Appalachian Hardwood Manufacturers Inc. reports that maple is among the prevalent wood species used in both solid wood and veneered furniture. More
The American Home Furnishings Alliance and Home Furnishings Assn. joined the National Retail Federation among more than 100 signatory trade associations under a letter urging U.S. Trade Representative Robert Lighthizer to maintain the North American Free Trade Agreement’s existing trucking provisions under a renegotiated trade deal. More
Hurricanes and unseasonably warm temperatures ate into TJX Cos. fiscal third quarter results as the off-price retailer posted a 6% sales increase but flat same-store sales. More
Nourison is going solar. The area rug house of handmade and power-loomed varieties is in the process of accommodating a kW-DC photovoltaic solar system, capable of producing nearly 770,000 kilowatt hours of electricity its first year and more than 19 million kilowatt hours over 25 years. More
The Georgia Ports Authority has approved $42.3 million for a project to expand rail and gate expansion that will significantly increase capacity at GPA’s Garden City Terminal. More
News From The Web
- Editors discuss the ASTM committee meeting to discuss bunk bed staircase safety, as well as Amazon's two new private label furniture brands, their delivery and what this means in the world of online furniture sales.
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November 9, 2017I’m always a little surprised when people discuss e-tailers like Wayfair and Amazon and want to measure their success by their month-to-month profitability. It usually goes something like this, “Sure Wayfair had $1.2 billion in sales last quarter and was up 41.9% year over year, but look at the loss it had. When is it ever going to turn a profit?” It’s a direct echo of conversations I heard all throughout the ’90s about Amazon. Each quarter the revenue would go up, it would capture more customers, and sceptics would question its profitability and speculate about ...
From A Rep's Perspective
November 8, 2017My head was spinning, my mind was racing, and I was downright concerned that life in the furniture business was not ever going to be the same again! I was concerned for my retailer customer, my fellow reps and our rep organization because of the futuristic projections thrown at me from very knowledgeable people. Recently I attended a conference sponsored by HFN, a sister publication of Furniture Today around the topic of omnichannel retailing. My definition of this concept after absorbing the information from the conference isthe communication of brand or message across all platforms giving the retail customer a ...
September 8, 2017Conn’s managed to swing to a profit despite a steep drop in fiscal second quarter sales, and its higher-margin furniture business had something to do with that. Here’s more on this, the continuing impact of Hurricane Harvey and other takeaways from Conn’s earnings call with the investment community Thursday: Conn’s loses fewer business days to Harvey but … The furniture, electronics and appliance retailer lost about 100 selling days to Hurricane Harvey — not bad when compared to other storms, such as Hurricanes Ike and Gustav in 2008, which combined for 144 lost days, and Hurricane Rita in ...
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November 28, 2017 - November 30, 2017
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