Gamburg’s Furniture to close after 94 years in business in Pennsylvania
Store closing occurs with the retirement of owners Sidney and Joyce Gamburg HATBORO, Penn. — Retailer Gamburg’s Furniture is going out of business after 94 …
Category: Markets
The latest from home furnishings markets
Inside Howard Miller’s Michigan manufacturing facilities
ZEELAND, Mich. — Earlier this summer, Home News Now had the opportunity to visit Howard Miller’s 300,000-square-foot plant here in western Michigan, an area once …
Survey predicts consumers will be looking for deals in all product segments
If the old chestnut about misery loving company is true, then the home furnishings sector should not feel alone — especially when the topic centers …
China licensee’s Kingsdown Day celebration nets record number of mattress sales in 12 hours
MEBANE, N.C. – Every year, Kingsdown’s China licensee, Roth Bedding Technology International Limited (better known as “Kingsdown China”), celebrates the brand’s birthday by hosting a “Kingsdown Day” …
Consumer confidence drops in August
Lower index erases gains seen in June and July as consumers deal with higher gas prices and interest rates WASHINGTON — Consumer confidence fell in …
Have antidumping petitions stifled competition in the bedding industry?
Domestic producers have targeted more than 20 countries that produce mattresses since the first petition was filed before the pandemic HIGH POINT — For years, Vietnam …
Lowe’s Companies reports 9.2% decrease in Q2 sales
Company remains profitable with net earnings of $2.7 billion for the quarter ended Aug. 4 MOORESVILLE, N.C. — Home improvement retailer Lowe’s Companies reported 9.2% …
La-Z-Boy reports decline in fiscal Q1 net sales
Written same-store sales for company-owned stores rose 2%, driven by strong individual store performance and an increase in design business MONROE, Mich. — La-Z-Boy Inc. …
Year-over-year July existing home sales fell 16.6%
High interest rates and available inventory impact activity throughout the US WASHINGTON — Year-over-year existing home sales fell 16.6% in July, a sign that high …
A conversation with Lectra’s Leonard Marano
Recently, the president of the Americas for the industry supplier spoke with Home News Now about the importance of nearshoring and use of technology for …
