Lowe’s Companies reports 9.2% decrease in Q2 sales
Company remains profitable with net earnings of $2.7 billion for the quarter ended Aug. 4 MOORESVILLE, N.C. — Home improvement retailer Lowe’s Companies reported 9.2% …
Category: Markets
The latest from home furnishings markets
La-Z-Boy reports decline in fiscal Q1 net sales
Written same-store sales for company-owned stores rose 2%, driven by strong individual store performance and an increase in design business MONROE, Mich. — La-Z-Boy Inc. …
Year-over-year July existing home sales fell 16.6%
High interest rates and available inventory impact activity throughout the US WASHINGTON — Year-over-year existing home sales fell 16.6% in July, a sign that high …
A conversation with Lectra’s Leonard Marano
Recently, the president of the Americas for the industry supplier spoke with Home News Now about the importance of nearshoring and use of technology for …
Is the industry becoming ruthless in tough times?
Late last week, I got back-to-back calls from two vendors of American Freight, the retail chain based in Delaware, Ohio. Prior to operating as American Freight, …
CIN research to preview planned consumer furniture purchases through end of year
Research will begin publishing Sept. 11 and run for 4 successive weeks thereafter HIGH POINT — Home News Now and its sister publications, Decor News …
Avocado Green Mattress opens newest store in Boulder, Colorado
BOULDER, Colo. – Avocado Green Mattress, a resource for GOTS-certified organic mattresses, recently opened the doors to its newest experience center in Boulder. The space, located at …
Year-over-year July housing starts rose 5.9%
Number of residential permits issued fell 13% during the same period, while the number of units completed fell 5.4% WASHINGTON — July housing starts rose …
The Home Depot reports 2% decrease in fiscal Q2 net sales
Net sales for the full first half fell 3.1% to $80.2 billion ATLANTA — Home improvement resource The Home Depot, which has incorporated furniture and …
Year-over-year furniture store sales fell 6.3% in July
Sales also lagged from the previous month as consumers shift spending to other areas WASHINGTON — Furniture store sales fell 6.3% in July as consumers …
