Daily News
From Home Furnishing Business
May 6,
2019 by Laurie Northington in Business Strategy, Industry 
A more affluent Generation X population paired with the sheer size of Millennials, now fully in adulthood, and Baby Boomers aging out of prime furniture buying years has created a shift in consumer spending over the past few years, according to data from the U.S. Bureau of Labor Statistics.
May 6,
2019 by Laurie Northington in Business Strategy, Designer Weekly, Industry
The International Society of Furniture Designers (ISFD) has announced its call for entries for the 24th Annual Pinnacle Awards set for October 29 at High Point University. ISFD has expanded categories to reflect the entire home furnishings industry.
May 6,
2019 by Laurie Northington in Business Strategy, High Point, Industry, Market
Three retailers joined the Furniture First buying group during the month of April. Key Home Furnishings in Lake Oswego, Oregon received approval just prior to last month’s High Point Market. Quarles Furniture in Bolivar, Missouri and Groen’s Fine Furniture in Dyer, Indiana were both approved in a board meeting last week.
May 3,
2019 by Laurie Northington in Business Strategy, Industry
Art Van Furniture has extended its employee family purchase pricing to metro Detroit, Michigan residents who are experiencing devastating water damage due to this week’s heavy rain and flooding. Pricing began May 2 through the Art Van Furniture and Mattress Emergency Flood Relief Program.
May 3,
2019 by Laurie Northington in Business Strategy, Industry
Nebraska Furniture Mart (NFM) has announced an in-store cyber pop-up shop in The Colony, Texas location from May 11 – July 31. Accentric Home will present its latest line of online-exclusive furniture and accessories to be showcased in the store for NFM shoppers wanting to see and touch before shopping online.
May 2,
2019 by Laurie Northington in Business Strategy, Industry
Hooker Furniture Corporation (NASDAQ:HOFT) has announced that Alex Reeves has been named president of the company’s Sam Moore division, a Bedford, Va.-based manufacturer of fashion upholstery specializing in fabric-to-frame customization.
May 2,
2019 by Laurie Northington in Business Strategy, Industry
After unexpected increases in January, new orders fell 5% in February from February 2018, according to a report by Smith Leonard accounting and consulting firm. This decline reduced year-to-date new orders to an increase of 1% over the first two months of last year.