Bassett Furniture reports 22% decline in consolidated Q2 revenues
Company remains profitable with just over $2 million in net income reported for the quarter ended May 27 BASSETT, Va. — Bassett Furniture Industries reported …
Category: Markets
The latest from home furnishings markets
Clive Daniel Home names John Diaz as general manager for Fort Myers store
NAPLES, Fla. — Luxury retailer and interior design destination Clive Daniel Home has named John Diaz as general manager of its new Fort Myers showroom …
Compass Sleep Products to produce 1,600 mattresses for student dorms at University of Kentucky
GREENVILLE, Florida—Compass Sleep Products has signed its first contract deal with a 1,600-mattress order from the University of Kentucky for its student dormitories. The transaction …
May existing home sales decline 20.4% from last year
Sales rose slightly from April with larger increases recorded in the South and West WASHINGTON — May existing home sales fell 20.4% from May 2022 …
Report reveals notable homebuyer migration patterns
I just happened upon a recently released report based on a March 2023 analysis of Freddie Mac Loan Product Advisor data that I think home …
Is housing construction on the upswing?
Numbers issued this week show a rebound in single-family and multifamily unit building activity in May compared to April. Still, some figures continue to lag …
Putting recent retail sales data into perspective
Data sheds light on where consumers have spent the most money in recent months, including a wealth-killing amount on bars and restaurants HIGH POINT — …
Furniture retail sales fell 6.4% in May
Overall retail sales rose 1.6% with increases in restaurants and bars, health and beauty stores and e-commerce platforms WASHINGTON — Year-over-year furniture retail store sales …
Eichholtz plans to expand retail footprint
1st US store opening in Miami foreshadows luxury furniture resource adding more stores in major metro markets MIAMI — Eichholtz’s opening of its first U.S. …
Factory Direct Enterprises opens Ashley store in Brooklyn
BROOKLYN, N.Y. – Factory Direct Enterprises, LLC (Factory Direct) recently celebrated the Grand Opening of its new 14,391 sq. ft. Ashley showroom located at 241 37th Street, …
