Business

GoodWeave has announced a public service advertising campaign “Tell Them I Made It” o connect consumers to the people who make the goods they buy and under what conditions.

The Home Furnishings Association (HFA) has named Florida-based CITY Furniture as its 2022 Retailer of the Year in the category of retail stores with more than 50 employees.

The U.S.-based home textiles manufacturer has launched a dedicated rug division following a strong positive response to VCNY Home produced washable and reversible area rugs.

RH reports record fourth quarter and fiscal year 2021 results, and company Chairman & CEO Gary Friedman outlines the historic results in a letter to shareholders.

Amer Rugs has named flooring veteran Charles Carter as sales manager. He is tasked with helping grow Amer retail presence.

Designer Stacey Garcia, who has been growing her home fashions reach, has hired Allen Rolleri as director of licensing and business development.

Emily Erusha-Hilleque has joined the department store retailer as senior vice president for Macy’s private brands and will lead the nameplate’s private brands, including apparel, center core and home design.

Target's new Target Zero initiative will reduce waste by creating an assortment designed to be refillable, reusable, or compostable, made from recycled content, or made from materials that reduce the use of plastic across Target’s Beauty, Personal Care and Household Essentials.

U.S. consumer spending maintained positive momentum in February, with furniture and furnishings sales spiking around the traditional President’s Day weekend, according to Mastercard SpendingPulse.

The Laddha family, owners of LR Home, are continuing their long-standing commitment to make a difference in the lives of the people of Mirzapur, India, with the financing of a new surgery center.

Loloi Rugs has made a combined $100,000 donation to the International Rescue Committee and the International Committee of the Red Cross to support humanitarian aid efforts for the people of Ukraine

2021 proved the best year in BJ Wholesale Club's history with strong Q4 and full. year results, as a result the company announced it is continuing its expansion by opening four new clubs.

Overstock CEO Jonathan Johnson reviews the online retailer's strategy, how it is working to reduce costly returns, and investing in next-level augmented reality tech.

Retailer to expand capacity and capabilities in its stores, digital experience and supply chain.

Bassett Furniture has completed the sale of its wholly-owned subsidiary Zenith Freight Lines to J.B. Hunt Transport Services, Inc., a supply chain solutions providers in North America.

Target Corp.'s fourth-quarter performance capped off a year of record growth in 2021, with all core categories, including home, experiencing double-digit growth.

Loloi has released its 2022 catalog, with over 500 pages of photographed images featuring Loloi’s extensive collection, showrooms and warehouse.

Online washable rug retailer Ruggable continues to expand its licensing partnerships, introducing 28 chenille rugs featuring Marvel super heroes, including Spider-Man, Black Panther, Iron Man and Captain America.

The home improvement retailer delivered very strong financial results in 2021, with sales momentum continuing in February, raising its outlook for the operating results of Full Year 2022.

The TJX Companies, Inc. reports U.S. open-only comp store sales growth of 13 percent for Q4 FY22 vs. Q4 FY20, and FY22 U.S. open-only comp sales up 17 percent.

Macy's fourth quarter helped deliver a strong end to a solid year, and the company plans to bolster its omnichannel approach and expand its off-mall, small-format Market by Macy’s and Bloomie’s stores in 2022.

At Home, a home décor superstore, will open six new stores in February, bringing the retailer’s store count to 241.

The home furnishings manufacturer has purchased certain property, plant and equipment assets of Dimension Wood Products located in Claremont, North Carolina, and which manufactures wood frames and machined parts used in upholstery manufacturing.

The retail behemoth reports  that total revenue was $152.9 billion for the fourth-quarter 2021, up 0.5 percent, and that total revenue was $572.8 billion for the year-ended.

Rao Joins as Chief Science Officer; Nagrani to Lead Global Supplier Marketplace

Online retailer Rugs Direct reviewed 280 million user interactions over the course of 10+ years to analyze the decade's most popular interior design trends at the top five social media sites.

Home furnishings retailer Havertys Furniture reported record-breaking sales of $1 billion report, following another record-breaking quarter in sales.

U.S. retail sales excluding auto increased 7.2 percent year-over-year, with online sales growing 10.4 percent and in-store spending up as well, according to Mastercard SpendingPulse's latest report.

Rugnews.com surveys flooring retailers across the nation on their 2022 area rug outlook -- which remains bullish -- and learns they have big plans for the category.

Ethan Allen opens its seventh location in Connecticut highlighting company commitment to personal design service combined with technology.

After two years in development, Kaleen has launched an easy-to-use custom broadloom sample display system geared toward furniture stores and rug retailers.

The Origin21 brand is part of Lowe's new "House of Style" campaign and it joins and complements Lowe's popular home décor private brand, allen + roth, that delivers timeless and traditional looks.

Bassett Furniture reports operating profit of $7.1 million for Q4 was behind last year due to margin pressure in our wholesale and logistics operations and higher spending levels, however operating profit for the full year were $26 million, the highest level since 2017.

Online washable area rug e-tailer Ruggable has launched a new collection of rugs inspired by the work of Pop Artist Keith Haring.

Longtime Home Depot exec Ted Decker is promoted to CEO and president, and present chairman and CEO Craig Menear will continue as chair of the board.

The  B2B trade show organizer has announced that Karol Sullins has joined as executive director of leasing for Total Home & Gift Temps, which plans to expand that marketplace for the June 2022 event.

Caroline Russell joins International Market Centers as design services manager; IMC sets AmericasMart “Market Wednesday” dates set through 2022.

Karastan celebrates Dealer of the Year Nebraska Furniture Mart, the retailer’s successful Stacy Garcia Home program, and invites Vegas market attendees to the debut of a new Garcia program open to all retailers.

CB2 surveys designers for a look at their inspiration for 2022, and insights into 2021 challenges that in impacted home purchases, shaped interior design trends, and more.

Sales and e-commerce veteran Dana Stevens joins LR Home in newly created position.

