Martin Furniture names Kurt Berlin to lead new mass merchandising division
SAN DIEGO — Martin Furniture has named industry veteran Kurt Berlin as vice president of its new mass merchandising division. The company said the move …
Category: Markets
The latest from home furnishings markets
NAR report cites improvements in housing affordability
A key takeaway is that lower mortgage payments provide more room in the budget for durable goods purchases such as furniture WASHINGTON — A recent …
CNBC/NRF Retail Monitor shows furniture store sales rose 2.4% from January 2025
Report also shows a slight drop from December, suggesting consumers were closing their wallets after a period of holiday spending WASHINGTON — Furniture store sales …
Port Tracker report cites tariffs in import slowdown
Authors also acknowledge tariffs have had an impact on costs and retail prices to consumers WASHINGTON — Ongoing tariffs are expected to cause a decline …
Furniture store sales down 5.6% from December 2024
Sales also were down .9% from November while overall retail sales were flat during the same period WASHINGTON — The U.S. Census Bureau conducts the …
SouthWorth Capital investment in AFM seeks to build on company strengths
Principals look to continue manufacturers’ legacy of building quality product while improving service MEMPHIS, Tenn. — SouthWorth Capital Management’s investment in American Furniture Manufacturing and …
NAR reports drop in December pending home sales
Contract signings also declined from November, falling in all 4 regions of the US WASHINGTON — The National Association of Realtors has reported a drop …
Ashley licensee opens new store in Ampang, Malaysia
SELANGOR, Malaysia — Last month, Morphxt Sdn. Bhd. unveiled its newest Ashley showroom with a grand opening and ribbon-cutting ceremony. The 8,000-square-foot facility, at 649 Jln Ampang Utama 1/2, Tmn Ampang Utama, Ampang, Selangor, marks a significant …
Gardner White adding 9 new store locations
Addition of new stores will begin this spring, bringing the retailer’s store count to 30 DETROIT — Retailer Gardner White is adding nine new store …
How agentic AI will reshape retail
Research shows 48% of retailers plan to deploy artificial intelligence agents by this year The retail industry, as we know it, is undergoing rapid change. …
