Brighter Days for Furniture Industry? Could Be ...
March 11, 2010
Could the furniture industry be on the brink of a turnaround?
A recent article in the Wall Street Journal suggests that could be happening.
The article, published Wednesday, points to recent reports of increased year-to-date orders at Ethan Allen and Haverty Furniture Cos. as a glimmer of hope that consumers are ready to jump back into making larger purchases.
Ethan Allen recently reported a 25 percent spike in orders for the first two months of its fiscal year, and Havertys, in its quarterly report last week, noted an 8 percent increase in orders compared to the same period last year.
A recent article in the Wall Street Journal suggests that could be happening.
The article, published Wednesday, points to recent reports of increased year-to-date orders at Ethan Allen and Haverty Furniture Cos. as a glimmer of hope that consumers are ready to jump back into making larger purchases.
Ethan Allen recently reported a 25 percent spike in orders for the first two months of its fiscal year, and Havertys, in its quarterly report last week, noted an 8 percent increase in orders compared to the same period last year.
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