Both new and existing Dallas Total Home & Gift buyers -- which included buyers from Tuesday Morning, Dillards, Michael’s Stores, The Container Store, At Home, JC Penney, HOM Furniture, Soft Surroundings, and Nebraska Furniture Market -- attended the January 2022 show in record numbers.

Stanton expands its sales team with several additions including naming Brian Witkin, named NE regional Vice President.

Dean Howell, president of Moda Floors & Interiors, was elected chairman of WFCA, which also announces the 2022-23 executive committee team.

The domestic area rug manufacturer promotes of four key employees to support anticipated growth and announces new introductions for Las Vegas Market.

Industry veterans Sharmeelee Bala and Katie Mullen joined the company to accelerate innovation as JCPenney continues its transformation.

The family-owned furniture maker and retailer reports its 2021 corporate social responsibility and lays out its 2022 goals.

Omnichannel retailer Lightopia and Rugs Direct, following the acquisition, will establish a portfolio of mid- to high-end e-commerce home furnishings brands.

 Imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022 but volumes will remain high, reports the National Retail Federation and Hackett Associates.

Retail sales in December closed out the year on a high note, following a robust holiday season, where retail sales grew 8.5 percent.

The home décor superstore has launched an exclusive collection with Emmy Award-winning TV Host, designer and author Ty Pennington that features hundreds of items from wall art, textiles, furniture and patio to kitchen and dining, rugs, lighting, and home accents.

Pottery Barn Kids, a portfolio brand of Williams-Sonoma, debuts the ‘LEGO x Pottery Barn Kids’ collaboration, designed in partnership with the LEGO Group, and which includes bedding, rugs and decorative accessories.

CCA Global Partners announced that the Winter Convention for Carpet One Floor & Home, Flooring America/Flooring Canada, ProSource and the Floor Trader scheduled in Orlando is cancelled due to COVID-19 concerns.

RugNews.com surveys a cross-section of area rug manufacturers and retailers from HOM Furniture to Overstock to find out what rugs scored big in 2021.

Molly Mays joins LR Home as director of key accounts and business development leader, tasked with heading and growing sales within national furniture accounts while assisting the creative process, design and color direction.

Holiday retail sales, excluding automotive, increased 8.5 percent year-over-year this holiday season, with online sales growing 11 percent compared to the same period last year.

Consumer spending was up overall, it decelerated compared to last year, while store visits exceeded pre-pandemic levels so far this holiday retail season.

Forty-six plan to increase online shopping relative to last year and 69 percent of holiday shoppers believe it’s important to give gifts that support a good cause, according to the survey by Mastercard. 

Flooring retailers set records in 2021, and many credit soft surface sales for the strong results. RugNews.com surveys a cross-section to find out what's behind the increase and what these retailers predict for rug sales heading into 2022.

With 2021 sales surpassing pre-pandemic levels, the eponymous decorative wall textiles and area rug atelier unveils a new showroom at the New York Design Center at 200 Lexington Ave.

The home furnishings retailer and manufacturer celebrated 90 years in business via an online convention, which featured Ned Lamont, Governor of Connecticut, and CEO Farooq Kathwari.

The family-run business has again pledged  $25,000 this holiday season to Feed My Starving Children, a nonprofit that delivers healthy meals to starving children in 70 countries around the world.  

The online retailer will open with three brick-and-mortar retail stores in Massachusetts, including its first for two specialty retail brands AllModern and Josh & Main.

The handmade rug producer's 1,722 sq. ft. store will showcase more than 10 different collections from leading designers from India and Europe, including its Wunderkammer line from Matteo Cibic.

Nearly 180 million Americans shopped during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the National Retail Federation's annual survey.

At the annual BDNY boutique hotel fair held in New York City, attendees swarmed the event and some vendors expect the category to return to pre-pandemic levels late next year, early 2023.

U.S. retail sales during Thanksgiving weekend rose 14.1 percent year-over-year and 5.8 percent compared to 2019, excluding automobile sales, with more shoppers heading to stores, according to Mastercard SpendingPulse.

Juniper has announced the hiring of Ray Shikatani, a 30-year veteran of Canada’s gift and home B2B industry, as its new country manager for Canada. 

The discount retailer announced Q3 FY22 overall open-only comp store sales increased 14 percent over Q3 FY20, the third consecutive quarter that overall open-only comp store sales increased mid-teens or better, and that Q3 FY22 net sales increased of 20 percent compared to Q3 FY20.

The home improvement retailer  reported sales of $36.8 billion for the third quarter of fiscal 2021, an increase of $3.3 billion, or 9.8 percent from the third quarter of fiscal 2020, with comparable sales for the third quarter of fiscal 2021 increasing 6.1 percent.

The department store's quarterly net sales and earnings exceeded expectations, with comparable sales up 37.2 percent on an owned basis and up 35.6 percent on an owned-plus-licensed basis.

The superstore released its third-quarter results and posted comparable sales growth of 12.7 percent, with double-digit growth in all five of its core merchandising categories.

Nearly 2 million more people than last year are expected to shop from Thanksgiving Day through Cyber Monday even as consumers have continued the trend of starting their holiday shopping earlier, according to the National Retail Federation and Prosper Insights & Analytics.

The home improvement retailer reported sales of $36.8 billion for the third quarter of fiscal 2021, an increase of $3.3 billion, or 9.8 percent from the third quarter of fiscal 2020.

CarpetsPlus and Carpetland USA retailers were introduced to innovative area rugs and custom options from longtime rug suppliers and newcomers in materials from wool to woven vinyl.

RugNews.com speaks with a dozen area rug industry leaders to assess category sales, year-end projections, and the highs and lows of 2021.

The retail behemoth, after introducing the Gap Home program earlier this year, expands it with stronger online presence and in-store capsule collection launch.

Bed Bath & Beyond and buybuy Baby selection to be sold on Kroger.com and in select physical stores beginning in 2022.

The iconic NYC home furnishings retailer announced that it is under new ownership, and its two locations remain open for business.

IMC's JuniperMarket, a B2B e-commerce marketplace, plans for a December launch of tens of thousands of SKUs per day from industry-leading gift, home and lifestyle sellers

Home furnishings retailer and manufacturer reports sales growth of 20.7 percent, gross margin increasing to 59.9 percent and operating margin of 15 percent.

