Bassett reports continued profitability in Q1, despite 5.1% drop in sales
Wholesale segment of business also reports a boost in operating income representing 16.4% of sales BASSETT, Va. — Bassett Furniture reported a 5.1% drop in …
Category: Retail
Retail category is about stores and their stories.
Ashley opening its newest store in Gurnee, Illinois, April 12
GURNEE, Ill. — Ashley, the largest furniture store brand in North America, will officially open its newest retail store on Saturday, April 12, in Gurnee, …
The Last Word with Mary Domito, president and CEO of retailer Taos Lifestyle
In this latest edition of the Last Word, Home News Now Editor-at-Large Ray Allegrezza interviews the president and chief executive officer of Taos, New Mexico-based …
Consumer confidence falls 7.2 points in March
Monthly survey reflects growing concerns in the marketplace over tariffs WASHINGTON — The Conference Board reported the Consumer Confidence Index fell 7.2 points this month, …
Bassett opens Design Center at Factory Furniture
ESTILL SPRINGS, Tenn. – Factory Furniture converted 2,800 square feet of showroom space to a Bassett Design Center in February. The gallery program is centered …
The Last Word with Jamar Wray of Broad River Retail
In this latest episode of The Last Word, Editor-at-Large Ray Allegrezza interviews Jamar Wray, one of Broad River Retail’s most successful sales professionals. Here he …
February existing home sales dip slightly from a year ago but rise from January
Prices continue to rise further, pricing many younger consumers out of the market WASHINGTON — February existing home sales declined slightly from February 2024 but …
Year-over-year home construction activity declines in February
However, monthly gain in housing starts suggests building activity could increase in the warmer spring and summer months WASHINGTON — February housing construction activity lagged …
Stickley’s retail footprint remains an important part of its 125-year brand legacy
Stores offer the company and its customers a direct link to consumer style preferences and purchases FAYETTEVILLE, N.Y. — Dating back nearly 100 years, furniture …
What will higher Canadian softwood lumber tariffs mean for housing industry?
Some say that increased raw material costs will raise the cost of new construction, which could price many buyers out of the market WASHINGTON, D.C. …
