President Trump’s 10% credit card interest rate cap draws industry reaction
Move could bring welcome relief to many consumers, but also could limit financing for higher-risk consumers WASHINGTON — On Jan. 9, President Trump announced via …
Category: Retail
Retail category is about stores and their stories.
ASI bankruptcy’s stain on the entire industry
End consumers can’t understand why they can’t get their furniture WILMINGTON, Del. — A story out of Tampa, Florida, via WFLA TV features a disgruntled …
New and existing home sales data is good news for the furniture industry
Both segments show growth, although pricing appears more competitive in new construction as builders offer incentives to move product WASHINGTON — The latest figures in …
E-commerce sales remain strong through 3rd quarter
Strength in segment creates challenges, opportunities for retailers in the year ahead and beyond WASHINGTON — E-commerce sales rose in the third quarter compared to …
Flexible finance options help retailers stay competitive
Shoppers of all income levels are increasingly seeking financing HIGH POINT — In home furnishings retail, long-term financing options have been prevalent for quite some …
Furniture store sales fall 1.4% from November 2024
Sales in the sector also declined slightly from October WASHINGTON — Across all retail categories, the U.S. Department of Commerce reported a 0.6% increase from …
Ten out of 10:00 with Peter Theran, CEO of the Home Furnishings Association
In this exclusive interview, Home News Now contributor Mark Schumacher speaks with the top exec of the furniture retail association about the biggest issues impacting …
Sensational Sofas & Interiors going out of business after 37 years
MEMPHIS, Tenn. — Sensational Sofas & Interiors will close permanently after providing Memphis and surrounding communities with high-quality home furnishings for 37 years. The final …
NRF report shows furniture store sales down nearly 1% from December 2024
However, sales were up .33% from November, suggesting a slight uptick in holiday spending WASHINGTON — Furniture store sales were down by .82% from December …
Bob’s IPO filing offers a window into the company’s business
Company size and profitability, along with risk factors and opportunities, are highlighted in its registration statement filed with the US Securities and Exchange Commission MANCHESTER, …
