Gamburg’s Furniture to close after 94 years in business in Pennsylvania
Store closing occurs with the retirement of owners Sidney and Joyce Gamburg HATBORO, Penn. — Retailer Gamburg’s Furniture is going out of business after 94 …
Category: Retail
Retail category is about stores and their stories.
Survey predicts consumers will be looking for deals in all product segments
If the old chestnut about misery loving company is true, then the home furnishings sector should not feel alone — especially when the topic centers …
Providence Enterprises opens new Ashley showroom in Morristown, Tennessee
MORRISTOWN, Tenn. – On Aug. 10, 2023, Providence Enterprises, LLC celebrated the grand opening of its new 27,000 sq. ft. Ashley showroom located at 130 Terrace …
Consumer confidence drops in August
Lower index erases gains seen in June and July as consumers deal with higher gas prices and interest rates WASHINGTON — Consumer confidence fell in …
CPSC urges consumers to stop using certain Classic Brands gel memory foam mattresses
Because the company is going out of business, the CPSC said it is unable to conduct a recall of the products WASHINGTON — The U.S. …
Mitchell Gold + Bob Williams plant closings to leave void in the luxury retail furnishings segment
Company also has an extensive network of more than 25 stores around the country, as well as retail outlets and virtual design destinations TAYLORSVILLE, N.C. …
La-Z-Boy appears well positioned for growth
Company has its eye on expansion during challenging times MONROE, Mich. — On the surface, current year-over-year sales comparisons — particularly in the furniture industry …
Lowe’s Companies reports 9.2% decrease in Q2 sales
Company remains profitable with net earnings of $2.7 billion for the quarter ended Aug. 4 MOORESVILLE, N.C. — Home improvement retailer Lowe’s Companies reported 9.2% …
La-Z-Boy reports decline in fiscal Q1 net sales
Written same-store sales for company-owned stores rose 2%, driven by strong individual store performance and an increase in design business MONROE, Mich. — La-Z-Boy Inc. …
Year-over-year July existing home sales fell 16.6%
High interest rates and available inventory impact activity throughout the US WASHINGTON — Year-over-year existing home sales fell 16.6% in July, a sign that high …
