Noble House Chapter 11 bankruptcy declaration cites familiar industry challenges
Filing describes a host of issues that caused sales to decline and losses to mount dramatically over the past year CHATSWORTH, Calif. — A combination …
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Filing describes a host of issues that caused sales to decline and losses to mount dramatically over the past year CHATSWORTH, Calif. — A combination …
Despite the drop, sales activity is still hovering above pre-pandemic levels, including in August 2020 after stores had reopened and demand for furniture started to …
Despite a relatively strong holiday weekend, many are keeping their eye on other economic indicators, namely interest rates and existing home sales HIGH POINT — …
Results highlight softened demand in the industry and company’s exits from unprofitable segments of the business MARTINSVILLE, N.C. — Hooker Furnishings reported a drop in …
Preliminary results released Sept. 6 show net sales were 26% lower than the same period in 2022 BASSETT, Va. — Upholstery and case goods manufacturer …
Furniture remains a key category for both retailers. Will it be a drag on these businesses moving forward? HIGH POINT — A look at both …
Company is making headway from previous quarters despite ongoing challenges in the marketplace DUBUQUE, Iowa — Flexsteel’s latest quarterly results released last week show a …
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. …
Company’s profitability increases during the quarter and the full fiscal year DUBUQUE, Iowa — Flexsteel Industries reported a double-digit decrease in net sales for its …
WHITE, Ga. — Rug and home furnishings resource Surya has been named to the Inc. 5000 list for the 10th time, the company announced on …