Poundstretcher opens Ashley HomeStore in Zambia
LUSAKA, Zambia – On May 13, 2023, Poundstretcher celebrated the grand opening and ribbon cutting of its new 968 sq. ft. Ashley Furniture HomeStore showroom at …
Category: Markets
The latest from home furnishings markets
MAE report: US furniture exports rose 10.1% in 2022
Mexico and Canada remain the largest markets for US-made products while China and the Middle East continue to falter RICHMOND, Va. — Furniture exports rose …
Existing home sales fell 23.2% in April over last year
Overall sales decreased in all 4 regions of the country, while prices rose in the Northeast and Midwest and fell in the South and West …
Home Depot Q1 results sound vaguely similar to woes in the furniture industry
President, CEO Ted Decker said 3-year period of unprecedented growth was expected to be followed by a ‘year of moderation’ in 2023 ATLANTA — As …
Factory Direct Enterprises opens Ashley showroom in Milford, Connecticut
MILFORD, CT – On April 28th, 2023, Factory Direct Enterprises, LLC (Factory Direct) celebrated the grand opening of its new 46,248 sq. ft. Ashley showroom located at …
YOY housing permits, starts drop again in April
Overall number of residential units completed in April rose 1.2% compared to April 2022 WASHINGTON — Year-over-year privately owned building permits and housing starts for …
Why should home buyers who have good credit pay for those who don’t?
I’m not sure whether to start this column with, “Just when you think you’ve seen it all,” or, “They have to be kidding, right?” Actually, …
Bedscape Corp. opens Ashley Furniture HomeStore in Philippines
STA. ROSA, Laguna, Philippines – On April 27, 2023, Bedscape Corp. celebrated the grand opening of its new 9,188 sq. ft. Ashley Furniture HomeStore showroom in …
Ethan Allen appears poised for growth
DANBURY, Conn. — Like others in the industry, Ethan Allen is facing tough economic times as evidenced by its latest financial results. For its third …
Flexsteel reports 29.5% decline in revenues in fiscal Q3
Decrease was driven by $36.7 million drop in sales of furniture sold through retail stores and $4.7 million decrease through e-commerce channels DUBUQUE, Iowa — …
