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 …
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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 …
Year-over-year November furniture store sales fall 7.3%
Electronics and appliance stores, followed by restaurants and bars and health and beauty stores, all posted double-digit gains during the period WASHINGTON — Year-over-year furniture …
Breaking News: Norwalk undergoes executive restructuring
Company board of directors names Dennis Camp interim president, long-time President Caroline Hipple assumes temporary role as brand adviser and creative director NORWALK, Ohio — …
Musings on the promises of AI and what it can do for us humans
We end the calendar year with a bunch of coal in our stockings: bankruptcies, rising loan rates, diminishing demand for discretionary goods, and the specter …
