Ethan Allen announces a distribution center located in Old Fort, North Carolina, was recently impacted by the significant flooding caused by Hurricane Helene.

Rugs USA, which recently acquired Annie Selke Cos, announces it will shutter the textile brand's headquarters and stores.

Company reports demand was up 7% in the Q2 and has continued experience positive gains with July demand up 10%, and demand 12 % in August, with positive margins.

Rugs America appoints Mark Onanian, a seasoned industry executive, as president of its home division to spearhead the company's expansion into the furniture store sector.

The nation’s major container ports are expected to see another busy month in September ahead of a potential labor strike at East Coast and Gulf Coast ports

Online custom rug player Ernesta tests the brick-and-mortar waters rolling out its second showroom in the D.C. area.

Couristan expands leadership team naming Len Andolino as company president.

Myers Flooring, which recorded double-digit growth last year, continues to invest in its reputation as a go-to custom rug house par excellence – and a supplier of luxury.

Surya announces that it has reopened the North Carolina facilities of its iconic Mitchell Gold + Bob Williams brand upholstered furniture, which relaunches with a curated selection of designs.

OW has named Mandi Williams to the role of vice president of product development & design.

Southeast home furnishings retailer Badcock Furniture, acquired by Texas-based Conn's Inc. in 2023, plans to shutter 380 stores following a filing for bankruptcy.  

Oriental Weavers USA announces the return of Walt Hartsfield as vice president of national accounts. 

Igor Yakovenko of Airbase Carpet remains bullish on rug sales for the remainder of 2024, outlines what he will be on the hunt for at summer Las Vegas Market and why.

Area rug executives surveyed by RugNews.com report on the state of the industry, how they are coping with choppy waters and the bright spots to keep an eye on.

Long-serving OW executive Andy Brumlow has been promoted to position of chief commercial officer.

The specialty retailer of home décor and furnishings, has been recognized as America's #1 Home Goods & Décor Retailer by Newsweek as part of its third annual ranking of America's Best Retailer.

Summer Las Vegas Market shoppers will be the first to check out Nourison Home's updated showroom in Building C, C112.

Mohawk Industries, Inc. published its 15th annual impact report, Surfaces with Purpose, which documents its 2023 progress toward its sustainability goals.

In this special mid-year snap survey of flooring dealers, executives share the category's performance for the first half, full-year expectations and bestselling designs.

As of early July, more than half (55%) of back-to-school and college shoppers have already begun buying items for the upcoming school year, with total back-to-college spending expected to reach $86.6 billion, the second-highest figure in the history.

Monthly inbound cargo volume at the nation’s major container port continue to rise, and with the strongest surge in volume reported in two years -- a positive sign for what retailers expect in sales.

Oriental Weavers USA appoints Kristen Ritch to the newly created role of vice president - digital strategy & marketing.

Nourison Home has appointed Wayne Pezzino as the new vice president of sales

Thibaut, a portfolio company of private equity firm Norwest Equity Partners, has purchased luxury area rug designer and supplier Rosemary Hallgarten, with founder Hallgarten named chief creative officer.

Nourison Home expands its broadloom capabilities with the purchase of Georgia-based high-quality wool carpet manufacturer J Mish Mills.

Safavieh's retail showroom at 150 Thompson St. in Manhattan joins ranks of a prestigious list of international design companies supporting Soho Design District.

Partnership will bring growth opportunities for new brands and expand the assortment on Target Plus, the retailer's invite-only, third-party online marketplace.

Surya updates website with suite of new features aimed at simplifying and enriching the design process and curating product.

Stanton Carpet Corp. has appointed long-time industry exec Trey Thames to the new role of senior vice president of soft surface.

First quarter largely reflected expectations with revenues of $727 million, adjusted operating margin of 6.5%, and adjusted EBITDA margin of 12.3%.

Ethan Allen plans to move its Albuquerque, New Mexico, and Watchung, New Jersey, Design Centers to new locations in the fall of 2024 and recently relocated its Louisville, Kentucky, location.

