April 19,
2017 by Larry Thomas in Economic News, Industry 
Case goods resource Stanley Furniture (NASDAQ: STLY)said first-quarter sales slipped 4.2%, but the company slashed its net loss to $416,000 or 3 cents per share.
April 17,
2017 by Larry Thomas in Economic News, Industry
Paced by skyrocketing medical costs, prices in the services sector have gone the opposite direction as furniture and other durable goods since the Great Recession ended, according to data from the Bureau of Labor Statistics.
April 13,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Pier 1 Imports (NYSE: PIR) said sales slipped 2.6% in the fourth fiscal quarter, but net income shot up more than 42% as the retailer boosted gross margins and controlled operational costs.
April 10,
2017 by Larry Thomas in Economic News, Industry
Unlike furniture, home furnishings and most other durable goods, new car prices have risen steadily in recent years, according to data from the Bureau of Labor Statistics.
April 10,
2017 by Larry Thomas in Economic News, Industry
HHGregg began liquidation sales at its remaining stores over the weekend after the bankrupt retailer of electronics, appliances and furniture retailer was unable to find a buyer.
April 3,
2017 by Larry Thomas in Economic News, Industry
Furniture isn't the only sector of the durable goods category that has seen price erosion in recent years, according to data from the Bureau of Labor Statistics. Televisions and personal computers, in fact, have recorded steeper price declines than furniture since 2010, even though the cost of using those devices has gone up.
March 31,
2017 by Larry Thomas in Economic News, Industry
Leather upholstery major Natuzzi (NYSE: NTZ) said worldwide sales fell 6.4% in the 2016 calendar year, but the company slashed its net loss by more than half due to operational improvements that boosted gross margins.