Smith Leonard: January residential furniture shipments up 4% from January 2024
New orders were down 3% during the same year-over-year period HIGH POINT — January residential furniture shipments rose 4% from January last year and also …
Category: Supply chain logistics
Bassett reports continued profitability in Q1, despite 5.1% drop in sales
Wholesale segment of business also reports a boost in operating income representing 16.4% of sales BASSETT, Va. — Bassett Furniture reported a 5.1% drop in …
Trump tariffs could hit furniture imports hard
China faces additional 34% tariff, while Vietnam faces 46% rate WASHINGTON — Some of the furniture industry’s largest source countries would be hit with tariffs …
Exit from Savannah warehouse aims to create long-term savings for Hooker Furnishings
Despite initial net charges, company expects estimated annual savings of up to $4.5 million starting in FY 2027 MARTINSVILLE, Va. — Hooker Furnishings expects to …
CPSC announces recall of 220 dressers sold on Wayfair.com
Units pose tip-over, entrapment hazard to children if not properly anchored to the wall WASHINGTON — The United States Consumer Product Safety Commission has announced …
Arteriors announces tariff-related price adjustment
Average 3% price increase will take effect May 5 LEWISVILLE, Texas — Furniture, lighting and accessories resource Arteriors is implementing a price increase to help …
Many premarket conversations revolve around tariffs
Uncertainties are said to be causing some retailers to delay decisions on product purchases HIGH POINT — Tariffs dominated many conversations at the recently concluded …
Gat Creek shifts to a 2K urethane finish
Case goods manufacturer said new finish has more clarity, is more durable and also is formaldehyde free compared to previous catalyzed lacquer BERKELEY SPRINGS, W.Va. …
Progressive Furniture plans to close its doors by year end
Company attributes decision to soft business conditions, closing of key suppliers and overall economic uncertainty CLAREMONT, N.C. — Wood furniture importer and manufacturer Progressive Furniture …
CPSC announces recall of 28,590 chests sold at walmart.com
Units are unstable if not anchored to the wall, posing a tip-over and entrapment threat to children WASHINGTON — The U.S. Consumer Product Safety Commission …