Jaipur Living earns the Nest Seal of Ethical Handcraft for its artisan area rug weavers.

The floor covering manufacturer announces price increases, typically eight percent, to begin Q4 2021 and Q1 20222 due to cost inflation of raw materials, logistics and energy.

Surya's new 2022 Luxury Rugs Catalog presents the best designs from its global portfolio to create a living archive of its area rugs that are sure to inspire 

Company Chairman and CEO Robert H. Spilman, Jr. stated that the disruptions that have permeated the furniture industry since the pandemic began fifteen months ago remain for calendar year 2021.

Lower than expected traffic in August and higher than expected freight costs impacted the retailers net sales, which were reported at $1,985 million.

The home furnishings retailer and Lenny Kravitz introduce a new collection of 70 products, and includes a worldly assortment that takes more risks in pattern, materials and scale.

RugNews.com surveys flooring retailers across the country who have had a banner year with area rugs, to find out what they expect for fourth quarter sales.

As the home furnishings retailer and manufacturer continues to see business grow, it is expanding its U.S. workshops and warns of rising manufacturing costs.

The 60,000-square-foot, three-level experience features an immersive rooftop restaurant and park, wine bar, in-house interior design firm, and full floors of RH Interiors, Modern and Outdoor

IMC employees in Atlanta, Las Vegas and High Point, North Caroline, participate in CoreGiving Day, a volunteer effort to fight food insecurity hosted by IMC parent company Blackstone on September 23. 

Many area rug executives, who in the early summer anticipated Las Vegas attendance to be stronger than the April event, report the surging Delta variant is again making buyers hesitant to attend markets -- but expect rug orders to continue.

Havertys reports sales for the third quarter to date of 2021 are up approximately 21.2 percent over the same period last year and comparable store sales are up 19.5 percent.

The Back to Everything collection by The Novogratz for JCPenney features a curated selection of furniture, decor, and exclusive bedding and rugs with a contemporary twist.

Celebrating 25 years in business in the U.S., COO Monty Rathi explains how Kaleen, which will show off an expanded High Point showroom in October, is evolving its product strategy, finding greater success in its approach to area rugs and broadloom.

Furniture and home furnishings stores were up 16 percent year-over-year, in step with a rise in retail sales during August as consumer demand outweighed the pandemic, supply chain disruptions and other factors affecting spending

National Retail Federation today announced that Target Board Chairman and Chief Executive Officer Brian Cornell will receive The Visionary award to be presented in January 2022.

Private investment firm Comvest Partners will sell its majority position to Francisco Partners and retain a minority stake in the business.

The iconic NYC luxury home furnishings retailer has been struggling to pay debt throughout the pandemic and is preparing to file for bankruptcy.

The regional Michigan home furnishings retailer has taken over bankrupt Art Van’s former flagship Canton store and another in Rochester Hills.

President Biden has appointed John D. Porcari as Port Envoy to address supply chain disruptions, a move that NRF says is encouraging heading into the holiday season.

Surya has been named to the Inc. 5000 2021 fastest-growing private companies list for its 90 percent growth rate.

The retailer’s second quarter 2021 financial results reflected increases in both sales and profitability on top of record growth a year ago. 

Area rug executives anticipate that healthy sales at the summer edition of Las Vegas Market will propel the industry to a successful finish to the year. However, the rise in the Delta variant is tempering what would otherwise be solid expectations.

Home furnishings retailers reaped massive rewards from COVID quarantines and remote work, and a new research report explores if that surge is slowing as more Americans are vaccinated and return to work.

Jaipur launches Designer Edit, a curation of handmade products and the newest benefit offered exclusively to its interior design partners.

The interior design company, manufacturer and retailer’s Farooq Kathwari discusses Ethan Allen’s year-end results, and says demand was high in both its wholesale and retail business.

Retail sales in the U.S. grew for the 11th consecutive month in July fueled in part by the Child Tax Credit and pent-up savings, according to Mastercard SpendingPulse.

The broadloom and industry veteran will oversee Couristan’s strategic development of new business opportunities in the residential broadloom segment.

Nine students committed to enhancing the quality of life through interior design are awarded a total of $19,000 as part of the IFDA’s scholarship program.

Area rug and textile designer Liora Manne announced a new flagship location at the New York Design Center.

The National Retail Federation digs deep into some of the trends behind its annual Top 100 Retailers List finding that home decor outpaced apparel for now, home improvement store reaped rewards during lockdowns, and that one-stop shopping drove sales at large national chains.

The industry association announced its support of the bipartisan infrastructure bill which invests almost a trillion dollars in new spending to bolster the country's roads, bridges and other physical infrastructure.

The home furnishing retailer reported total sales up 127.3 percent, comp-store sales up 46.9 percent for the quarter and plans to open three new stores in 2022.

At CCA Global’s annual convention, area rug sales and broadloom for the residential market continue to be in demand by the group’s retailers.

The home décor superstore will open three new stores in July in Princeton, New Jersey, Abingdon, Maryland, and Temecula, California.

Some area rug exhibitors are adapting to Atlanta Market’s changing attendee buying patterns and tweaking their approach to keep the show relevant — and those moves paid off at the July show.

The home furnishings retailer revamps its 92,000 square foot flagship location to provide customers with interactive shopping experience and integrated digital shopping tools.

Carpet and area rug sales at FCA Network stores account for a major portion of revenues with sales still going strong in 2021.

The seasoned tech and media executive will lead the group’s seven retail brands – QVC, HSN, Zulily, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road.

The department store has announced a new small-store concept called “Bloomie’s” expected to open in late August and which will offer a curated selection of elevated brands, services and experiences.

Imports at the nation’s largest retail container ports are continuing to show double-digit growth and the challenge for retailers and supply chains is keeping shelves stocked as port congestion and other supply chain disruptions continue to impact the industry.

Retail sales see double-digit growth above 10 percent compared to June 2019, according to Mastercard SpendingPulse.