Jaipur Living, together with its sister brand Jaipur Rugs, has been awarded the SA8000 Certification, among the world’s leading social certification program.

Kirkland's Home reports comparable sales growth of 2.8% in its brick-and-mortar stores for the first quarter, however reports pressure in its e-commerce business.

Retailers and buying groups are coming to Dallas Market Center to discover the newest items across gift, home, lighting, apparel, and accessories from permanent and temporary exhibitors.

 Havertys announces first quarter results, raises gross margin expectations, and reports it is on track to open five new stores this year and five in 2025.

ANDMORE appoints Jonathan Pertchik as CEO, and the promotion of Dorothy Belshaw to president. Pertchik succeeds Bob Maricich, founder of IMC.

Atlanta Market introduces new and expanded exhibitors in its collection of 700+ sales agencies and branded showrooms offering innovative gift resources at the summer 2024 market.

The Wilmette Wayfair store spans 150,000 square feet and is a one stop shop for the home, including furniture, home decor, housewares and home improvement products, and also offers design services and a restaurant.

The furniture retailer, despite cconsolidated gross margin of a record 55.3 percent, reports an operating loss of $2.4 million and a net loss of $1.2 million.

Member floor covering retailers at Alliance Flooring’s 2024 convention pave the way for rug sales with its online Rug Shop.

Carlisha Robinson will be responsible for all product management and user experience for Overstock, BBB and Zulily brands.

JOANN has filed for Chapter 11 bankruptcy, entering into an agreement to reduce debt and receive $132 million in new capital, and says the company's stores and website will remain open for business, and that it will continue to pay trade vendors.

Kohl’s expands home assortment by 40 percent to offer newness in select categories, such as wall art, botanicals, lighting, pet, storage, ceramics, seasonal decor, and more.

The retail industry supported 55 million full-time and part-time jobs in 2022, accounting for 26% of total U.S. employment.

With the supply chain adjusting to ongoing Houthi rebel attacks on commercial vessels in the Red Sea, inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases.

The retail furniture brand introduces new retail concept featuring a collaborative in-store Design Studio, unique indoor/outdoor atrium and more.

Expected to create a broader assortment of home furnishings to accelerate resident's growth.

In 2024, Target plans to building on the success of its Target Circle membership program; grow its owned brand portfolio with new and on-trend items, quality and value; and add new stores and enhance existing locations.

Target reports that for 2023 its guests responded to newness, value, and the inspiration and ease of its in-store and digital shopping experience.

The artisanal furnishings brand The Citizenry becomes Havenly's third acquisition as the company continues to expand its offerings for the home consumer.

Inbound cargo volume at the nation’s major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea

The new program—developed in partnership with Shaw Industries—is designed. to make high-quality custom-sized rugs easy and affordable for consumers everywhere.

Area Rug executives expect the momentum of Q4 2023 sales to continue as the prepare for Vegas Market launching trending constructions, such as high-end hand-knotted and high-quality machine-mades, for shoppers.

CCA Global dealers at Dallas convention check out custom rug offerings allowing them to be in the rug business without having to devote a large amount of space to inventory.

Online retailer RugsUSA expands partnership with interior designer Lauren Liess to new jute collection, and offers affiliate program for vendors on its site.

Retailer also shares retirement plans for Don Liu and updates to merchandising leadership, with Jill Sando, currently Target's chief merchandising officer, now overseeing Target's discretionary categories as chief merchandising officer of apparel & accessories, home and hardlines.

 U.S. House of Representatives voted to pass a resolution repealing the National Labor Relations Board’s final joint employer rule

The National Retail Federation issued the following statement regarding the finalization of the Department of Labor’s independent contractor classification rule.

Rifle Paper Co.'s signature floral designs meet The Company Store's unmatched comfort and quality in new line of bedding and loungewear.

