May existing home sales fall 2.8% from May 2023
Despite rising inventory levels, home prices continue to rise, placing existing homes out of reach for many first-time buyers WASHINGTON — Existing home sales fell …
Category: Consumer financing
TD Bank market survey: Nearly half of respondents concerned about economy
However, nearly 40% anticipate spending on home furnishings to increase in the 2nd half HIGH POINT — A survey by TD Bank at the recently …
Acima Leasing signs multiyear agreement with Levin Furniture & Mattress
PLANO, Texas — Acima Leasing, one of the nation’s leading providers of lease-to-own solutions and a business of Upbound Group Inc., signed an exclusive multiyear …
Consumer confidence remains flat in March
While recession fears have fallen, consumers are concerned about elevated prices and interest rates, which could continue to impact high-ticket purchases such as furniture WASHINGTON …
CIN research offers deep dive into planned upholstery purchases in 1st half
Sofas, sectionals and other living room seating remain top of mind for those across all age groups, but particularly with younger consumers HIGH POINT — …
Industry association survey reveals credit and risk management concerns
HIGH POINT — Earlier in the first quarter of 2024, Furniture Manufacturers Credit Association recently reached out to its members to get a perspective of …
ChargeAfter unveils omni-channel Lending Hub platform
New York, March 4, 2024, ChargeAfter, the embedded lending platform for point-of-sale financing, has unveiled The Lending Hub, a platform that transforms how banks deliver lending solutions …
Consumer confidence falls in February
Plans for big-ticket purchases decline amid ongoing concerns about rising interest rates over the next 12 months WASHINGTON — Consumer confidence fell in February, reversing …
Citi Retail Services selects ChargeAfter as technology provider for Citi Pay products
NEW YORK – ChargeAfter, the embedded lending platform for point-of-sale financing announced that Citi Retail Services, one of North America’s largest and most experienced retail payments …
CIN research shows (low) pricing remains a critical driver of most home furnishings purchases
Survey on buying plans for the second half echoes a familiar theme: Consumers don’t want to pay a lot for their furniture HIGH POINT — …