IMC's new CEO of its Juniper B2B platform will explore  current – and coming – e-commerce trends and predict why omnichannel is the future of wholesale commerce in a special webinar.

The furniture retailer, with 100 locations, reports increases in both consolidated revenue and wholesale orders.

Karen Mooney, named new Ballard Designs president in 2021, talks about her vision for the company and its next big interior design trends.

The COVID-19 pandemic has drastically accelerated the implementation of new technology, from live-streaming to augmented reality, for many retailers.

Eponymous fine rug gallery owner Sam Abraham reflects on how his focus on designers and a hybrid upscale retail/trade-only format have been hallmarks of his long-running success, continuing even as he approaches retirement.

Ernst & Young announced that Asha Chaudhary of Jaipur Living was named an Entrepreneur of the Year 2021 Southeast Award finalist.

From increased backup inventory to upgraded websites and flexible work scenarios, area rug industry players report many of the strategies used to survive the COVID pandemic will be here to stay.

The luxury home decor retailer attributes the growth to its exclusive branded collection of luxury home furnishings and it also announces phase one of a new digital portal launching in fall.

Feizy Rugs, has partnered with NGO Akshaya Patra Foundation to donate more than $150,000 toward India’s COVID-19 relief effort including delivering more than 56,000 meals to the people of India and provide hospitals with medical equipment to battle COVID-19 surge.

High Point area rug showrooms are reporting strong appointments and commitments, and foresee robust order writing -- the highest level since the pandemic began -- at the June event.

The high-end area rug brand for homes, offices, and more, commemorates 10 years of area rugs featuring Aquafil's ECONY regenerated nylon.

The home decor superstore reports net sales of $537.1 million and a comparable store sales increase of 187.3 percent.

Loloi Rugs will present its latest area rugs and home decor in a new full-floor 6,000 square foot NYC showroom  located at 260 Fifth Ave., which will be open in time for the fall 2021 New York Home Fashions Market.

Nourison beefs up its hospitality team, hires Matt Key as director of project & design services for its Hospitality business segment.

Stanton Carpet has acquired substantially all the assets of Cavan Carpet, a maker of high-end residential decorative wool based hand-loomed carpets and rugs. 

The off-price retailer announced net income of $476 million for the period, with sales totaling $4.5 billion and comparable store sales up a robust 13 percent versus 2019.

As the new Juniper CEO, he is charged with growing IMC's omnichannel B2B platform.

The off-price retailer announces overall open-only comp store sales up 16 percent versus Q1 FY20 with "phenomenal" sales in the home categories across divisions.

The nationwide retailer reports that sales growth led by apparel, home and hardlines, while food and beverage and essentials grew on top of last year’s historic stock-up sales.

The U.S. maker of popular fabric and carpet soil and stain repellents, rebrands the company and introduces an updated logo.

The rug manufacturer has announced that Howie Cooperstein joins the company as vice president of national and specialty accounts and will focus on the development of Kaleen’s major retail business.  

Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked a full year since the COVID pandemic shut downs.

BBB appoints Stacey Shively as SVP, general merchandise manager to enhance its position as home authority in the $180b market.

More than 900 Afghan handmade area rugs from the KCEC aid program will be on view to the trade at the New Jersey Showroom.

Armadillo is the first Australian rug brand to obtain Certified B corporation status, a designation awarded to companies meeting the highest standard of measurement for social and environmental performance.

The manufacturer of rugs and carpet donates $11,000 to Sewa International to help combat India’s ravaging COVID outbreak. 

The new program of nursery décor, bedding, rugs, and decorative accessories are designed by  Jessi Raulet, the creator behind EttaVee, and features hand-painted animal prints, bold patterns, and signature use of colors.

The online home furnishings e-tailer reported Q1 net revenue growth of 49 percent and $3.5 billion year-over-year.

The sprawling 70,000-square-foot, three-level experience offers not only luxury home furnishings but also a dramatic rooftop restaurant & park, wine bar, in-house interior design firm.

Hand, who has served as principal and CEO of Burlington, will join the off-price retailer as CEO on May 17.

Retail sales continue to benefit from stimulus payments, coupled with warmer weather and broader reopening across the country, According to Mastercard SpendingPulse.

The global private equity firm, in an all-cash transaction valued at $2.8 billion, will acquire the nationwide home decor superstore.

GoodWeave International has officially licensed seven new companies from around the globe committed to child-labor-free supply chains for their rug or home textile products

"Lowe's House of Curators" kicks off by celebrating 100 years of color and design from Lowe's and fellow centenarian and fashion icon Iris Apfel.

Nearly 90 percent of in-person transactions globally take place at contactless-enabled merchants and 93 percent of consumers are considering emerging payments such as biometrics, digital currencies and QR code.

The company joins forces with Sewa International to fund critical medical supplies, infrastructure and support as India deals with a devastating COVID-19 surge.

The home furnishings retailer and manufacturer reported a retail segment written order growth of 51.8 percent and that its wholesale segment written orders increased 39 percent.

The home retailer reports consolidated sales increased 31.8 percent to $236.5 million and comparable store sales increased 11.5 percent.

The NRF’s first virtual event features Valerie Jarrett, former senior advisor to President Barack Obama, who will headline the event’s opening keynote session.

Douglas Tashjian joins Delos as an independent sales representative for the NY Metro area -- he will also take on a national sales and marketing role and manage the Delos trade and retail showroom.

The online home retailer will open new offices in San Francisco Bay Area, Austin, Texas and Toronto.

The purchase of the recognized and trusted carpet brand expands Lowe's portfolio of private brand offerings and is part of its Total Home strategy.

The home superstore opens the doors of its first New York City location bringing its store count to 226 stores in 40 states.

Company announces two new hires (Andrew Sanft as CFO; Christine Zampaglione as senior director of marketing) and two promotions (John Rocconi to senior director of hard surface; Adam Feldberg to senior director product and innovation).

The industry leader, a long-time executive at ABC Carpet & Home, has joined the carpet program's board.

The home furnishings retailer delivers third consecutive quarter of comparable sales and profit growth and strengthens three-year plan.