With the holiday season over, inbound cargo volume at the nation’s major container ports should gradually slow during the first quarter of 2024 before beginning to build again in the spring.

Flooring retailers are optimistic about the prospects for a strong rug business in 2024, a sentiment bolstered in part by an increase in custom/fabricated rug sales.

The coalition Americans for Free Trade responds to the extension of the China Section 301 tariff exclusions by the United States Trade Representative.

The National Retail Federation announced the launch of a new NRF Center for Retail Sustainability, which will serve as the industry’s hub to support retailers’ efforts.

As Feizy’s 50th year in business draws to a close, RugNews.com sits down with industry veteran John Feizy to discuss the company's milestones, its future and philanthropic achievements.

Nearly 142 million consumers plan to shop on the last Saturday before Christmas, with the number of expected shoppers expected to be up significantly from the last time Super Saturday fell on Dec. 23, in 2017.

RH releases Q3 2023 results in a letter to shareholders by Gary Friedman, chairman and chief executive officer, that records net revenues of $751 million

The home furnishings retailer stated that net sales year-to-date Q3 2023 declined 15 percent against 2022 record results, while gross profit margins improved .

Kirkland reports Q3 results anticipates  solid year-over-year improvement in profitability during the fourth quarter.

A record 200.4 million consumers shopped from Thanksgiving Day through Cyber Monday, surpassing last year’s record of 196.7 million.

While 2023 proved yet another challenging year to navigate, surveyed area rug executives -- who have been proactively tweaking their strategies to take advantage of high growth categories -- expect to record steady growth by the end of Q4.

An estimated 182 million people -- 15.7 million more than 2022 -- are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year.

Surya has purchased the Mitchell Gold + Bob Williams brand and will re-introduce the influential label to its trade-only clients as part of its strategy to become a whole home decorating solution.

Target announces Q3 results and reports that declines in discretionary categories were partially offset by continued growth in frequency categories, most notably in Beauty.

Simply Southern Cottage rugs are featured in recent TV show and its latest rug designs are exclusively being showcased at Southern home furnishing retailer Ivan Smith. 

Luxury rug and carpet company STARK has rolled out a revamped website that allows direct to consumer sales of in-stock rugs and also feature custom rug options for trade clients.

Custom rug and carpet maker Delos has hired Lacey Stinnett as director of design and Tina Johnson as business development manager.

Jonathan Johnson steps down as chief executive officer and Dave Nielsen appointed interim CEO and president; Adrianne Lee, CFO, takes on expanded responsibilities.

Havertys reports consolidated sales decreased 19.7 percent to $220.3 million and comparable-store sales decreased 20.7 percent, while gross profit margin increased to 60.8 percent from 57.1 percent.

NRF forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion.

Ethan Allen Interiors reported its financial and operating results for the fiscal 2024 first quarter, during which it launched  Interior Design Destination initiative, with plans to the concept out across its network of 174 design centers.

Overstock.com, which operates as Bed Bath & Beyond,  announced that it will change its corporate name to Beyond, Inc. effective Nov. 6, 2023.

Off-price home decor retailer HomeGoods, which is owned by TJX Companies, is shutting down its online store.

Surya is relocating its Dallas Market showroom to a 14,000 square foot showroom allowing it to better feature its growing offering of home goods and rugs, and also making access to both Surya and Global Views more convenient.

Nourison has named Michael Pitman vice president sales and Gerard O’Keefe as president broadloom and business development.

Nourison Home has launched a room visualizer on their website that allows customers to view Nourison Home area rugs and broadloom carpets in their home.

The U.S. economy continues to grow even as labor disputes across the country and uncertainty created by Congress add to the ongoing challenges of inflation and high interest rates.

Loloi was nominated for the HEARTS Award by Gift for Life, the charitable organization raising funds for hunger relief via its Home Vs. Hunger initiative. 

Nebraska-based home retailer NFM (Nebraska Furniture Mart) announced plans to open a 1.2 million square foot store -- its fifth -- located in the Austin area, in late 2026.

