The southern and western states are the biggest beneficiaries when Americans move, as data from the U.S. Census Bureau shows the South and West had the greatest net increase in population from movers from 2015 to 2016.
Hooker Furniture (NASDAQ: HOFT) reported a double-digit profit increase in the quarter ended Oct. 29 as sales rose 8.7% to $157.9 million.
Buoyed by improvements in its long-suffering credit business, retailer Conn’s Inc. (NYSE: CONN) recorded a profit of $1.57 million or 5 cents per share in the quarter ended Oct. 31.
Momentum from Abbyson’s recently bolstered digital strategies has resulted in a 40% increase in sales volume compared to last year, in the period between Black Friday and Cyber Monday.
Retailer RH (NYSE: RH) said third-quarter profits leaped to $13.2 million or 56 cents per share as the company began to reap the benefits of a new membership business model and streamlined operations.
The mobility patterns of homeowners and renters are very similar, with the vast majority of each group choosing to move within the same county, according to data from the U.S. Census Bureau’s Current Population Survey 2016.
Furniture factory orders tumbled 10% in September, the first monthly decline in more than a year, according to the latest monthly survey from the Smith Leonard accounting and consulting firm.