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Exclusive Furniture is the latest HFA member to join Furniture Today’s Top 100 list. The 2019 rankings, released last week, include the Houston-based store at No. 98.
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Home Furnishings Association
HFA members’ acquisitions pay off in sales – and FT’s Top 100 list

A slew of acquisitions helped a pair of Home Furnishings Association members make the biggest jumps among furniture stores in Furniture Today’s Top 100 list for 2019. Furniture Today’s rankings are based on a company’s estimated annual sales. With an estimated $169.8 million in sales last year, FFO Home jumped from No. 66 in last year’s rankings to No. 49 after acquiring 13 Furniture Liquidators stores and another 15 Mattress and More bedding stores from Service Furniture and Bedding. The Arkansas-based company also opened eight stores last year and is not slowing down. FFO opened its 84th store in Stephenville,

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An Ivan Smith Furniture worker shuffles furniture around the company’s 45th and newest store in Shreveport, La. At 50,000 square feet, the store is the company’s largest.
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Home Furnishings Association
Ivan Smith’s newest store will be its biggest

For six long years, Home Furnishings Association member Ivan Smith Jr. and his sons, Jonathan and Trey, had been looking for the right location for a flagship Ivan Smith Furniture store in Shreveport, La. Earlier this spring, their patience was rewarded. The newest Ivan Smith Store – No. 45 if you’re counting – opened May 23 in Shreveport just off Interstate 49. At 50,000 square feet, it is the largest of all the stores. By comparison, the next-largest store is about 40,000 square feet. Ivan Smith Furniture was founded in 1961 and is based in Shreveport. The company was started

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Fly-in is valuable, participants say

Above: Jacqueline and Jesús Capó, Rob Davis, Mitchell Stiles and Matt Schultz at the Capitol in Washington, D.C. It’s called a fly-in, but Home Furnishings Association members traveled to Washington, D.C., by planes, trains and automobiles to meet with key government leaders May 14-15. Subjects discussed included trade, taxes and regulatory matters. The annual visit to the nation’s capital, arranged by government relations firm Dutko GR, gives HFA members the chance to hear from and express concerns to elected representatives and agency officials. The busy agenda featured a series of meetings all day May 14 with executives at the National

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CPSC’s Feldman calls tip-overs a ‘serious issue’

The subject of furniture tip-overs “is receiving the agency’s highest attention at this time,” Consumer Products Safety Commission member Peter Feldman told industry leaders in Washington, D.C., last week. Feldman, nominated by President Donald Trump and confirmed by the Senate last year, is the newest commissioner on the five-member CPSC. While Feldman said he favors regulating with a “light touch” and eliminating outdated and unnecessary rules, “the stories are heartbreaking” when it comes to children killed and injured by falling dressers. Just days before Feldman spoke to members of the Home Furnishings Association and American Home Furnishings Alliance, the CPSC

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Partisan politics holds up tax fix

Photo above: U.S. Rep. Jackie Walorski (R-Ind.) speaks with Eric Blackledge of HFA member Blackledge Furniture on Capitol Hill May 14. An important tax correction continues to pick up bipartisan support on Capitol Hill, but it’s not out of the political swamp yet. Home Furnishings Association members heard reasons to hope and cause to worry from Washington insiders last week. The annual Fly-in to the nation’s capital gives participants the chance to meet face-to-face with elected representatives, regulatory agency leaders and key staffers, express concerns and ask questions. The event is held in partnership with the American Home Furnishings Alliance.

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Home Furnishings Association members talk tariffs in Washington

Unseasonably cool weather greeted Home Furnishings Association members visiting Washington, D.C., last week, but one topic heated Capitol Hill conversations: Tariffs. “In no scenario does it help our industry to have tariffs,” Larry Zigerelli, president and CEO of FFO Home in Fort Smith, Ark., told a senior aide to Senate Majority Leader Mitch McConnell. If one goal is to shift furniture production from China to Vietnam or other countries, he added, tariffs will have little effect. “The idea that manufacturing will go somewhere else is not feasible,” he said. Two days of meetings Zigerelli was part of a group representing

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