Bargains galore on cross-category furniture, home décor, sleep and more, with departments organized by room, and product categories – like rugs.

In his exclusive collection with Rugs USA, award-winning fashion designer Prabal Gurung brings the rich artistry seen in his work on the runway to his area rug designs.

Online home furnishings brand Hayneedle has been closed by Walmart and its Allswell, a direct-to-consumer mattress label, has been consolidated under Walmart.com.

In this executive report, RugNews.com checks in with of a range of retailers from Nebraska Furniture Mart to Carpet Exchange to find out how area rugs are performing and to take the pulse of Q4 2024 expectations.

Mastercard SpendingPulse expects U.S. retail sales to grow 3.7% this holiday season.

The Beni Rugs Rebuilding Fund will provide emergency relief to residents of hardest hit areas and the company is donating aside 5 percent of September and October revenue to this cause.

Surya has purchased RST Brands, a maker of outdoor furniture.

Oliver Bron to succeed Tony Spring following his appointment to president and CEO-Elect of Macy’s, Inc.

Company reports that its operating margins increased and that it will continue to expand the RH brand globally, address new markets locally, and transform our North American Galleries.

The National Retail Federation announced its acquisition of the Reverse Logistics Association, a global trade association for the returns and reverse industry. 

The retailer reports net sales decreased to $89.5 million, while gross profit margin improved 140 basis points year-over-year to 19.5%.

Banana Republic celebrates the launch of BR Home, which expands across bedroom, living room, and dining room furniture as well as lighting and home décor, 

The company reported that consolidated net sales for the quarter ended August 26, 2023 were approximately $87 million or 26% lower than the corresponding period in 2022,

The company reports that it delivered better-than-expected top and bottom-line results,

The department store will open four new smaller-format stores, under the Macy's namplate, and offer customers curated selections, including men's, women's, and kids' fashion, beauty products, toys, luggage, giftable items and more.

Online area rug retailer Rugs USA has purchased the Annie Selke Cos., which includes the Dash & Albert rug label.

Walmart Q2 results include strong revenue and operating income growth and raises its FY24 guidance.

Williams-Sonoma, a leading design-led and sustainable home retailer, announced the promotion of Monica Bhargava to president of the Pottery Barn brand. 

Target's Q2 results reflected stronger-than-expected profit performance on softer-than-expected sales.

Building on the success of its broadloom and LUXE rugs, Kaleen Rugs & Broadloom is exiting the machine-made category to focus on its handmade rugs, custom and broadloom categories.

Surya has been named to the 2023 Inc. 5000 list of the fastest-growing private companies in the United States marking the 10th time the company has been on the list.

FCI, the No. 1 flooring franchise in North America sets the foundation for a milestone year as franchise development surges.

GoodWeave International, a global nonprofit organization working to stop child, forced and bonded labor in global supply chains, serves as an official sustainability partner for Decorex International 2023.

American Express released the second edition of its recurring Small Business Financial Confidence Report, which looks at current market trends and their influence on the confidence of small businesses when making financial decisions.

Big name retailers, furniture stores, area rug galleries and designers attended the summer Las Vegas Market, and in this industry exclusive RugNews.com stops by top rug showrooms to discover the market hits and who shopped the show. 

CITY Furniture hosted the 2nd Annual Green CITY Summit, a forward-thinking event aimed at building a resilient future for the Florida community and beyond.

CEO sites inflation and rising interest rates for weakened sales but notes the second quarter's average ticket was an all-time high aided by Havertys' free in-home design service involvement in 28.6% of sales, helping to fuel historic surge in gross profits.

The company said it will continue to strengthen various areas of its vertically integrated structure, enhancing its product offerings under the umbrella of Classics with a Modern Perspective, and repositioning its retail network as an Interior Design Destination.

Overstock.com relaunches its domain as Bed Bath & Beyond, and expects to grow its assortment of area rugs under the BBB domain name.

