Bassett outlines retail strategy heading into 2023
Latest quarterly report illustrates the strength and positioning of company’s retail segment now and in the months ahead BASSETT, Va. — In its latest results …
Category: Retail
Retail category is about stores and their stories.
More telling, less selling
HNN contributor Joe Carroll says stepping back from the mundane facts and figures and, instead, making an effort to romance the product, makes all the …
Lastick Furniture closing after nearly 50 years
POTTSTOWN, Pa. — After nearly 50 years in business, retailer Lastick Furniture & Floor Coverings is closing its doors as the owners retire from the …
Bassett reports increases in Q3 sales, earnings
Double-digit gains in retail, upholstery sales drive business during the quarter BASSETT, Va. — Bassett Furniture Industries reported consolidated net sales of $118 million for …
Mixing metaphors: The attention economy and the experience economy
More reasons why the metaverse is worth our attention In the last column, we looked at the metaverse with respect mainly to what is called …
City Furniture acquires minority stake in PeakActivity
TAMARAC, Fla. — City Furniture has taken a minority ownership stake in digital technology services company PeakActivity. PeakActivity said that it will use the investment to …
How things changed for Home Consignment Center after the CSC Generation deal
And a look at how they didn’t change may offer a glimpse into what CSC was aiming for with its failed bid to buy Flexsteel …
August furniture store sales slip 1.6% YOY, down 1.3% from July
WASHINGTON — Furniture and home furnishings store sales finally hit the wall last month, down 1.6% from August a year ago, according to the U.S. …
The inevitability of the metaverse
Competing in the ‘attention economy’ Earlier this month, HNN Executive Editor Clint Engel warned us against getting sucked into the vortex of hype surrounding what …
Retailer takeaways from the summer buying group expos
HIGH POINT — Two of the industry’s largest buying groups just concluded their big summer shows — Nationwide Marketing Group’s PrimeTime in Orlando, Fla., and …
