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 …
Category: Markets
The latest from home furnishings markets
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 …
Ashley opens HomeStore in Mombasa, Kenya
MOMBASA [Kenya] – On Friday November 11th, 2022, Ashley Furniture HomeStore in Kenya celebrated the Grand Opening and Ribbon Cutting of its new 10,000 sq. …
City Furniture begins expansion into Tampa market
Retailer has opened the 1st of 4 stores planned for the area in the next 2 years PLANT CITY, Fla. — HNN 125 retailer City …
Home building slows in October
Month-over-month and year-over-year rates have fallen, marking a further slowdown in housing activity WASHINGTON — Month-over-month and year-over-year building permits and housing starts fell during …
Existing home sales fall 5.9% in October from September
Sales decreased 28.4% from October 2021, with month-over month and year-over-year declines across all regions of the U.S. WASHINGTON — Existing home sales in October …
Retirements result in closure of some family-owned furniture stores
After many years of operation, owners close their doors as family members don’t wish to remain in the business HIGH POINT — Industry retirements have …
D.R. Horton year-end results show some resiliency in housing market
Yet numbers also point to signs of a slowdown in the months ahead ARLINGTON, Texas — By most accounts, D.R. Horton, which bills itself as …
Numbers show declines in housing activity following rise in interest rates
Sales of new and existing homes decrease, following periods of high demand HIGH POINT — Anyone selling furniture — as a manufacturer or retailer — …
Dorel Industries reports 14.4% decline in Q3 revenues
Company narrows net loss from continuing operations by nearly half MONTREAL —RTA furniture and juvenile products specialist Dorel Industries reported a decline in revenues and …