Amer Rugs, a leading manufacturer of hand-made, tufted and knotted rugs, seeks independent rep for West Coast and Mid-West regions.

Area rug executives are expecting more typical summer traffic at the upcoming Las Vegas Market yet remain cautiously optimistic for the second half of 2023.

Mohawk Industries announced that Wim Messiaen will succeed Bernard Thiers as president of the company’s Flooring Rest of the World segment.

The brand's first home renovation collection includes bathroom and kitchen hardware, vanities, islands and more, designed for approachable upgrades.

Consumers are expected to spend a record $41.5 billion for both back-to-school and back-to-college shopping this year.

Online retailer Grandin Road releases its early fall home furniture and décor collection for 2023, featuring a neutral, organic and earthy style.

Neutral tones and natural wool, linen, ash and oak distinguish the new minimalist collection by British design studio Studioilse for Anthropologie.

Despite a softening in the industry, Bassett Furniture records a profit in the second quarter.

Overstock.com announced the consummation of its acquisition of certain intellectual property assets of the Bed Bath & Beyond banner from Bed Bath & Beyond.

National furniture retailer Ballard Designs leans into the decorating world's return to traditionalism with a fresh focus on organic lines, natural textures, and whimsical details.

Online rug label Ruggable is expanding its reach with plans underway to establish a manufacturing facility in Birmingham, England.

Jaipur Rugs opens a 7,000 square foot flagship showroom in Dubai at Alserkal Avenue.

Flooring retailers — from Nebraska Furniture Mart to Carpet Exchange, Hadinger and more -- report generally favorable results for the rug category halfway through 2023, and express optimism that the third quarter will hold steady.

Florida furniture retailer is now providing complimentary design services with one-on one personalization.

The specialty home furnishings retailer is developing an improved retail strategy focused on an intentional promotional calendar.

Import cargo volume at the nation’s major container ports is expected to be 22 percent lower during the first half of 2023 than the same time last year despite increased consumer spending.

The nation does not appear to be in a recession and should be headed toward a soft landing from inflation and high interest rates of the past two years.

 National Retail Federation issued a statement urging negotiations after reports of a shutdown.

Qurate Retail -- owner of retail brands QVC, HSN, Ballard Designs, Frontgate, Garnet Hill and Grandin Road -- announced that Regent, a Los Angeles-based investment firm, has acquired online retailer Zulily.

At Home announced that longtime retail industry executive Jeff Evans will join the company as president and chief merchandising officer.

Ballard Designs, which celebrates its 40th anniversary this year, is using social media, notably TikTok, to help stay on-trend in the fast-moving world of home fashion.

Mohawk was ranked as one of America’s Climate Leaders recognized for making the greatest reductions in their carbon footprint.

 Nourison has announced its rebranding to Nourison Home to better reflect the company's expanding assortment of home products.

The Home Depot updates its fiscal 2023 guidance following first quarter sales below expectations and continued broad based pressure across the business since 2022 Q4 report.

Strength in frequency businesses (beauty, food & beverage and household essentials) offset continued softness in discretionary categories.

Direct-to-consumer Ernesta.com, founded by Peloton's John Foley, goes live online offering a collection of designer quality, custom size rugs.

Broadloom vendors showcase rug offerings and custom capabilities to help flooring retail members compete with online rug sellers.

Durkan Hospitality's new sustainably crafted Mycotopia carpet collection earned two awards at the recently held HD Expo.

The owner of American Freight, Badcock Home Furniture, and Buddy’s Home Furnishings is taken private in $2.6 billion deal lead by CEO.

More than twenty artisans from around the world will showcase handmade products benefitting their communities at Dallas Market Center in June.

Liora Manné rolls out her new RE series, with designs crafted of 100 percent recycled polyester.

Nebraska Furniture Mart (NFM) partners with Stacy Garcia Home rolling out three store-within-a-store pop-ups showcasing her rugs, pillows and more.

