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Schewels Home acquires Richmond-area Central Furniture
Lynchburg-based furniture retailer Schewels Home is opening its newest location in Henrico County following the acquisition of Central Furniture.
Hooker Furnishings CAO to depart in cost-cutting plan
Hooker Furnishings is parting ways with its chief administration officer as part of its ongoing cost-cutting initiatives.
Galax furniture maker adds hours, eyes hiring as tariffs spur demand
Galax-based Vaughan-Bassett, which makes wooden adult bedroom furniture, is seeing demand climb strongly enough that it has added hours in multiple departments.
Butler Human Services Furniture to close Mecklenburg operations
Butler Human Services will close two Chase City facilities in Mecklenburg County, cutting 51 jobs.
Not wasting away: Hooker Furnishings to launch Margaritaville collection
Hooker Furnishings will launch the Margaritaville home collection at High Point Market, thanks to an exclusive licensing partnership.
Bassett CEO: 3 strategies drove Q2 return to profitability
Despite downward pressures stubbornly weighing on the industry, Bassett Furniture posted a return to profitability in the second quarter.
Schewels Home acquires 100-year-old Petersburg retailer
Lynchburg retailer Schewels Home announced that it acquired Petersburg-based Butterworth’s Furniture, which has been in business since 1925.
Bassett CEO Rob Spilman talks tariff strategy, supply chain resilience
Henry County’s Bassett Furniture is taking a solutions-focused approach to protect profitability and support its dealer network amid uncertainty.
Hooker restructuring targets $25M savings by FY27
Hooker Furnishings launches restructuring to cut $25M in fixed costs by FY27, closing warehouses and expanding overseas operations for savings.
Vaughan-Bassett sees strong domestic demand despite China tariff easing
Doug Bassett, president of Galax-based Vaughan-Bassett Furniture, said the recent developments and the ongoing uncertainty around trade are having a positive impact on the company’s business because it lacks much direct exposure to China in their supply chain.
North Carolina furniture manufacturer: Business is great; Trump’s tariffs are one reason
HIGH POINT — Last fall, Chris Morris saw an opportunity in residential upholstery manufacturing and decided to revise his business strategy to accommodate it. With an eye on upholstery manufacturers seeking out a domestic, private-label partner, Morris created a plan to increase production for residential upholstery at his Vision Contract Manufacturing factory in High Point. Less than [&hellip[...]
Vaughan-Bassett touts made-in-America inventory, vows no immediate price increases in wake of tariffs
Made-in-America bedroom and dining furniture manufacturer Vaughan-Bassett, which is headquartered in Galax, sent a letter to dealers and sales reps Thursday morning announcing no price increases for 120 days and discounts on certain items in wake of the tariffs announced Wednesday. “Given the great uncertainty created in the home furnishings marketplace as significant tariffs will […]
