Slow housing market impacts Havertys’ Q4, full-year sales, earnings
Design consultants grow in importance to overall sales, representing nearly 32% of written business ATLANTA — Facing an ongoing housing slowdown that has impacted both …
Category: Retail
Retail category is about stores and their stories.
Broad River plans westward expansion with new Ashley store in Washington state
At more than 100,000 square feet, the location in a former Macy’s department store would be the retailer’s largest SPOKANE, Wash. — As it prepares …
La-Z-Boy’s latest earnings call highlights areas of success and opportunity
Company remains steadfast in its approach to retail store development, investing some $19 million in capital expenditures for the segment during its latest quarter MONROE, …
Old Brick Furniture and Mattress promotes Rachael Clark to chief operating officer
ALBANY, N.Y. — Rachael Clark has been promoted to chief operating officer at Old Brick Furniture and Mattress Co., a new position. She has been …
Wayfair reports slight increase in Q4 revenues, narrows net loss
Growth in US revenues offsets decline in international revenues BOSTON — Driven by sales increases in the U.S. market, Wayfair reported a slight increase in …
January housing completions rise 9.8% from January 2024
Meanwhile building permits and housing starts falter during the same period, signaling a possible decline in completions later in the year WASHINGTON — Housing completions …
La-Z-Boy reports strong fiscal Q3 performance
Improvements in retail and wholesale segments of the business drive a 4% gain in quarterly revenues MONROE, Mich. – Driven by strong sales across its …
Evidence mounting of a brick-and-mortar comeback
Exactly one year ago, I wrote of the seeming revivals of malls, train heists and piracy. We’ll call this column Throwback Tuesday, because since mid-February 2024, …
Conference Board offers economic outlook for year ahead
Decreases in residential investment are expected to slow in the 2nd and 3rd quarters WASHINGTON — A recently released economic forecast from The Conference Board …
January furniture store sales rise 3.7% over January 2024
Sector has its 5th year-over-year gain since September 2024, offering a glimmer of optimism for the industry this year WASHINGTON — Furniture store sales continued …
