New factory orders for residential furniture tumbled 37 percent in July -- compared with July 2021 – as the industry continued to experience a significant slowdown in business. The data, included in the monthly Furniture Insights newsletter from the accounting and consulting firm Smith Leonard, also showed that July 2021 orders were 11 percent below July 2020. However, July 2020 new orders were up 39 percent over July 2019.
Industry leading 3D tech company Intiaro and case goods producer Durham Furniture have partnered to launch a state-of-the-art 3D visualization tool at the upcoming High Point Market.
Spring Air is expanding its environmentally friendly Nature’s Choice line at Boscov’s department stores, adding a sustainable story and an affordable price tag.
XPO Logistics, Inc., a leading provider of freight transportation services, today announced that Heidi Ratti will become chief human resources officer of RXO, the planned spin-off of XPO’s tech-enabled brokered transportation platform.
Mattress manufacturer Bedding Industries of America is building on the in-store and online success of its Fieldcrest collection with JCPenney, which is now available in over 250 stores across the country – more than doubling the number of JCPenney floors that feature the collection since its launch last year.
Driven by the improved performance of its domestic upholstery and case goods factories, Bassett Furniture Inds. said net income more than doubled in the quarter ended Aug. 27 on a 12.5 percent rise in sales.
Artist, interior designer, product designer, and founder of KMNelson Design, Kristi Nelson, will release the full breadth of her Euro-inspired vision during Fall High Point Market events Oct. 20 - 26. The designer had debuted select pieces of her “Grand Tour” concept collection with Chelsea House during Spring High Point Market earlier this year.