News

Business Business, Product Flooring Maker CALI Debuts First Area Rugs Posted On: 8/18/2022 The San Diego home improvement supplier adds its first area rug collection to offer customers a soft finish to its flooring and decking products. Business, Retail NRF Says Economy is Strong Enough to ‘Keep a Recession at Bay Despite Two Quarters of Decline Posted On: 8/5/2022 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 Business Stanton Acquires Floors 2000 Posted On: 8/2/2022  Stanton Carpet purchases Floors 2000, which serves the residential market with a well-priced product line featuring LVP & porcelain tile.  E-Commerce E-Commerce, Retail Small- and Medium-sized Retailers Outperformed Larger Rivals Online in 2021 Posted On: 8/25/2022 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. Executive Moves Executive Moves Rizzy Home Names Wes Milstead National Sales Manager Posted On: 8/11/2022 Larry Hedrick, VP of Rizzy Home, announces the appointment of Wes Milstead as the company’s national sales manager. Financial Financial, Retail Ethan Allen Reports Strong Sales and Record Earnings for the Fiscal 2022 Q4 and Full Year Posted On: 8/4/2022 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. Financial, Retail Havertys Reports Operating Results for Second Quarter 2022 Posted On: 8/3/2022 Havertys strong earnings in Q2 were driven by solid gross margin improvement and attention to operating cost. Financial, Retail Target Corp. Reports Second Quarter Earnings Posted On: 8/17/2022 Comp sales growth reflects continued strength in Food & Beverage, Beauty and Household Essentials, while inventory reduction strategy in discretionary categories impacted operating margin. Retail Fashion, Retail AllModern and Jason Wu Collaborate on Limited Edition Home Collection Posted On: 8/13/2022 AllModern announces a limited edition collection designed by global fashion talent Jason Wu that includes fashion designer's first area rugs. Retail, Show Recap At CCA Global Partners' Summer 2022 Convention, Area Rug Exhibitors Focus on Solutions and Style Posted On: 8/17/2022 Rugs fabricated from broadloom, as well as traditional area rugs, caught the eye of CCA Global shoppers, as did innovative sample displays. Retail CITY Furniture Doubles Down on Accents & Rugs, Continues to Grow Category in Latest Store Concept Posted On: 8/23/2022 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. Financial, Retail Ethan Allen Reports Strong Sales and Record Earnings for the Fiscal 2022 Q4 and Full Year Posted On: 8/4/2022 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. Financial, Retail Havertys Reports Operating Results for Second Quarter 2022 Posted On: 8/3/2022 Havertys strong earnings in Q2 were driven by solid gross margin improvement and attention to operating cost. Retail NRF Announces 2022's 25 Fastest-Growing U.S. Retailers Posted On: 8/5/2022 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. Retail NRF Releases Annual Top 100 Retailers Posted On: 8/5/2022 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. Business, Retail NRF Says Economy is Strong Enough to ‘Keep a Recession at Bay Despite Two Quarters of Decline Posted On: 8/5/2022 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 E-Commerce, Retail Small- and Medium-sized Retailers Outperformed Larger Rivals Online in 2021 Posted On: 8/25/2022 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. Financial, Retail Target Corp. Reports Second Quarter Earnings Posted On: 8/17/2022 Comp sales growth reflects continued strength in Food & Beverage, Beauty and Household Essentials, while inventory reduction strategy in discretionary categories impacted operating margin. Retail U.S. Consumers Continued to Spend in July While Navigating High Inflation Posted On: 8/4/2022 E-commerce growth sees a hot July amid promotional events, while home-focused spending cools, according to latest Mastercard SpendingPulse report. Retail, Social Responsibility Williams-Sonoma, Inc. Releases 2021 Impact Report Posted On: 8/4/2022 Williams-Sonoma has published its 2021 Impact Report highlighting progress and fulfillment of industry-leading sustainability and social impact goals. Social Responsibility International, Social Responsibility GoodWeave to Exhibit at Decorex International 2022 Posted On: 8/11/2022 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. Retail, Social Responsibility Williams-Sonoma, Inc. Releases 2021 Impact Report Posted On: 8/4/2022 Williams-Sonoma has published its 2021 Impact Report highlighting progress and fulfillment of industry-leading sustainability and social impact goals.

Designer Floors Hotel Style Broadloom, Hotel Style Nourison Hospitality Launches DesignNow Posted On: 8/12/2022 Nourison Hospitality introduces DesignNow to allow customers shopping hospitality rugs and carpets to interact with Nourison’s extensive design library.

Fashion Fashion, Retail AllModern and Jason Wu Collaborate on Limited Edition Home Collection Posted On: 8/13/2022 AllModern announces a limited edition collection designed by global fashion talent Jason Wu that includes fashion designer's first area rugs.

Obituaries Obituaries, People Mansour Yaghoubian, Founder of Mansour's Oriental Rug Gallery, Has Died Posted On: 8/15/2022 Third-generation rug expert Mansour Yaghoubian, founder of Mansour's Oriental Rug Gallery in California, has died.

