Conn’s, Big Lots results show related, yet unique challenges in furniture segment
Both retailers had declines in revenues and net income during their first fiscal quarter. The economy and other factors will determine how they each change …
Category: Markets
The latest from home furnishings markets
Spring Air International expands presence in Malaysia through licensing agreement
WOBURN, Mass. –Top 20 U.S. bedding manufacturer Spring Air International, will now gain access to over 1,000 retail showrooms in all 14 states in Malaysia …
2023 hasn’t gotten off to a great start at retail, but there are bright spots ahead
As a guy that tries not to mince my words, let me begin by saying 2023 got off to a start that was sadly uninspiring, …
Theatro.com survey analyzes consumer shopping preferences
Report highlights areas of opportunity for retailers looking to improve in-store experience HIGH POINT — A recent survey by Theatro.com sheds light on consumer attitudes toward …
AICO contests final antidumping ruling on upholstered case goods collections
PICO RIVERA, Calif. — Full-line furniture and lighting resource AICO (Amini Innovation Corp.) is contesting a final scope ruling from the United States Court of …
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 …
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 …