The retailer witnessed a record increase of 51.8 percent in written orders in its retail division, including ec-ommerce, compared to the prior year third quarter ending March 31, 2020.

Celebrating 50 years of Home, Bed Bath & Beyond Introduces New Brand Positioning to Guide the Next 50 Years and Beyond.

Rug players anticipate improved attendance with buyers hungry to see and buy the latest product in-person, but worries linger.

Momeni Rugs upgrades its website to make it more customer-centric and easier to browse and find product as online and digital sourcing continues grows.

Mastercard's new Recovery Insights report finds the COVID pandemic accelerated e-commerce sales with an additional $900 billion being spent in retail online around the world in 2020.

Kaleen Rugs celebrates 25 years in the rug business, and heads to Las Vegas Winter Market, running from April 11-15, with 15 collections in a range of indoor and outdoor constructions.

The home furnishings retailer strengthened its retail position by relocating and redesigning multiple Design Centers during the past 12 months, and beefing up its North American manufacturing.

Elise Gabrielson, marketing director of Crypton Home Fabric, and Andy Pacuk, sales executive with Ultrafabrics, have been elected to join the International Textile Alliance Board of Directors.

Bed Bath & Beyond grows its digital leadership team as part of the company's efforts to re-invent the retailer and take advantage of growing online sales.

The New York luxury rug showroom continues to grow its showroom presence with a deal to acquire the New Jersey carpet and rug showroom, rebranding it as J&S by STARK.

Gary Friedman, chairman and CEO of RH, formerly known as Restoration Hardware, shares insights on performance and prospects, says the company's strict focus as a luxury lifestyle brand has swelled margins and that it plans to open four design galleries in 2021 and roll out more RH Brands.

The home decor retailer delivers strong Q4 sales, capping the year with net sales increase of 27.3 percent to $1.737 billion and comparable store sales increase of 19.4 percent.

The home decor retailer announced that it has opened three new stores in March, bringing the retailer’s store count to 225.

Retail sales gained considerable year-over-year traction in February – despite a monthly slowdown from unusually high numbers in January as a result of increased COVID-19 vaccination, government stimulus and reduced restrictions.

Sheetz led the successful acceleration of At Home's omnichannel strategy during the pandemic, quickly expanding its BOPIS capabilities and adding curbside and local delivery at $10.

As retailers and manufacturers adjust to the COVID pandemic and changes in consumer buying, they anticipate sales of flooring products to continue to boom, following a year of surprises.

Levin Furniture's Robert Levin, after re-purchasing his eponymous furniture stores sold to Art Van, continues to reopens more properties.

Imports are expected to grow dramatically during the first half of 2021 as increased vaccination and continued in-store safety measures enable additional shopping options.

 Bed Bath & Beyond reveals next step in three-year transformation with launch of at least eight inspired private label brands in 2021.

Despite difficult winter weather, retail sales rose in February, with home furnishings and furniture sales increasing as well. And, e-comm records a surge as well.

Ninety percent of Americans say their outdoor living space is more valuable than ever before, with 78 percent making outside upgrades during COVID-19 pandemic.

Target has rolled out a limited-edition collaboration alongside the iconic denim label that includes a range of denim-inspired home decor pieces rooted in sustainability.

Macy's announces changes to its senior management as part of its three-year Polaris strategy to stabilize profitability and position the company for growth.

Nina Smith, the founding CEO of GoodWeave International, was recently named a recipient of the i2020 Tufts University Alumni Award for Active Citizenship and Public Service, which celebrates contributions to improving the lives of others

Total U.S. e-commerce sales in 2020 jumped by 32.4 percent, accounting for 14 percent of total retail sales, which also grew -- and both show few signs of slowing in 2021.

The National Retail Federation anticipates that retail sales will grow between 6.5 percent and 8.2 percent to more than $4.33 trillion in 2021 as more individuals get vaccinated and the economy reopens.

Big name designers Thom Filicia and Alexa Hampton team up, taking their High Point Market debuts to NYC -- and Filicia sits down with RugNews.com to discuss the concept and his thoughts on top interior trends for the year.

The iconic London designer, who began designing home furnishings four years ago, launches a new home furnishings collaboration with the Texas retailer inspired by travel, art and adventure.

The family-run business has grown from an importer of fine handmade area rugs to a go-to source for indoor and outdoor power-loomed rugs, as well as residential broadloom and custom contract carpeting.

Despite not participating in the digital New York Home Fashions Market's spring 2021 event, Surya continues to beef up new product rollouts for the channel following strong 2020 results.

James F. Brunk, who has been with Mohawk Industries since 2006, was named chief financial officer.

Following a record year during 2020, imports at the nation’s largest retail container ports are expected to set new monthly records from now into the summer, according to a new report by the National Retail Federation and Hackett Associates.

Feizy upgrades its website to improve navigability and shopability of its area rugs.

NRF reports 2020’s $789.4 billion in holiday spending during November and December was the highest on record despite the coronavirus pandemic.

The new just-elected board of directors will continue to support the organization’s sustainability initiatives for industry.

The home improvement retailer opens a new 1.5 million square foot distribution center to fulfill online and in-store orders, creating 1,500 new jobs by end of 2021.

The fashion retailer tapped Alix Box to serve as SVP, regional manager of its six Canada region Nordstrom stores, seven Rack stores and the recently launched Canadian e-commerce site, Nordstrom.ca.

One of three facilities operated by Nourison, the expanded Calhoun warehouse will grow to a total of 744,000 square feet once completed.

In this special report, RugNews.com surveys industry executives who quickly pivoted in response to the COVID-19 pandemic and found prosperity in a year like no other.

Bed Bath & Beyond has sold its Cost Plus World Market to Los Angeles private equity firm Kingswood Capital Management.

Ethan Allen's has reported that retail segment written orders, including  e-commerce business, is up 44.9 percent, resulting in a record high order backlog at quarter-end.

Bed Bath & Beyond bolsters team to elevate banners, inspire customers and launch new owned brands.

