Daily News
From Home Furnishing Business
February 3,
2025 by Karen Parrish in Business Strategy, Industry 
Flexsteel Industries, Inc., one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, reported second quarter fiscal 2025 results.
February 3,
2025 by Karen Parrish in Business Strategy, Industry
Michael Burton, a seasoned veteran of the home furnishings industry and vice president of sales for Uniters North America, has spent decades building a career defined by perseverance and dedication. Yet, it wasn’t until he faced the most formidable challenge of his life — a diagnosis of diffuse large B-cell lymphoma — that he truly discovered the depths of his resilience.
February 3,
2025 by Karen Parrish in Business Strategy, Industry
New orders were down 9% in November 2024 compared to November 2023, reverting to the negative trend seen in May – September 2024, after a reprieve in October 2024. Year to date through November 2024, new orders are now down 1% compared to 2023. However, new orders were up 5% compared to the prior month of October 2024.
February 3,
2025 by Karen Parrish in Business Strategy, Industry
Meridian Furniture, a fast-growing furniture brand with a vast product line of affordably priced, high-style designs, continues to increase its presence with leading independent retailers and designers. Most recently, the company partnered with Gardner White Furniture and Mattress on the outfitting of Chalet 313, a high-profile pop-up hospitality space by Downtown Detroit Partnership.
February 3,
2025 by Karen Parrish in Business Strategy, Industry
Alvin Smith joined the team at ELEKTRA's US subsidiary in Wilmington, North Carolina, as Senior National Sales Manager at the beginning of the year. The company develops high-quality and sustainable lighting solutions.
February 2,
2025 by Karen Parrish in Business Strategy, Industry
Bloomsburg News reported U.S. District Judge Charles Eskridge filed an order on Jan. 31 ruling that Tempur Sealy International, Inc. was cleared to move forward with its $4 billion acquisition of Mattress Firm, Inc.
February 2,
2025 by Karen Parrish in Business Strategy, Industry
The much debated and hyped tariffs are finally being levied on our closest trade partners (as reported on Yahoo!finance), and an additional 10% tariff imposed on China (in addition to the already 25% already levied on them). A 25% tariff will be placed on Canada and Mexico's goods (with a 10% duty on crucial energy imports from Canada; which is a nod to the fact that the reliance on the energy interdependence between the countries is understood).