Markets Archives - Page 64 of 78

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 …

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 …