The new partnership with the NYC iconic retailer is the first major retail partnership with Label STEP, an organization committed to supporting carpet weavers and workers.

Nata Dvir succeeds Patti Ongman, who has previously announced plans to retire at the end of the company's 2020 fiscal year.

Despite a rough start in the early part of 2020 due to the COVID-19 crisis, flooring retailers saw a healthy rebound in sales this year.

Dynamic Rugs' anticipates Q3 and Q4 sales will be above 2019 levels and notes that inventory continues to move fast as clients stock up, and the company rolls out new area rugs.

The company's treatment products, both at retail and through professional services via its distributors, offer an increasing profit center for clients.

Feizy has chosen Feed My Starving Children, a non-profit that provides nutritious meals to starving children around the world, as the recipient of its annual charitable holiday gift.

The new Safavieh Express soft-opened at the Stamford Town Center Mall yesterday featuring the company's Safavieh and Safavieh Couture brands of home furnishings.

An estimated 186.4 million consumers took advantage of the Thanksgiving holiday weekend and shopped in-store and online this year, according to an annual NRF survey.

Welling will be responsible for helping lead the transformation of Bed Bath & Beyond's inventory planning and replenishment strategy, part of the retailer's growth strategy.

With retail sales rebounding strongly, the National Retail Federation today forecast that holiday sales during November and December will increase to a total between $755.3 billion and $766.7 billion.

The Rug Company has opened its eighth U.S.showroom in the New York Design Center at 200 Lexington Ave.

The parent company of TJ Maxx, Marshalls and HomeGoods reported overall decrease in store sales and announced the rollout of an e-commerce component for HomeGoods.com

Digital Commerce 360’s 2020 U.S. Ecommerce Market Report details the surge in e-commerce due to store closures, statewide lockdowns and consumers’ fear of contracting the virus in public. 

Third quarter comparable sales grew 20.7 percent at Target, with digital comparable sales jumping by 155 percent and accounting for 10.9 percentage points of Target’s comparable sales growth.

Home improvement retailer Home Depot reported increased sales for Q3 2020, and announced it will invest $1 billion in permanent compensation enhancements for frontline, hourly associates.

The KCEC aid program, designed to create jobs in Afghanistan for carpet weavers, is showcasing its latest hand-made area rugs in a virtual event on Tuesday, Nov. 17.

Bed Bath & Beyond Inc. completed the sale of its Christmas Tree Shops retail banner, its institutional Linen Holdings business and a distribution center located in Florence, New Jersey.

Bed Bath & Beyond unveils its new Cozy Backyard Holiday collection, designed by Decorist, which includes fire pits, rugs and more, to warm up outdoor spaces to encourage safer outdoor gatherings during pandemic.

LA-based hand-knot rug manufacturer Exquisite Rugs unveils its first permanent designer showroom, located in Commerce, California.

Wayfair reports total net revenue increased $1.5 billion to $3.8 billion, up 66.5 percent year over year, with US net revenues growing to $1.3 billion, also a 66.5 jump.

Home furnishings and rug maker Safavieh purchased the 760,000 square foot Connecticut mall with plans to revitalize the asset and open a showroom.

BBB grows its merchandising team, naming Elizabeth Meltzer SVP, general merchandise manager.

BBB Appointment Mary-Farrell Tarbox and Ann-Marie Clendenin as regional vice presidents, effective Oct. 26.

October is Breast Cancer Awareness month, and Spanish designer Agatha Ruiz de la Prada collaborates with Lorena Canals to create a special area rug that donates a portion of proceeds to that cause.

With digital sales rising 22 times faster than total sales, U.S. distributors and wholesalers focus on e-commerce during COVID-19 and beyond, finds a new report.

Area rug players surveyed by RugNews.com expect 2020 rug sales to continue to climb and end on a high note as they head to High Point Market.

The Swiss-based manufacturer of tufted and woven wool and nylon carpets announces LSI Flooring will take over North American sales and marketing.

Surya’s 2021 Luxury Rugs catalog includes a mix of 145 new and top-selling collections, most of which are handmade by master artisans.

Amid an unprecedented  situation due to the COVID-19 pandemic, the National Retail Federation launces a nationwide consumer education campaign called “New Holiday Traditions” to encourage consumers to shop safe and shop early.

The 3,300 square foot to-the-trade showroom offers local design community year-round access to high-end Surya rugs and accessories.

After 45 years in the industry, Fritz is ready to retire and is selling his Raleigh, N.C., gallery and area rug business.

Furniture and home furnishings stores were up 2.1 percent month-over-month seasonally adjusted, and up 0.4 percent unadjusted year-over-year. 

Walmart+, Walmart's new membership program launching Sept. 15., has online shoppers expressing interest in the new program, a new study finds.

The rug maker says it is committed to the non-profit’s mission to improve working and living conditions for weavers and workers to effect change.

Nourison targets hospitality and commercial markets with extensive product offerings and capabilities showcased in new dedicated website.

Thanks to vendors' support the 2020 HOM Open Golf Tournament raises over $150,000 for Minnesota Adult Teen Challenge and other community causes.

Kaleen expects "very strong" fourth quarter, sees sales of outdoor and machine-made indoor area rugs doubling.

The new retailer opens its first stores -- seven southeastern Michigan locations -- housed in former Art Van stores.

The home furnishings retailer also announces the launch of a new transactional website and the unveiling of its U.S. flagship store in Seattle.

Newly created position reflects downsizing with the resignation of executive director Brian Casey.

“They’re buying!" Exhibiting rug companies were pleasantly surprised by retail and designer sales.

Company rolls out a new web portal that allows clients to search for more than 3,000 one-of-a-kind vintage area rugs.

Vendors weigh the risks and benefits of opening their showroom doors, with some electing to keep their showrooms dark, and others to open with caution.

Wayfair Professional, the business program of Wayfair Inc., spotlights 2020 winners of its annual Tastemakers Awards in five categories of residential and commercial design.

The company expects to close a significant portion, if not all, of its brick and mortar stores.

The retailer's new College from Home in partnership with Decorist will help redesign childhood bedrooms to effective and inspiring remote learning spaces.

Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues

World Floor Covering Association is asking industry players to step up to to ensure Congress approves assistance programs that work for  industry.

Company’s rug sales were severely impacted due to store closures, but sales have rebounded as consumers turned to Mohawk to enhance their homes.

The new home furnishings retailer, which acquired several Art Van Furniture stores earlier this year, is getting ready to open its doors to its first 18 properties, and putting together its management team.

While the economy was showing signs of recovery, recent indicators, and the continued spread of the coronavirus, might stall growth and spending.

Move affects all retail brands under Bed Bath & Beyond corporate umbrella.

Shoppers are turning to area rug runners to solve design issues around the home, as both online and off-line choices expand -- and rug buyers should be taking note.

Report finds Q2 sales rebounded strongly and furniture retailers expect bullish Q3.

The association's membership surpasses 10,000 members, setting a 60-year record.

Area rug runners are gaining ground as stocked sizes, style choices, custom options and distribution expand.

Tollison will lead Couristan’s new business opportunities and product development.

Brick and mortar specialty retailers report that sales in first half may have reversed the big box and online erosion.

The new assortment, which draws inspiration from modern Danish designs, includes a range of home furnishings and area rugs.

Designer Anna Kemper opens the doors to her first eponymous home décor boutique.

Online-only Queer Eye collection trends toward industrial chic with affordable furniture and upholstery exclusively at Walmart.

A Gift for Life honoree, Glassman appears on August 4 with a behind the senses look at Oprah's "Favorite Things" selection process. Related Text-to-Donate Campaign Helps Women Impacted by HIV/AIDS

Furniture and home furnishings stores were up 32.5 percent month-over-month seasonally adjusted, but down 1.9 percent unadjusted year-over-year. 

Retailer of modern design debuts new customer-centric e-commerce experience in response to changing consumer purchasing behavior.

The review finds that customer experience (CX) drives three types of customer loyalty, including retention, wallet share and recommendations.

Rossi, who joined Colonial Mills in 2016, has prior experience with consumer products at Fortune 500 companies.

E-commerce demand during pandemic already exceeds 2019 peak levels; digitally savvy retailers are well positioned for holiday 2020.

BBB's portfolio of new Owned Brands will launch from 2021s and will be developed in core categories such as bed, bath and kitchen.

The appointment anticipates the launch of a new e-commerce platform under the Shayla Copas brand that will include home furnishings textiles, home accessories and more.

Residential segment gains 14.1 percent market share worldwide, with estimated 3.1 percent compound annual growth rate through 2027.

Adaptive living and IMPACT review task forces bring together experts nationwide to provide resources and expertise.

Floor Coverings will score the global home décor market's highest annual growth, as the category benefits from growing customer interest and real estate industry expansion.

Former Williams-Sonoma president, Janet Hayes joins Crate & Barrel on August 1, replacing Neela Montgomery.

Lowe's top exec discusses leadership challenges and opportunities, rapidly changing consumer preferences in home improvement, and the retailer's unprecedented digital acceleration.

The aid program, designed to create jobs in Afghanistan, hosted a successful pop up shop featuring 800+ handmade rugs by 10 leading Afghan producers.

After six successful years with the Otto Group, most recently serving as CEO of Crate and Barrel, Montgomery is stepping down on Aug. 1.

Gregg Scarlata, who has been with Colonial Mills since 2003, as its new president and chief operating officer.

Nourison is implementing a return to work plan and ensuring employees continue to practice safe and social distancing measures once normal business operations resume. 

The new OW look book offers more features and showcases outdoor rugs and rounds and runners in one place.

IMC's digital division, IMC_di, reports its B2B digital ShopZio marketplace has witnessed an increase in activity and sales as buyers shift to digital buying strategies to replace of in-person markets.

HRI's David Grasse gives a demonstration on cleaning the company's area rug collection made with Sunbrella yarn.

The impact of COVID-19 at major U.S. retail container ports appears to be easing slightly, with projected imports remaining below last year's levels but not as much as previously forecast.

The Home Furnishings Association is hosting Five Ways to Thrive in this pandemic webinar featuring data scientist Laura Khoury, owner of ShopIntelligence.

Bed Bath & Beyond Inc. today announced that Harriet Edelman has been appointed as independent Chair of the Board, effective immediately

WFCA will host a webinar with three industry retailers who will share their insights and approaches to success during the coronavirus pandemic on Wednesday, May 27, 2020 at 2 p.m. ET.

The New York Chapter of the International Furnishings and Design Association (IFDA NY) has launched an initiative to help the industry re-emerge and flourish in light of the economic downturn from the coronavirus.

Pier 1 Imports, which filed for bankruptcy earlier this year, announced that will shutter all its stores permanently.

HOM Furniture's new state of the art flagship location in Bloomington opens today, one year after the construction project began with the demolition of HOM's oldest and original location.

The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the U.S. Census Bureau's release of April retail sales data.

US Assets, Inc. and Loves Furniture, Inc. announced the acquisition of 27 stores across Michigan, Pennsylvania, Ohio, Illinois, Virginia and Maryland.

But stores expect cautious inventory transitions expected

With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come gradually and may vary by location, NRF Chief Economist Jack Kleinhenz said.

Nourison has announced two recent appointments to the company's growing hospitality division.

At Home issues update regarding its store re-opening plan and enhanced safety and cleaning protocols.

Andrew Peykar, president of Nourison Industries, was interviewed by CNBC for the business network's series, The Path Forward -- Getting Back to Work.

Kaleen Rugs' just-finished factory in Panipat, India, which triples its previous production capabilities, is now operational, as the company continues to do business domestically during the Covid-19 crisis.

Despite the economic downturn, Couristan's sales remain steady, still the company continues to invest in its digital strategy. 

Havertys Furniture announced it would begin the process of reopening its stores and resuming its distribution and delivery operations.

Ashley Furniture CEO Todd Wanek joins Home Furnishings Association's Mark Schumacher to discuss supply chains and e-commerce on April 30. 

