Blog: A Twilight Zone moment for the furniture industry
With Chinese New Year and investigations into Vietnamese imports looming, IHFRA’s Ray Allegrezza strains to see how things play out.
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With Chinese New Year and investigations into Vietnamese imports looming, IHFRA’s Ray Allegrezza strains to see how things play out.
The home furnishings e-commerce retailer has soft-opened the first Emma Mason physical showroom, the first step in its brick-and-mortar expansion plan for the East Coast.
As the severity of the COVID-19 pandemic was becoming clear, more than 1,300 Nationwide Marketing Group member stores closed their doors temporarily. Some eventually would end up closing for good as the complications surrounding the pandemic proved too much to bear. But, perhaps surprisingly, this end scenario proved to be the exception rather than the rule.
HIGH POINT —Throughout the showrooms of the ITA Showtime Market this week, two themes wound common threads among the fabric producers at the show—comfort and …
Century Furniture was struck by a “malware intrusion” early this month, an attack that crippled its main communications channels temporarily while its IT and other teams worked to sort things out. No sensitive customer information was compromised, and the company’s communications channels were back up and running normally within a few days, said CEO Alex Shuford III.
HNN staffer and Casual News Now Editor-In-Chief Jennifer Bringle presents highlights from this week’s ITA Showtime Market in High Point.
Franchise Group, which last week bid to acquire bankrupt FFO Home, has refranchised 47 of its Buddy’s Home Furnishings stores to apparel retailer and licensor Bebe. It’s a move that provides new insight into the business model of a company that has been in furniture industry expansion mode since the middle of last year
Some U.S. producers claim to have been operating at about 50% capacity, pre-COVID. On the other side, importers are arguing the duties will harm their businesses and have an adverse effect on the American consumer. The truth lies somewhere in the middle, and the pandemic has only muddied the waters.
