DIY spending, which also was offset by storm-related sales activity MOORESVILLE, N.C. — Home improvement retailer Lowe’s …
Home Depot reports 6.6% increase in Q3 sales
Comparable-store sales in the US decline 1.2% compared with the same period last year ATLANTA — Home improvement retailer Home Depot reported a 6.6% increase …
Existing home sales rise 2.9% in October from October 2023
Year-over-year gain is first since July 2021, according to National Association of Realtors WASHINGTON — Year-over-year existing home sales rose 2.9% in October, which is …
EQ3 to close its remaining branded U.S. stores in New York City, Norwalk, Connecticut
Company will instead sell to U.S. customers through its e-commerce business and through the design trade and other retail stores NEW YORK — Canadian modern …
Bankruptcy court OKs sale of Big Lots to affiliate of Nexus Capital Management
COLUMBUS, Ohio — Big Lots Inc. said that it has received bankruptcy court approval for the sale of substantially all of its assets and ongoing …
Kuka Home launches Becki Owens Home at Mathis Design Studio
Kuka Home has launched the Becki Owens Home collection at Home News Now 125 retailer Mathis Home. This launch marks a significant partnership, showcasing the …
Does increase in smaller homes mean more opportunity for smaller furniture?
Lots of people have been asking me what the big news was at the recent High Point Market. From what I saw, one of the …
How Worth & Co. is pushing boundaries
HOUSTON — Worth and Co. here is pushing the boundaries of the industry to new heights with a groundbreaking furniture-plus-lifestyle selling concept. For those who don’t …
