Home improvement retailer Lowe’s reports 10.3% increase in fiscal Q1 sales
Net income totaled $1.63 billion, compared with $1.64 billion the same period last year MOORESVILLE, N.C — Home improvement retailer Lowe’s Companies reported a 10.3% …
Tag: Up Close
Pending home sales rise 3.2% from April 2025
Numbers offer a positive outlook for actual closings in the coming weeks and months WASHINGTON — In a potential sign of positive news for the furniture …
Home Depot reports 4.8% increase in fiscal Q1 sales
Home improvement retailer also reports net income of $3.3 billion, compared with $3.4 billion last year ATLANTA — Home improvement retailer Home Depot reported a …
Homebuilder confidence rises slightly in May
Amid rising costs, many builders also are cutting prices in order to stay competitive WASHINGTON — Despite elevated mortgage rates and economic uncertainty relating to …
Bassett Furniture plants 250,000th tree as part of sustainability efforts
BASSETT, Va. – Bassett Furniture recently marked a corporate sustainability milestone, when Rob Spilman Jr., chairman and chief executive officer, planted its 250,000th tree in …
CNBC/NRF Retail Monitor shows increase in furniture spending from April 2025
Sales rose 2.6% from a year earlier, marking the 4th straight month of year-over-year gains in the furniture retail sector WASHINGTON — Furniture store sales …
Import figures reveal strongest manufacturing areas for key categories
Vietnam remained the top resource for wood furniture and upholstery, while China was the largest resource for metal furniture HIGH POINT — Earlier this spring, …
Export data reveals top categories, markets for US-made furniture
While overall shipments were down, certain markets proved to be fertile sales territory for wood furniture in particular RICHMOND, Va. — The latest furniture export …
Report shows 1.1% decline in pending home sales since March 2025
NAR analysis also shows a 1.5% increase since February, highlighting the importance of sales activity in the spring months WASHINGTON — The National Association of …
Williams-Sonoma relaunches Dormify
The retailer’s 10th brand addresses dormitories and compact living environments SAN FRANCISCO — Williams-Sonoma recently announced the launch of its 10th brand, Dormify. According to …
