Challenges abound, but that also means opportunity
China’s struggles with Covid, along with lingering problems in the US, create stumbling blocks that call for new ways of doing business Last week, on …
Category: Markets
The latest from home furnishings markets
New residential construction activity drops in November
U.S. Census report shows declines in year-over-year, month-over-month housing starts and residential building permits WASHINGTON — Housing starts for the month of November dropped 16.4% …
November existing home sales fall for 10th consecutive month
NAR reports 7.7% month-over-month decline and 35.4% year-over-year decline to 4.09 million units WASHINGTON — Month-over-month existing home sales fell 7.7% in November, the 10th …
Ashley adds new store in Stamford, Connecticut
STAMFORD,Conn. – On December 16th, the newest Ashley store in Connecticut celebrated its Grand Opening Ceremony of a new 19,687 sq. ft. showroom located at 2113 Summer Street, Stamford, CT 06905. The new store is owned and operated by …
Kingsdown launches hospitality division
Company names industry veteran Vince Nicholson to lead initiative MEBANE, N.C. — Luxury bedding manufacturer Kingsdown announced it has created a new hospitality division to …
Hickory Furniture Mart has an enduring legacy in and outside North Carolina
The nearly 1-million-square-foot facility features showrooms from many local and regional manufacturers, and attracts customers from around the world HICKORY, N.C. — If you are …
How resilient is the luxury market?
Will the U.S. economy fall into recession in 2023? Better economic minds than mine disagree on the likelihood. We know there are plenty of pain …
Spring Air holds second Domestic Licensee Summit in Boston
WOBURN, Mass. –Top 20 U.S. bedding manufacturer Spring Air International gathered its senior leadership together in Boston recently for its second Domestic Licensee Summit. A …
Broad River Retail receives Fast 50 Award from Charlotte Business Journal
Fort Mill, SC – Broad River Retail (BRR), one of the largest and fastest-growing independently owned and operated Ashley Store licensees, achieved the recognition of …
Ashley opens HomeStore in Guayaquil, Ecuador
GUAYAQUIL, [Ecuador] – On November 16th, Ashley Furniture HomeStore opened its newest location in the largest populated city in Ecuador, Guayaquil. The new location celebrated …
