Ashley opens store in Phnom Penh, Cambodia
PHNOM PENH, Cambodia – On April 7, 2023, Ashley Furniture HomeStore in Phnom Penh, Cambodia celebrated the Grand Opening and Ribbon Cutting of its new 356.78 …
Category: Markets
The latest from home furnishings markets
YOY furniture retail sales fell 2.4% in March
Monthly sales decline from February was slightly smaller at 1.2% WASHINGTON — Year-over-year furniture store sales slumped again in March, although some of the decline …
CIN research into primary bedroom shows strong interest in smaller-scale furniture
While demand may be soft, consumers share thoughts on what’s important to them in the category and what they plan to buy in the coming …
Havertys’ repurchase of Lakeland distribution center key to its growth in Florida
Facility will be 2nd the company owns, including location in Virginia LAKELAND, Fla. — Havertys’ recently announced plans to repurchase a 335,000-square-foot distribution center here …
Ethan Allen reopens Danbury Design Center as Interior Design Destination
DANBURY, Conn., April 10, 2023 — Ethan Allen will launch its next reinvention with the grand reopening of the Danbury Connecticut Design Center as an Interior Design …
Havertys enters agreement to purchase Lakeland, Florida, distribution center for $28.2 million
LAKELAND, Fla. — Retailer Haverty Furniture has entered an agreement to purchase a distribution facility here for $28.2 million. In a filing with the U.S. …
CIN research takes deep dive into planned sofa, massage chair purchases
Survey shows sofas were the No. 1 product consumers plan to buy in the first half of 2023 This week marks the first deep dive …
February housing construction activity rises from January levels
YOY building permits and housing starts fall from February 2022, while percentage of housing completions rises WASHINGTON — Data recently released from the U.S. Census …
Existing home sales rose 14.5% in February
YOY sales fell 22.6%, due to double-digit declines in all four regions of the U.S. WASHINGTON — Existing home sales rose 14.5% in February from …
Remembering Albert Fraenkel II
This column is dedicated to the memory of Albert Fraenkel II, a friend, a mentor and a man who made a difference to many in …
