January furniture store sales fall 9.8% from last year
Segment posted a 1.5% gain from December, a trend many hope will continue into the months ahead WASHINGTON — Furniture store sales fell 9.8% during …
Category: E-commerce
IHFRA’s John Pinion on the changing role of the independent sales rep
In this latest edition of The Last Word, Home News Now Editor-at-Large Ray Allegrezza interviews John Pinion, chairman of the International Home Furnishings Representatives Association. …
The RoomPlace bankruptcy declaration cites rise in interest rates as a challenge to business
Subsequent decline in housing sales, construction had adverse impact on furniture sales LOMBARD, Ill. — A rise in interest rates that impacted housing sales and …
Top unsecured creditors identified in The RoomPlace bankruptcy
Editor’s note: This story has been updated to reflect a more accurate listing of creditors and amounts owed, most notably those named on the unsecured …
2023 — the year in furniture recalls
Numbers from CPSC indicate fewer incidents and injuries last year compared to 2022 HIGH POINT — As 2023 came to a close, we took the …
E-commerce resource Eureka Ergonomic looks to grow with brick-and-mortar retailers
Manufacturer hires Josh Carter as VP of sales to expand B2B distribution LA MIRADA, Calif. — As part of an effort to expand its footprint …
Karat Home completes acquisition of Z Gallerie assets
Purchase includes lifestyle retailer’s intellectual property and assets to support its e-commerce business FORT WORTH, Texas — E-commerce furniture platform Karat Home has completed its …
Wayfair to reduce its global workforce by 13%
Move will result in 1,650 layoffs, save company $280 million a year BOSTON — Wayfair is reducing its global workforce by 13%, a move that …
Furniture store sales fell 4.7% in December from prior year
For the full 12 months, sales fell 5.4% compared to calendar year 2022 WASHINGTON — Furniture store sales were once again one of the worst …
E-tailers facing number of challenges this year
Last week, I did a deep-dive chat with a few friends who have probably forgotten more about e-commerce than I will ever know. For decades, …
