Miskelly amps up relationship selling in response to the slowdown
JACKSON, Miss. — There’s no doubt 2022 is turning into a correction year for furniture retailers. They recognize business was at an artificial high, and …
Category: Sales and earnings
Legends Furniture looks to better times ahead with new hires
Company believes added personnel put company on solid footing for when demand rises once again TOLLESON, Ariz — Case goods and mattress manufacturer Legends Furniture’s …
DOC: Furniture stores sales climb 1.9% in May
The industry trails most sectors except those of other big tickets WASHINGTON — U.S. furniture and home furnishings store sales increased 1.9% in May from …
Slowing demand exacerbates retailers’ cash-flow problems
Now some furniture retailers are further imperiled by high-interest loans ENFIELD, Conn. — The cash-flow crisis that Planned Furniture Promotions Tom Liddell has been warning …
Furniture store sales inch up in April
WASHINGTON — Sales at U.S. furniture and home furnishings stores rose less than 1% in April from the same month a year ago, providing new …
Man Wah reports double-digit increases in sales, net profits for year ended March 31
HONG KONG – Motion and stationary upholstery manufacturer Man Wah Holdings announced it had a 28.6% increase in sales and a 16.8% increase in net …
No slowdown at Arhaus
BOSTON HEIGHTS, Ohio — Arhaus’ first quarter results reflect a bifurcation in the experience of home furnishings retailers today. On one hand, we have the …
Blog: Wayfair says sudden supply glut plays to its favor
But does it when consumers go from cooling their heels to cooling their interest? BOSTON — As spending on furniture appears to be slowing and …
Wayfair swings to a Q1 loss, stock plummets
BOSTON — The brutal day on Wall Street Thursday was even worse for Wayfair. The home furnishing e-commerce giant and No. 1 on Home News …
Blog: The furniture industry’s tough week on Wall Street
And that’s before last week’s market rout; looking for good news heading into summer A trophic cascade of woes is throwing gasoline on what previously …
