Industry suppliers seek to calm retailer concerns amid tariff upheaval
Fluidity of situation requires a steady flow of information, including the latest pricing — but as one industry source noted, this has materialized into something …
Category: Supply chain logistics
Mark Schumacher to launch podcast on Home News Now
10 out of 10 to address timely issues, developments with industry leaders across the retail and supply sides of the business HIGH POINT — Industry …
Thoughts on the M&A market for furniture in 2025
HIGH POINT — We believe we are on the cusp of a new M&A wave, and our team is gearing up for a huge season …
Fairness? Step away from the Kool Aid
In recent days, I’ve heard a number of my industry colleagues speak in favor of tariffs. Whether it’s in the interest of fairness or of …
Bermex Furniture purchase of Saloom presents opportunities for both brands
Sale is expected to close in the next few weeks, giving Bermex a strong foothold in US manufacturing WINCHENDON, Mass. — When a fire broke …
Kuka Home opens new Vietnam plant
BINH DUONG, Vietnam — Kuka Home has officially opened its newest manufacturing facility in Binh Duong, Vietnam, adding 624,000 square feet of dedicated production space to …
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 …
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 …
