Wayfair reports slight increase in Q1 net revenue
Company also further reduces its net loss by more than half BOSTON — Home furnishings retailer Wayfair reported an increase in net revenue, while also …
Category: Retail
Retail category is about stores and their stories.
Havertys reports 1.3% drop in Q1 sales
Company also reports increases in net income and gross profit ATLANTA — Retailer Havertys Furniture reported a drop in sales but an increase in profitability …
Consumer confidence falls for 5th straight month in April
Tariffs remain a top concern as do concerns over stock prices and overall uncertainty about the economy HIGH POINT — Consumer confidence declined for a …
March existing home sales fall 2.4% from March 2024
Despite high inventory levels and sluggish year-over-year sales, prices continued to rise in all 4 regions WASHINGTON — Existing home sales in March declined 2.4% …
A conversation with Larry Mark, founder of retailer FWDG
Newsweek recently reported: “Thousands of retailers have announced closures across the U.S. in 2024, with a 69% surge on the number of shuttered stores in …
Why we should rethink the ‘No Buy 2025’ movement
In my last column, I called attention to the “No Buy 2025” movement and why I think this could hurt our industry. I explained the …
10 out of 10 with Kenny Larson, president and CEO of Slumberland Furniture
Here Home News Now contributor Mark Schumacher interviews the top executive of Slumberland, which has 127 stores in 12 states. Here, Larson talks about managing …
March furniture store sales rise 7.7% from March 2024
This marks the 8th straight gain for the furniture segment as some consumers are buying products before tariffs take effect WASHINGTON — Year-over-year furniture store …
Tariff uncertainty could stall new product commitments at market
Many likely will wait until tariffs become final sometime in early July before placing orders HIGH POINT — As with the manufacturing/supply side of the …
Chad Spencer named CEO of Ashley Global Retail
TAMPA, Fla. — Chad Spencer, the longtime chief executive of Ashley licensee Dufresne Spencer Group, has been named chief executive officer of Ashley Global Retail, …
