2023 was not an easy year for the furniture industry. Will 2024 be any better?
Issues ranging from tip-over regulations to closings and bankruptcies created both challenges and opportunities HIGH POINT — The year 2023 started with one of the …
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CIN research shows (low) pricing remains a critical driver of most home furnishings purchases
Survey on buying plans for the second half echoes a familiar theme: Consumers don’t want to pay a lot for their furniture HIGH POINT — …
Karat Home seeks to buy Z Gallerie e-commerce assets
Court hearing for proposed sale is planned for Dec. 28 HACKENSACK, N.J. — Karat Home, a home textile and furniture e-commerce company based in Texas, …
Decline in existing home sales slows
7.3% year-over-year decrease in November is the lowest recorded by the National Association of Realtors so far this year WASHINGTON — Existing home sales fell …
Year-over-year housing starts, residential building permits rise in November
Housing completions fall in November compared to 2022, but rise 5% over October WASHINGTON — Housing construction appeared to begin making a turnaround in November …
Tip restraint recall expected in early January 2024
Millions of tip kits are being recalled because they can become brittle and break, posing a tip-over hazard on clothing storage units HIGH POINT — …
Musings on executive changes at Norwalk
HIGH POINT — As a firm believer in the “if-it-ain’t broke-don’t-fix-it mindset,” I’m struggling to wrap my mind around why Norwalk Furniture opted to shuffle …
Chaddock receives $200K grant from NC Department of Commerce
Company will use money toward $952K in plant improvements that continue to elevate the work environment for its employees MORGANTON, N.C. — Luxury furniture manufacturer …
Conn’s acquires W.S. Badcock from Franchise Group
Deal will create a store network with more than 550 retail locations and combined revenues of $1.85 billion THE WOODLANDS, Texas — Conn’s Inc. has …
Furniture industry ranks low in reshoring report
Higher-tech industries represent lion’s share of employment opportunities with 65% of the total jobs created SARASOTA, Fla. — A recent report from the Reshoring Initiative …
