Nexus Capital declaration explains how Big Lots deal fell apart
Delays in the process ultimately revealed a clearer window into the retailer’s financial challenges COLUMBUS, Ohio — Describing a tireless effort over many months to …
Category: Markets
The latest from home furnishings markets
Meridian Furniture offers expertise to real estate staging industry
NEW YORK — Meridian Furniture, which has a notable track record of adding innovative design and style to retail showrooms and designer portfolios, is extending …
Big Lots agrees to sale of assets to continue brand under other retail management
COLUMBUS, Ohio – Big Lots Inc. has agreed to a sale transaction with Gordon Brothers Retail Partners LLC that enables the transfer of Big Lots …
Chic Republic opens 6th Ashley store in Thailand
PHUKET, Thailand – On Dec. 19, Chic Republic Public Co. Ltd. celebrated the grand opening and ribbon cutting of its new 7,707-square-foot showroom located at Chic …
Year-over-year housing completions rise 9.2% in November
Single-family homes continue to make up the bulk of new housing construction activity WASHINGTON — Year-over-year, housing completions once again rose in November, although at …
November existing home sales rise 6.1% from November 2023
Year-over-year increase is the largest the NAR has reported since June 2021 WASHINGTON — Existing home sales picked up the pace in November, recording their …
Big Lots deal with Nexus Capital falls through
Retail chain could be liquidated as early as Feb. 1 if deal can’t be salvaged or no new buyer emerges WILMINGTON, Del. — Nexus Capital …
November furniture store sales increase .7% from November 2023
Slight gain marks the 3rd consecutive year-over-year increase for the furniture retail segment WASHINGTON — Furniture store sales rose .7% in November, a sign that …
Natuzzi Q3 earnings report highlights challenges, growth opportunities
Company’s store network shows surprising resilience in spite of lingering challenges at retail HIGH POINT — Natuzzi’s latest earnings statement for the first nine months …
Will the housing market rebound in 2025?
Sales of new and existing homes will likely depend on further lowering of interest rates in the weeks and months ahead HIGH POINT — As …
