Although new residential furniture orders rose 5% in January 2023 compared to December figures, the year-over-year comparison saw a double-digit drop, down 25% from January 2022, according to the latest issue of Furniture Insights produced by Smith Leonard.

PORTLAND, Ore. — Jeff Neal has been named the Chief Financial Officer (CFO) at Nova USA Wood Products, Inc., a supplier of hardwood products and accessories. Neal is responsible for supervising the company’s accounting, human resources, IT, and financial strategic planning activities.

RH, the luxury furniture brand formerly known as Restoration Hardware, laid off approximately 440 workers last week.