Kingsdown launches hospitality division
Company names industry veteran Vince Nicholson to lead initiative MEBANE, N.C. — Luxury bedding manufacturer Kingsdown announced it has created a new hospitality division to …
Category: Markets
The latest from home furnishings markets
Hickory Furniture Mart has an enduring legacy in and outside North Carolina
The nearly 1-million-square-foot facility features showrooms from many local and regional manufacturers, and attracts customers from around the world HICKORY, N.C. — If you are …
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 …
