August existing home sales fall 4.2% from August 2023
Despite a glut of unsold homes, prices continue to rise in all 4 regions of the US WASHINGTON — Existing home sales fell 4.2% in …
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Consumer Insights Now research sheds light on 2nd-half planned furniture purchases
Survey shows younger consumers that include Gen Z and millennials could represent nearly 70% of furniture purchases during the period HIGH POINT — Starting Monday, …
Malouf parent CVB Inc. recalls 137,000 platform beds
Beds can break, sag or collapse during use, posing fall and injury hazard to consumers WASHINGTON — A Logan Utah-based importer is recalling 137,000 platform …
Will more rate drops be needed to spur housing and furniture sales?
While this week’s 1st interest rate decrease in 4 years is indeed welcome, housing affordability remains a key issue, particularly for younger consumers WASHINGTON — …
August housing completions rise 30.2% over August 2023
Growth in completions and housing starts increase inventory levels as borrowing costs could drop further in light of this week’s 1st interest rate decrease in …
August furniture store sales fall slightly from August 2023
Year-over-year decrease was the smallest since March 2023, when sales fell 1.8% from a year earlier WASHINGTON — Furniture retail sales had their smallest decrease …
Breaking down the Big Lots bankruptcy
They say a single death is a tragedy; multiple deaths are a sanitation problem. Here in the furniture sector, we have what increasingly looks like …
A conversation with Emily McGarvey, Room & Board’s director of sustainability
Exec discusses the many earth-friendly initiatives the retailer has developed over the years, making it a leader in the field among its peers GOLDEN VALLEY, …
Consumers are cash-strapped, so it’s time for retailers to get creative
Any retailer planning on staying in the game realizes that future sales can hold the key to future solvency. According to a new CNBC survey, …
With politics dominating ad spaces, here are some ways retailers can still stand out
Picture me singing the following lines to the tune of Summertime, from Porgy and Bess: Election time, and the ads are quite sleazy Political smackdowns, …
