Ethan Allen reports 17.7% decline in Q2 sales
Company also ends the quarter with reduced inventory levels and a total of $167.8 million in cash and investments with no debt outstanding DANBURY, Conn. …
Category: Retail
Retail category is about stores and their stories.
HFA announces Retailer of the Year winners
CARMICHAEL, Calif. — The Home Furnishings Association has announced the 2024 Retailer of the Year winners. Furniture industry companies earning recognition include Ashley Furniture Industries, …
Furniture First forms 4th store owners’ performance group
1st in-person meeting planned for Feb. 12-15 at Marty Rae’s of Lexington, South Carolina MIDDLETOWN, Penn. — Furniture First has announced the formation of a …
Clive Daniel Home wins Best Furniture Store Multiple Locations award at 34th ARTS Awards Gala
FORT MYERS, Fla. — Interior design resource Clive Daniel Home has once again secured its position as an industry leader by clinching the esteemed Best …
Wayfair to reduce its global workforce by 13%
Move will result in 1,650 layoffs, save company $280 million a year BOSTON — Wayfair is reducing its global workforce by 13%, a move that …
Ashley to open 9th store in Phoenix area
QUEEN CREEK, Ariz. — Ashley will officially open its newest retail store on Saturday, January 20 in Queen Creek, Arizona. The new 34,986 sq. ft. …
Furniture store sales fell 4.7% in December from prior year
For the full 12 months, sales fell 5.4% compared to calendar year 2022 WASHINGTON — Furniture store sales were once again one of the worst …
Scherer’s Furniture to close its doors after 127 years in business
Liquidation handled by Planned Furniture Promotions begins Jan. 18 BUFFALO, N.Y. — Family-owned and -operated Scherer’s Furniture will close permanently after serving western New York …
Anti-tip restraint recall is latest challenge for case goods segment
Announcement impacts many more bedroom resources than the 31 listed in the CPSC notice HIGH POINT — Last week’s recall of anti-tip restraint kits produced …
Furniture First adds 2 new members to its ranks
MIDDLETOWN, Penn. — Furniture First capped off 2023 with the addition of two retailers to its rank of members: Blowing Rock Furniture Gallery in Blowing …