People Obituaries, People Mansour Yaghoubian, Founder of Mansour's Oriental Rug Gallery, Has Died Posted On: 8/15/2022 Third-generation rug expert Mansour Yaghoubian, founder of Mansour's Oriental Rug Gallery in California, has died.

Product Business, Product Flooring Maker CALI Debuts First Area Rugs Posted On: 8/18/2022 The San Diego home improvement supplier adds its first area rug collection to offer customers a soft finish to its flooring and decking products. Broadloom Broadloom, Hotel Style Nourison Hospitality Launches DesignNow Posted On: 8/12/2022 Nourison Hospitality introduces DesignNow to allow customers shopping hospitality rugs and carpets to interact with Nourison’s extensive design library.

Shows Commercial+Hospitality Commercial+Hospitality, Show News & Business High Point Market Authority Restarts Hospitality at Market Experience Posted On: 8/29/2022 High Point Market Authority announces the return of Hospitality at Market, featuring educational and social programming for the hospitality design segment, during two days of the fall market, Oct. 23-24 High Point High Point, Show News & Business Jaipur Living Relocates High Point Showroom, More Than Doubles Its Space Posted On: 8/26/2022 Jaipur Living will showcase its latest area rugs in a new High Point showroom, double the size of its previous Showplace footprint, in the C&D Building at the October market. High Point, Show Events Justina Blakeney Named Opening Day Keynote Speaker for October High Point Market Posted On: 8/22/2022 Designer and best-selling author Justina Blakeney named keynote speaker at the kickoff October High Point Market's event. International International, Social Responsibility GoodWeave to Exhibit at Decorex International 2022 Posted On: 8/11/2022 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. Las Vegas Las Vegas, Show Recap Las Vegas Area Rug Newsmakers: People & Products Posted On: 8/5/2022 Las Vegas Market’s summer edition, while slower than typical summer shows, had retail buyers and designers in town shopping -- and buying -- area rugs. RugNews.com takes you on the industry's one-and-only rug tour of the market. New York New York, Previews S&H Returns to The Rug Show, Introduces Updated Lineup of Hand-Knotted Designs Posted On: 8/24/2022 S&H Rugs returns to The Rug Show, running Sept, 14-16, showcasing new hand-knotted collections and line extensions to its best-selling styles. Previews New York, Previews S&H Returns to The Rug Show, Introduces Updated Lineup of Hand-Knotted Designs Posted On: 8/24/2022 S&H Rugs returns to The Rug Show, running Sept, 14-16, showcasing new hand-knotted collections and line extensions to its best-selling styles. Show Events Show Events 33rd ARTS Awards Nominating Committee Announced Posted On: 8/4/2022 Dallas Market Center and ART, the creative home furnishings network, have announced the members of the ARTS Awards Nominating Committee. Show Events, Show News & Business AmericasMart and ADAC Partner to Present Dual-Venue Design Destination in September Posted On: 8/4/2022 AmericasMart Atlanta and the Atlanta Decorative Arts Center are collaborating for the fourth consecutive year to create the Southeast’s premier dual-venue design destination, Sept. 19-22. High Point, Show Events Justina Blakeney Named Opening Day Keynote Speaker for October High Point Market Posted On: 8/22/2022 Designer and best-selling author Justina Blakeney named keynote speaker at the kickoff October High Point Market's event. Show News & Business Show News & Business 33rd ARTS Awards Finalists Include Four Area Rug Leaders Posted On: 8/16/2022 Feizy, Jaipur Living, Loloi and Nourison will vie for top area rug designation in the 33rd ARTS Awards, to be announced at a gala in Dallas in January 2023. Show Events, Show News & Business AmericasMart and ADAC Partner to Present Dual-Venue Design Destination in September Posted On: 8/4/2022 AmericasMart Atlanta and the Atlanta Decorative Arts Center are collaborating for the fourth consecutive year to create the Southeast’s premier dual-venue design destination, Sept. 19-22. Commercial+Hospitality, Show News & Business High Point Market Authority Restarts Hospitality at Market Experience Posted On: 8/29/2022 High Point Market Authority announces the return of Hospitality at Market, featuring educational and social programming for the hospitality design segment, during two days of the fall market, Oct. 23-24 High Point, Show News & Business Jaipur Living Relocates High Point Showroom, More Than Doubles Its Space Posted On: 8/26/2022 Jaipur Living will showcase its latest area rugs in a new High Point showroom, double the size of its previous Showplace footprint, in the C&D Building at the October market. Show Recap Retail, Show Recap At CCA Global Partners' Summer 2022 Convention, Area Rug Exhibitors Focus on Solutions and Style Posted On: 8/17/2022 Rugs fabricated from broadloom, as well as traditional area rugs, caught the eye of CCA Global shoppers, as did innovative sample displays. Las Vegas, Show Recap Las Vegas Area Rug Newsmakers: People & Products Posted On: 8/5/2022 Las Vegas Market’s summer edition, while slower than typical summer shows, had retail buyers and designers in town shopping -- and buying -- area rugs. RugNews.com takes you on the industry's one-and-only rug tour of the market.