Mohawk Industries is spearheading an effort that will allow its customers to automatically join the WFCA.. 

As some states begin easing coronavirus restrictions on businesses, home furnishings stores in South Carolina began opening their stores,

LR Resources has donated nearly 400 KN95 face masks for use by medical professionals at the Dalton-based Crisis Stabilization Unit.

International Casual Furnishings Association member survey finds mounting financial concerns, along with increasing reductions in staffing  and advertising spending.

Target, despite impact from Covid-19 crisis, has seen sales increase, with record-setting digital sales.

Sends a letter to Vice President Mike Pence asking for access.

Kent Schneider, founding co-partner of Verde Home, takes over Jaipur Living's Instagram.

Now producing face shields for local law enforcement and first responders.

To deliver immediate humanitarian aid and services to vulnerable populations.

Retail sales saw their biggest monthly drop on record during March.

Despite spring market cancellations due to the Covid-19, Kalaty continues to conduct business.

He returns to Mohawk Home to help the business navigate through challenging times.

The family run home furnishings retailer has seen its rug business take off with plans to invest in the category.

Area rug assortment is expanded.

Miriam Thompson shares her store's evolution and plans for future growth as the business marks its 20th birthday.

Mohawk Industries and Fabric Sources International (FSI) are combining resources to address urgent medical supply needs at during the COVID-19 outbreak.

IMC and its digital innovation division IMC_di announced that free subscriptions and transactions will be offered to customers through year-end on ShopZio.

Turn to Social Media to Connect with Rug Purchasers during Covid.

The head of Ethan Allen outlines drastic steps for dramatic times for the nationwide retailer.

Transport and logistics provider C.H. Robinson has compiled a series of special Covid-19 advisories that track developments in the global shipping marketplace.

Designer digital sourcing platform Steelyard is partnering with the High Point Market Authority to help exhibitors showcase their April market introductions.

Three retailers have joined Furniture First as the cooperative buying group holds town hall calls to help all members stay connected during COVID-19 closures.

The World Floor Covering Association has advised members on the ramifications of furloughing and then rehiring employees to avoid leave obligations.

Nearly all International Casual Furnishings Association members responding to a survey fielded last week are expressing deep concerns about the effect the COVID-19 pandemic will have on their businesses this year.

The Texas-based At Home is accelerating its omni-channel strategy, offering contactless next-day local delivery.

The World Floor Covering Association has notified members how requirements to pay sick and family leave under the Families First Coronavirus Response Act will significantly impact small businesses' cash flow

The World Floor Covering Association is recommending that member flooring retailers and contractors file a claim for business interruption insurance if they have such coverage. 

The World Floor Covering Association is providing guidance to its flooring retailers on the impact of the Covid-19 pandemic, offering more clarity on the significance of "shelter-in-place" orders.

DOL hosts a national online dialogue to help employers and workers understand their responsibilities and rights, respectively, under the Families First Coronavirus Response Act.

IMC will temporarily close its 17 High Point properties to the public beginning at 5 p.m. on Friday, March 27. The closure, which is in effect through April 16, aims to help slow the spread of Covid-19.

Appetite for area rugs to decrease for the next six months.

In line with the City of Atlanta Executive Order for residents to stay home and non-essential businesses to temporarily close, International Market Centers has temporarily closed AmericasMart Atlanta, the Atlanta Convention Center and Decorative Arts Center.

India's Prime Minister Shri Narendra Modi announced that it is locking down the nation's 1.3 billion residents in an effort to slow the spread of the COVID-19 virus.

 The parent of TJ Maxx, Marshalls, Home Goods and Sierra is closing stores and online business due to COVID19 crisis.

The home décor superstore provided an update today on its response to help reduce the spread of COVID-19.

HOM Furniture is temporarily closing all of its retail locations in all markets effective Thursday, March 19, 2020 due to coronavirus pandemic.  

Rethink strategies on how to present new product to buyers as in-person markets cancel.

The company has upgraded its distribution, logistics and inventory systems to grow the business.

Recognizing its female artisan weavers, who create most of the company's hand-crafted rugs.

The Michigan-based retailer  is closing all of its stores and holding liquidation sales.

Bed Bath & Beyond Inc. has named Joe Hartsig as executive vice president, chief merchandising officer of BBB, and president of Harmon Stores Inc. ("Harmon"), effective immediately.

In Part 2 of this retail series, ABC Carpet's metamorphosis includes a revised approach to area rugs, showcasing its commitment to artisanal sustainable designs.Fine tunes its approach to its area rug business.

Eyes growing its B2B and to-the-trade segments.

Safavieh Home Furnishings announces the grand opening of Safavieh' s newest retail location at 89 Seventh Ave. in Chelsea, New York City.

Suppliers representing the broadloom and area rug sectors were encouraged by the turnout and  response to their offerings at Surfaces.

Area rug and broadloom players hailed the 2020 International Surface Event at the Mandalay Bay Convention Center as one of the best shows in recent history.

The third-generation family business with three Chicagoland locations, turned 100 years old in January

Mohawk Industries, Inc.  today announced 2019 fourth quarter net earnings of $265 million and diluted earnings per share of $3.68, including a one-time tax benefit of $136 million. 

Online furniture sales are growing at twice the rate of overall e-commerce as consumers move away from shopping in brick and mortar.

C.H. Robinson has launched a unique LCL consolidation service exclusively for area rugs and carpets, shipping weekly from Nhava Sheva, India.

Company debuts two dozen area rug collections at Las Vegas Market, including Bespoke, its first collection of  hand-knotted imported designs; introduces new digital kiosk.

Kicks off its trade show calendar at the International Surface Event, closing Jan. 30, among the company's strongest annual fairs of the year. 

Las Vegas Market, since opening its Building A doors in 2005, has grown to three buildings with more to come, and area rug companies expect it to kick off the year with a bang.

The company continues to refine its strategy, investing in technological improvements, announcing a new licensed program, and rolling out a record-breaking new product assortment.

Belgian-based Balta Home has been ramping up its US presence and the latest step in that strategy is an inaugural studio/showroom space at AmericasMart.