The home furnishings company  delivered consolidated net sales of $186.3 million, gross margin of 59.9 percent, operating margin of 15.5 percent, and net income of $22.4 million. 

Brian Vander Werf has been promoted to vice president of sales and marketing, a new position at Dalyn Rug Co.

Surya's purchase of Global Views, a wholesaler of home furnishings and decorative accessories, strengthens the company's portfolio and market position.

With a sweeping new area rug collection as part of its home products launch, Banana Republic curates on-point styles to complement its brand identity in a number of weaves and yarn choices.

National Retail Federation today issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year.

30-year retail veteran Dave Alves has been named Kohl's president and chief operating officer, effective in April

Target, which plans to open about 20 new stores, says it wants to deliver 'affordable joy' through an unparalleled assortment of owned brands and a renewed focus on deal-conscious shoppers.

Target reports comparable sales growth in the fourth quarter, despite a very challenging environment, and states strength in Food & Beverage, Beauty and Household Essentials offset ongoing softness in discretionary categories. 

Scott Eckman, who most recently served as chief revenue officer, IMC, has been named president of Loloi Rugs; IMC announces changes to senior management team.

Loloi has donated $100,000 funds to support the American Red Cross for Turkish earthquake relief.

Michael Bauer, former vice president of design at Dallas Market Center,  joins Feizy Rugs as the director of trade relations.

Havertys reports continued record-breaking quarterly sales and its second year of annual sales over a billion dollars.

Retail area rug showroom Dover Home is hosting a fund-raising event on Feb. 18-19, donating a percent of sales proceeds to relief efforts in Turkey and Surya following the devastating earthquake.

Feizy, Creative Touch, Unique Loom, Loloi and ORIA provide updates following the devastating earthquake in Turkey and share recommendations on how the area rug community here can help in the relief efforts.

The National Retail Federation today sent a letter in support of their reintroduction of legislation to protect the Deferred Action for Childhood Arrivals program.

January retail e-commerce sales were up 8.4 percent year-over-year, while in-store sales increased 8.9 percent year-over-year.

Though February is traditionally a slow month for imports, import cargo volume at the nation’s major container ports are expected to be the lowest numbers in almost three years, signaling that retailers are being cautious.

Ernesta a new direct-to-consumer rug company created by the founders of Peloton announces the appointment of a several executives including new chief merchandizing officer. 

Couristan has announced, as part of its long-term growth plan for its area rug division, the appointment of Tommy Armistead to the position of vice president of area rug sales for the company’s mass merchant accounts.

Momeni announces the opening of a new Adairsville, Georgia, facility that is double in size to its previous warehouse.

 Ethan Allen reported its financial and business results for its fiscal 2023 second quarter with gross margins increasing, while retail sales dip.

SP Orian LLC, an American manufacturer of textile floor coverings, announced two major additions to its sales and marketing team, with Jenny Rogers Alton named EVP sales and marketing, and Paul Rutherford as SVP, West-Midwest region.

The retailer posted revenue of $121.0 million in our fourth quarter, a 5.8% increase, with an operating profit of $6.7 million, and plans three new retail locations in 2023.

CCA's three-day convention was all about Retail 2.0, the co-op’s new selling system that is designed to simplify the floor covering shopping journey and convert consumers into customers. 

Area rug participants at Atlanta Market reported a stronger, better-attended market than winter 2022, which they see as a promising sign for the Casual Market Atlanta, debuting in July.

Mohawk revamps its digital platform, created exclusively for Mohawk retailers, which will now offer highlights from the event, including engaging digital programs, the latest in innovative technologies and consumer insights and trends.

The global flooring manufacturer announced that it has entered into an agreement with plaintiffs to resolve the previously disclosed securities class action lawsuit.

Part 2 continues RugNews.com's state of the industry special report and discusses what area rug executives anticipate for the beginning of the new year and how business fared in 2022.

