20 stories
Tariff Refunds Lift Furniture Results as Port Talks ContinueBob's Discount Furniture and Havertys book IEEPA tariff refunds in third-quarter results. LA and Long Beach terminal security talks run through Friday, and…
One side insists there is no problem. The other sometimes has a quota to prove there is.
A national factory survey puts furniture first for rising raw-material prices. Plus the LA and Long Beach port security deadline moves to Wednesday night.
Home buying hit a record low going into the holidays. Plus tariff refunds stuck on missing bank details and a possible port strike in Southern California.
When traffic slows, leaders set the mood. The best ones take market share.
Higher rates have customers wary of big purchases, and mattress import duties are staying put. Plus port fees and tariff refunds.
Ocean rates from Asia are inching up too, just as fewer homes go under contract before the holidays. Plus Ethan Allen, Southern Motion and tariff refunds.
U.S. furniture output fell for a second straight month and sits 4.1% below a year ago. Builders report the weakest buyer traffic since 2012. West Coast ports just had a record September.
The manufacturers who chase every new account end up losing the retailers who made their products successful in the first place.
Furniture stores sold more in September, but fuel, freight and factory costs are climbing while shelf prices fall. Here's how to protect your margin.
Fewer signed home deals means fewer move-in furniture tickets into the holidays. Pending sales fell to their lowest level since 2014.
Less freight is moving than a year ago, but trucks cost about a third more. Here is why that won't fix itself.
Furniture stores sold 2.7% less than a year ago in September while every other retail category grew.
Orders, shipments and backlog rose together for 3 months. Factory jobs haven't followed.
PART ONE OF TWO
Mortgage Rates Jumped to 7.28%. Housing Still Drags Tickets.Today's big number is the mortgage rate. Freddie Mac's 30-year fixed average printed 7.28%, up from 7.03% last week. That’s a sharp weekly move, and it…
Census says our industry sold less this summer than we thought. Consumer confidence slipped again. Plus: Ethan Allen's board fight, a new patent case hitting recliners, and no news on tariff refunds.
Today's big number is new-home sales. August came in at a 684,000 annual pace, better than July but still below last year. Meanwhile, more homes are for sale, prices are softening, mortgage rates went back up, and…
Builder confidence fell to one of its lowest readings since 2012 and May housing starts dropped nearly 10%, cooling a key source of furniture and bedding demand.
Household furnishings prices were 0.6% lower than a year earlier in October, pending home sales jumped 7.4%, and Havertys named its next chief executive.
