August furniture store sales fall 7.8% from last year
Despite the drop, sales activity is still hovering above pre-pandemic levels, including in August 2020 after stores had reopened and demand for furniture started to …
Category: Markets
The latest from home furnishings markets
Singapore Furniture Industries Council embarks on trade mission to Shanghai and Hangzhou
SINGAPORE — The Singapore Furniture Industries Council (SFIC), with the support of Enterprise Singapore (EnterpriseSG), will be leading a delegation on a Trade Mission to Shanghai and Hangzhou, China from …
Retailers reflect on Labor Day sales activity
Despite a relatively strong holiday weekend, many are keeping their eye on other economic indicators, namely interest rates and existing home sales HIGH POINT — …
The Last Word with Lael Thompson, of Home Collections Furniture
This week as part of his ongoing Last Word series, Home News Now Editor-at-Large Ray Allegrezza interviews Lael Thompson of Denver-based Home Collections Furniture. He …
CIN research shows younger consumers will make 7 of 10 furniture purchases in 2nd half
Sofas and sectionals top their buying lists, followed by decorative accessories, area rugs and mattresses for the primary bedroom HIGH POINT — Suppliers and retailers …
Bassett Furniture anticipates operating and net loss for fiscal Q3
Preliminary results released Sept. 6 show net sales were 26% lower than the same period in 2022 BASSETT, Va. — Upholstery and case goods manufacturer …
Eureka Furniture Imports opens Ashley store in New South Wales, Australia
BATHURST, New South Wales Australia – On August 5, Eureka Furniture Imports (Eureka Furniture) celebrated the grand opening and ribbon cutting of its new 7,276 …
Danish-inspired furniture expands its retail presence in Vietnam
HANOI, Vietnam — We at Home News Now have spilled a lot of digital ink chronicling the growth of the Vietnamese furniture manufacturing sector, and deservedly so, …
A closer look at Big Lots, Conn’s Q2 sales
Furniture remains a key category for both retailers. Will it be a drag on these businesses moving forward? HIGH POINT — A look at both …
Mueller Furniture adds 4th location in Fairview Heights, Illinois
90,000-square-foot building includes a 55,000-square-foot showroom and a distribution center to serve all the company’s locations FAIRVIEW HEIGHTS, Ill. — Retailer Mueller Furniture is opening …