In this two-part state of the industry special report, RugNews.com dives deep and discovers that area rug executives are looking forward to calmer waters in the second half of 2023, following fine-tuned strategies in 2022.

The program provides consumers with payment options that they can use to access promotional financing at any of the Bassett's 92 company- and licensee-owned stores.

The pandemic-driven surge is finally over, with monthly import cargo volume at the nation’s major container ports falling below the 2 million TEU mark.

Many dealers expect 2022 to exceed expectations, with some posting double-digit gains, others say the year will keep pace with robust 2021 results.

Online retailer RugsUSA taps Home Depot executive Alyssa Steele as CEO to drive growth and expand consumer reach.

For every $1 billion in sales, the average retailer incurs $165 million in merchandise returns according to the latests survey by the National Retail Federation.

More than 158 million consumers are expected to shop on the last Saturday before Christmas this year, according to the annual consumer survey by the National Retail Federation and Prosper Insights & Analytics. 

The supplier of decorative, high-quality self-branded carpet, area rugs and LVP, is the flooring sponsor of the Designing Hope Showhouse 

Customers Came to Wayfair to save on vast selection of items for the home

A record 196.7 million Americans shopped in stores and online during the five-day holiday period and more than 122.7 million people visited bricks-and-mortar stores, up 17 percent, according to an annual survey by the National Retail Federation.

Ernesta, a new direct to consumer custom rug venture by Peloton founders, secures financing from Addition,True Ventures and others.

Sage Park, which recently acquired Orian, has appointed Scott Dahl chief executive officer of Orian.

MaryAnne Morin joins Belk to lead the department store's merchandising, planning and private brands teams.

Global acquisitions group Sage Park has announced the acquisition of Orian Rugs, a vertically integrated textile designer and manufacturer of woven rugs and specialized yarn products.

Years in the making, Toms Price opens newest home store location for high-end design and custom furniture, and features a Rug Studio and Lighting Gallery.

Custom fabricated rugs and programmed area rugs garner solid numbers for flooring retailers entering the fourth quarter of 2022.

Surya’s permanent New York showroom debuts, showcasing the company’s breadth and quality of product assortments developed for big box, online and mass merchant retailers.

Macys.com adds a curated assortment of new brands, merchandise categories and product selection from premier third-party merchants and brand partners, including home.

Report highlights the company’s efforts to achieve a better tomorrow together, and Mohawk announces collaboration with International Future Living Institute.

Target will introduce holiday savings earlier than ever, starting with the biggest Target Deal Days event yet — featuring hundreds of thousands of incredible deals from Oct. 6-8.

U.S. retail sales this holiday season are expected to increase 7.1% year over year, coming off of a strong summer season, which saw U.S. retail sales up +11.7% in August , according to the Mastercard SpendingPulse annual holiday forecast.

The home furnishings retailer announced better-than-expected results as revenue increased to $992 million versus $989 million a year ago, which exceeded RH's revised guidance.

Bassett Furniture has acquired a mid-priced e-commerce furniture retailer Noa Home, headquartered in Montreal, Canada.

Small- and medium-sized businesses grew online at a higher rate compared with the Top 1000 retailers, such as Amazon and Walmart, according to Digital Commerce 360’s 2022 Next 1000 Report.

RugNews.com, in exclusive interviews with CEO Andrew Koenig and merchandise director Jillian Bailey, finds out that home accents and area rugs are driving sales at the Florida retailer, which is not only aggressively expanding the category but rolling out an updated store concept.

The San Diego home improvement supplier adds its first area rug collection to offer customers a soft finish to its flooring and decking products.

Comp sales growth reflects continued strength in Food & Beverage, Beauty and Household Essentials, while inventory reduction strategy in discretionary categories impacted operating margin.

Rugs fabricated from broadloom, as well as traditional area rugs, caught the eye of CCA Global shoppers, as did innovative sample displays.

AllModern announces a limited edition collection designed by global fashion talent Jason Wu that includes fashion designer's first area rugs.

