At Home, a giant retailer of home furnishings, is turning around after enduring skyrocketing supply chain costs in 2021 and 2022. After absorbing more than $300 million in increased costs over the previous two years, the company announced this morning that it is permanently lowering its price points on thousands […]
Furniture News
Cort, an international provider of furniture rental and transition services, hired The Cort Events team has appointed Phil DeSarno to the newly created position of vice president of sales, marketing, and merchandising. “Cort Events will continue to innovate our business and expand our strategic and operational capabilities,” said Senior group […]
It is generally acknowledged by producers, merchants, and customers alike that defining sustainability can be challenging. Is it founded on products, methods, internal rules, or something else? It’s all of the above, as well as a chance to tell a compelling product story, according to Scarlette Tapp, executive director of […]
The cash and stock transaction is valued at $485 million. HNI Corp., a large manufacturer of contract and office furniture. has acquired Kimball is a significant player in the office furniture industry. The cash and stock transaction is valued at $485 million. According to the terms of the agreement, each […]
Due to high retail inventories and decreased consumer demand for mattresses and upholstery products, fabric supplier Culp Inc. to a third-quarter loss of $9 million, a decline from the reported net loss of $289,000 in the prior-year quarter. For the third quarter that ended in January, the business reported net […]
Continuing the success of the previous fair, the 14th edition of the Vietnam International Home Furniture & Accessories Fair (VIFA EXPO) is scheduled to take place in Ho Chi Minh City, Vietnam in March 2023 under the theme “BIGGER – BETTER – BOLDER”. For those involved in the wood industry, […]
With the launch of a specific Amazon store, lifestyle heiress Martha Stewart is extending her reach into e-commerce. “The World of Martha” is designed as a one-stop shop for home and lifestyle essentials. Additionally, it has recipes and video content. “Creating an immersive brand store, while also adding a new […]
Continuing the success of the previous fair, the 14th edition of the Vietnam International Home Furniture & Accessories Fair (VIFA EXPO) is scheduled to take place in Ho Chi Minh City, Vietnam in March 2023 under the theme “BIGGER – BETTER – BOLDER”. The VIFA EXPO has established itself as […]
At the spring 2023 High Point Market, three brand-new trends are examined by International Market Centers’ TrendWatch. The semi-annual report highlights products that will be on display at the April 22–26 market in three on-site product displays, a pre-market webinar, a digital flipbook, an onsite seminar, and other venues. The […]
The Merchants Payment Coalition says passage of the Credit Card Competition Act would add a layer of safeguarding, keeping China from “infiltrating” the Payments processing industry in the US. A letter was written by representatives of the organization to a House committee that was holding a hearing on Chinese economic […]
Bed Bath & Beyond is making a proposal that it hopes investors won’t reject. Seeking to unearth more than $1 billion in new cash, the company late yesterday announced a proposed offering of shares of its Series A convertible preferred stock, warrants to purchase shares of Series A convertible preferred […]
With the introduction of Celebrate Black Makers, Wayfair has increased the selection of home goods from Black-owned companies and made it simpler for customers to shop for them. In conjunction with the launch, the retailer launched its Supplier Diversity@Wayfair program, which was created with input from Black-owned suppliers like AphroChic […]
Customers dislike the current shopping experience, despite the fact that they prefer it to shopping online. 41% of Americans responded to a recent survey, which was conducted online. shoppers said the quality of the in-store experience is less enjoyable than it was pre-COVID, with the undertrained or unprepared retail staff […]
Numerous permanent outdoor showrooms in AmericasMart were made available to buyers during the first Atlanta Market of 2023, and the soft launch helped prepare for the launch of the Casual Market in July. “This is our soft opening, and we’re getting all of the kinks worked out,” said John Pinion […]
Even though it will be brief and mild, the furniture industry’s expansion and prosperity in 2023 are likely to be impacted by the current recession. According to economists who are forecasting the economy for the coming year, a recession is imminent due to factors like declining consumer confidence, ongoing inflation, […]
According to a report released this week by the National Retail Federation and Hackett Associates, the pandemic-driven surge in import cargo volume has finally subsided, and the monthly import cargo volume at the country’s major container ports has dropped below the 2 million TEU threshold and is expected to stay […]
Top 100 retailer Clive Daniel Home is constructing a showroom in this location even though it already has a warehouse and corporate offices there as it works to assist its hometown in recovering from Hurricane Ian. A year after Hurricane Irma devastated the area, officials hope to open the 48,000 […]
As people build multipurpose backyard retreats for entertaining and relaxation, the popularity of outdoor living spaces is predicted to grow in the coming year. Meanwhile, outdoor retailers are focused on increasing sales with products that meet the demand. These retailers say they are looking for a variety of products that […]
A Chapter 7 bankruptcy filing with the US has been forced upon Lane Furniture by three creditors, including the bank Wells Fargo. Court for Bankruptcy here. Wells Fargo stated in court documents filed on December 1 that it was joined by two additional United Furniture/Lane Furniture creditors. 30 that the […]
Do you intend to purchase a sofa? How about Outer Outdoor Sofa? Read the Outer Outdoor Sofa Review, I think you’ll adore the couch. Outer Outdoor Sofa is so comfortable, durable, and beautiful. Cushion covers are already built into it. A 10-year warranty is also provided. But, Outer Outdoor Sofa […]