Joanne Friedrick

More pop-ups and permanent showrooms are on tap for DTC brand Cozey, as are new product categories for 2025.

STAMFORD, Conn. — Furniture retailer Lovesac is paying $1.5 million to settle a lawsuit brought by the Securities and Exchange Commission over charges that the company and two of its former employees, Donna Dellomo and Yoon Um, violated accounting practices related to furniture shipping expenses.

HIGH POINT — Rove Concepts, the Vancouver-based direct-to-consumer furniture company, came to High Point Market for the first time this fall, looking to expand its business-to-business trade.

BOSTON — Thomas Netzer, chief operating officer at Wayfair, is stepping down at the end of the year. Netzer, who has been with Wayfair since 2018, will remain with the retailer for a transition period, serving as a strategic adviser through October 2025.

HIGH POINT — More than just a leisure activity or entertainment source, television viewing is now considered another viable revenue stream for companies selling products.

VANCOUVER, British Columbia — With the look of conventional modern furniture, but the ease of a bed-in-the-box mattress, Rove Lab is eyeing a younger demographic for its new product that officially launches in December.

BOSTON — Perigold, the luxury home brand within the Wayfair portfolio, is planning to open a store in spring 2025 in Houston’s Highland Village, moving up the debut of its brick-and-mortar presence.

HIGH POINT — After a tumultuous 2023, the first half of 2024 shows furniture imports on the upswing, while exports of U.S.-made products also made gains.

An analysis of Black Friday ads by WalletHub shows several major retailers are planning deep discounts on furniture this year.

MIAMI — Furniture may not be at the top of the discount list for Black Friday, but there are still deals to be had, according to WalletHub analysis of retailer ads for the post-Thanksgiving shopping day.