At Decorex 2022, GoodWeave will promote its certification label partnerships in the rug and home textile sector to eradicate child, forced and bonded labor in supply chains.

Larry Hedrick, VP of Rizzy Home, announces the appointment of Wes Milstead as the company’s national sales manager.

The NRF takes a look at the best-performing U.S. retailers in 2022 based on sales rankings, and Walmart remains in the lead, followed by Amazon, Costco Wholesale and The Home Depot.

NRF's Hot 25 Retailers ranks the nation’s fastest-growing retail companies, which finds that while RH maintained a spot on the list with a 32.3 percent increases, other home décor retailers dropped off, though wwhen looking at the two-year trend, several home décor retailers continues to grow.

Despite two consecutive quarters of decline, the U.S. economy still does not appear to be in a recession and remains unlikely to enter one this year reports the National Retail Federation

Ethan Allen announces fourth quarter sales increased to $229.7 million, a jump of 28.8 percent over the prior year, and for the full fiscal year ended June 30, 2022, sales rose 19.4% to $817.8 million.

Williams-Sonoma has published its 2021 Impact Report highlighting progress and fulfillment of industry-leading sustainability and social impact goals.

E-commerce growth sees a hot July amid promotional events, while home-focused spending cools, according to latest Mastercard SpendingPulse report.

Havertys strong earnings in Q2 were driven by solid gross margin improvement and attention to operating cost.

 Stanton Carpet purchases Floors 2000, which serves the residential market with a well-priced product line featuring LVP & porcelain tile. 

With costs soaring, inventories rising and consumers shifting spending, some rug players shift year-end expectations yet remain optimistic heading to Las Vegas Market.

Havenly opens temporary storefront in NYC’s NOLITA district and will include in-person design consultations and access to shop' best-selling collections.

The new creative collection by Novogratz features colorful, cool and modern offerings, including area rugs and door mats, and is now available in-store and online at Bed Bath & Beyond

The CEO of CITY Furniture was honored for the furniture retailer's ongoing efforts to develop and maintain expansive diversity, equality and inclusion program for associates.

RH has tempered its 2022 fiscal year expectations due to deteriorating macro-economic environment resulting in lower than expected demand.

Basset Furniture reports all-time record sales and profitability performance for its corporate retail organization but cautions that weakening consumer demand for goods and a backlog of orders are concerns.

More than 5,000 Ethan Allen associates celebrated the company’s 90 Years of Innovation on Thursday, June 23 — a day now declared by the State of Vermont as “Ethan Allen Day.”

The iconic fashion brand extends into the furniture market to offer chic and effortless style at home.

Swedish home furnishings giant IKEA plans to put its Russian factories up for sale and cut its workforce due to Russia's invasion of the Ukraine.

At Home, a home decor superstore concept, opened its 250th store in Amherst, New York.

American consumers trimmed spending in May compared with the month before.

RH, formerly known as Restoration Hardware, reports strong first quarter ended April 30, 2022, however, softening demand trends have resulted in the company revising downward its projections for 2022. 

The retail giant has announced plans to open four major fullfiment facilities, each between 1 million plus to 2.2 million square feet in size, in the next three years to offer customers next- or two-day shipping on more items.

BBB rolls out new Everyhome brand, featuring a causal, yet sophisticated, collection of bedding, bath linens and accessories, decor and outdoor furnishings now available in-stores, on the app and online.

Surya will match all donations made to the Yuvaan Tiwari Foundation to accelerate pediatric brain cancer research in the month of May.

Havertys reports another strong quarter, despite cost increases and ongoing delays in case goods shipments.

Nourison donated area rugs and Mina Victory Home Accents to nine vignettes for the 17th Annual Design on a Dime benefit by Housing Works, which raised more than $1 million to support the organization's mission.

Amer Rugs continues to beef up its sales team naming Jaimeson Bullock sales manager focused on the 04/27/2022