Conn’s, Big Lots results show related, yet unique challenges in furniture segment
Both retailers had declines in revenues and net income during their first fiscal quarter. The economy and other factors will determine how they each change …
Category: E-commerce
Lowe’s Home Improvement sees opportunity in indoor, outdoor furnishings
Company website offers many SKUs across bedroom, dining room, living room and office furniture MOORESVILLE, N.C. — As readers will soon notice on our latest …
YOY April furniture store sales fell 6.4%
Sales also fell .7% from March, further highlighting competition from other areas such as travel and dining out WASHINGTON — Year-over-year sales at furniture and …
Dorel reports declines in Q1 sales, earnings
Softness in consumer demand for furniture, lingering inventory issues, created challenges in the Home segment MONTREAL — Dorel Industries reported a decline in revenues and …
The challenges and advantages of direct-to-consumer sales
During the recent furniture market, I heard lots of chatter about how the pandemic leveled the playing field — specifically between retailers and suppliers. The …
Wayfair’s latest results show it could be facing long road to profitability
Company still reports a net loss of $355 million despite extensive cost-cutting measures BOSTON, Mass. — Wayfair Inc.’s latest results show that a turnaround to …
Flexsteel reports 29.5% decline in revenues in fiscal Q3
Decrease was driven by $36.7 million drop in sales of furniture sold through retail stores and $4.7 million decrease through e-commerce channels DUBUQUE, Iowa — …
A closer look at what’s driving interest in area rugs
Some 29% of households plan to buy an area rug between now and the end of June, with younger consumers representing a third of those …
Consumers love online videos, so furniture sellers need to be on the sites that show them
The forecast for e-commerce sales in home furnishings is a “good news/bad news” sort of thing. Most of us like to hear the good news …
Latest CIN research looks at demand for bedding
Nearly a quarter of those surveyed plan to buy a mattress in the first half of 2023 with 70% saying they plan to buy at …
