Wayfair reduces global workforce by 5%
BOSTON – Wayfair said it is cutting its global workforce by 5%, a move that will affect some 870 employees. The reduction also includes about …
Category: E-commerce
Giorgi Bros. credits Outward Aperture Platform for selling more products online
SAN JOSE, Calif. – San Francisco-based independent traditional furniture retailer, Giorgi Bros., has credited the Aperture Platform by Outward, Inc., an independent Williams-Sonoma, Inc. company and …
Furniture stores sales edge up 2.1% in July
WASHINGTON — Furniture retailers appear to have made just a little progress unloading heavy inventories last month. Sales at U.S furniture and home furnishings stores …
Purple Innovation seeks ITC investigation into trade practices of Chinese producers
The complaint alleges unfair competition in the manufacture of certain pillows, seat cushions and other components and packaging WASHINGTON, D.C. — Bedding manufacturer Purple Innovation …
Learning from Ikea’s long game and ‘glocal’ sourcing strategy for India
A snapshot of furniture retailing in one of the world’s largest markets Reading through the various reports on the opening of Ikea’s 460,000-square-foot store in …
Wayfair posts Q2 sale decrease, 2022 loss grows
BOSTON — Home furnishings e-commerce giant Wayfair posted a double-digit decline in second quarter sales and swung to a loss vs. last year’s second quarter …
T.J. Maxx parent agrees to $13 million civil penalty for selling recalled infant products
Sale of some 1,200 products from March 2014 through October 2019 included rocking sleepers and inclined sleepers recalled due to infant suffocations and deaths WASHINGTON …
Report predicts global e-commerce furniture sales will reach $40.7 billion by 2030
HIGH POINT — A recently published report by Next Move Strategy Consulting predicts the worldwide e-commerce market for furniture will reach $40.74 billion by 2030, …
What does the Modsy shutdown mean for the furniture industry?
On June 29, TechCrunch reported that Modsy had stopped offering consumers e-design services and shared this statement from Shanna Tellerman, founder and chief executive officer …
Rent-A-Center hires SOCi for localized marketing
SAN DIEGO — July 6, 2022— Rent-A-Center, the leading dedicated lease-to-own retail channel for durable goods such as furniture, electronics, and appliances, named SOCi its …
