January 15,
2018 by Larry Thomas in Business Strategy, Economic News, Industry 
Although sales of new and existing homes have shown steady growth since 2011, the figures still haven’t matched levels they achieved in 2007 – the year before the Great Recession – according to data from the U.S. Census Bureau and the National Association of Realtors.
January 8,
2018 by Larry Thomas in Economic News, Industry
Households in the top 20 percent of household income spend nearly 45 percent of disposable income on home furnishings and related equipment, according to data from the Bureau of Labor Statistics.
January 8,
2018 by Larry Thomas in Economic News, Financial Reports, Industry
Atlanta-based Havertys (NYSE: HVT) said it had a disappointing fourth quarter, with net sales falling 2.6% and comparable-store sales down 3.5%.
January 8,
2018 by Larry Thomas in Business Strategy, Economic News, Industry
Texas-based Rest Right Mattress has become the second online mattress retailer to begin accepting payments with Bitcoin, the popular cryptocurrency.
January 3,
2018 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Steinhoff International, the troubled parent company of Mattress Firm and a number of other furniture retailers and manufacturers in Europe, Asia and Africa, said an investigation of its finances revealed the company will have to restate its financial statements from the 2015 and 2016 fiscal years.
January 2,
2018 by Larry Thomas in Economic News, Industry
The percentage of income spent on furniture and appliances varies little between low- and high-income households, according to the latest Consumer Expenditure Survey from the Bureau of Labor Statistics.
January 2,
2018 by Larry Thomas in Economic News, Industry
Furniture factory orders rebounded in October, registering an 8% increase over the same month in 2016, according to the latest survey from the Smith Leonard accounting and consulting firm.