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  • INDUSTRY NEWS

    • On April 10, 2026, it was reported, Top 100 retailer Mor Furniture for Less is expanding its reach into Idaho with the opening of a showroom in Coeur d'Alene this summer. The new location enhances Mor Furniture's long-standing presence in the Inland Northwest, making it even easier for customers across North Idaho to shop Mor Furniture closer to home. "This showroom represents an important expansion for us in North Idaho," said Josh Walz, senior vice president of sales. "We've proudly served customers throughout this region for years, and opening in the Coeur d'Alene area allows us to be more accessible to our customers while continuing to deliver the selection, value and service they expect from Mor Furniture." The Coeur d'Alene showroom is designed to better serve local families by bringing Mor Furniture's signature style, value and service directly to the community. The showroom will feature a wide range of furniture for living rooms, bedrooms, dining rooms and a dedicated SleepMor mattress center. The new showroom will be located at 43 W. Prairie Shopping Center in Hyden, offering convenient access for local residents and visitors. To celebrate the opening, Mor Furniture for Less plans to host a grand opening event later this summer featuring special promotions and family-friendly activities.
    • On April 8, 2026, it was reported, during the first 3 months of 2026, the home furnishings industry saw 17 retailers reveal plans to close. It was reported that McKinstry's Home Furnishings in Beaver Dam, Wis., is closing after 168 years. That same day, former Top 100 retailer Unclaimed Freight in Bethlehem, Pa., is closing after more than 50 years. American Signature Inc. filed for bankruptcy in late 2025 and was cleared for full liquidation on Jan. 7. Grand Gallery, a licensee of Ethan Allen, announced plans to close in January as its owners planned to retire. Memphis, Tenn.-based Sensational Sofas & Interior said it plans to close after 37 years. In a local report from Lewiston, Id, said Sylvan Furniture was likely to close soon. Machine Age, in Boston, will close on Oct. 31 as its owner is retiring. The news of the retirement of the family meant that 95-year-old Youngs Furniture in Portland, Maine, would close. In late 2025, Circle Furniture closed all stores and laid off its employees. On Jan. 30, it filed for Chapter 7. Country Willow, a Bedford Hills, N.Y. retailer, filed for Chapter 7 on Feb. 2. On Feb. 6, three-store Seattle retailer Kasala began a G.O.B. sale. Kelsey Furniture, based in Tuscola, Ill., posted on Facebook that it would kick off aG.O.B. sale on March 6. Lynwood, Wash.-based Josh Underhill's Family Furniture said that it is going out of biz after an 80-year run. Bostic Sugg Furniture, based in Greenville, N.C., is closing after 90 years, owner is retiring. Top 100 retailer Weir's Furniture is wrapping up retail operations. It was reported Fresno, Calif.'s Lifestyle Furniture is closing, according to local reports. Greenbaum Home Furnishings, based in Bellevue, Wash., is closing after 67 years.
    • On March 18, 2026, it was reported, the vendor community has rallied around Bloomingdale's like never before," Macy's Inc. CEO Tony Spring told analysts Wednesday. With some help from Saks Global's bankruptcy, Macy's Inc.'s Q4 surpassed expectations in most measures. Net sales in the period fell 1.6% year over year to $7.6 billion, with comps up 1.8%. Net income surged nearly 50% to $507 million. At Bloomingdale's, which took share from Saks Global in Q4, net sales rose 8.5% and comps surged 10%. Bluemercury net sales rose 2.5% and comps rose 1.3%. At Macy's, shuttered stores helped drive down net sales by 3.2% as comps rose 0.4%. Minus closures, comps rose 0.6%, and at 125 revamped stores comps rose 0.9%. : Macy's Inc.'s rehabilitation of its namesake banner appears to be hitting its stride, with revamped stores notching growth in seven out of eight quarters. Last month, store improvements more staff, more brands and "better execution in the store, better storytelling" began at another 75 Macy's stores, CEO Tony Spring told analysts Wednesday. The star of the quarter, though, is Bloomingdale's, the company's higher-end department store. Spring led the retailer for nearly a decade before taking the reins at Macy's Inc. two years ago. Bloomingdale's may be garnering not just sales and customers from the Saks troubles, but also merchandise. In contrast to the Saks Global stores, which are slowly but surely repairing vendor relationships that soured over many months, Spring said that Bloomingdale's enjoys "excellent vendor partnerships." For this year, Macy's Inc. expects net sales of $21.4 billion to $21.65 billion, compared to $21.8 billion in 2025, and comps to land between a 0.5% decline and a 0.5% increase.
    • On December 11, 2025, it was reported, Hooker Furnishings reported a deeper third-quarter loss as hospitality project timing, non-cash impairment charges and continued macroeconomic pressure weighed on results, but executives said the company's recent strategic divestiture and upcoming product launches have set it on a clearer path toward profitability. For the quarter ended Nov. 2, consolidated net sales fell 14.4% from the prior year, driven primarily by an $11 million decline in Samuel Lawrence Hospitality (SLH) shipments. Operating loss totaled $16.3 million, largely the result of $15.6 million in non-cash intangible impairment charges. Loss from discontinued operations was $8.6 million. The company also completed a major portfolio shift. On Dec. 1, Hooker announced the sale of its Pulaski Furniture and Samuel Lawrence Furniture value-priced brands within the Home Meridian (HMI) segment. T Margaritaville launch exceeds expectations Hooker executives highlighted what they view as the company's most significant organic growth driver: the new Margaritaville licensed collection, which debuted at the October High Point Market. The company said 55 retailers have already committed to installing Margaritaville-branded galleries. Hoff said the company's revised warehouse strategy centered on its new Vietnam facility now allows "collections from our various suppliers to be mixable in single containers and providing six to 10-week fulfillment to our customers' door,". S&A expenses declined $5.9 million in Q3 and $9.7 million year-to-date, reflecting restructuring progress . Hooker repaid $17.9 million of debt year-to-date and ended the quarter with $63.8 million in borrowing capacity. Inventory decreased to $52.1 million.