Q4 momentum driving positive 2021 Outlook The crazy year that was 2020 ended strongly for home furnishing retailers, according to our new HFA/Piper Sandler survey. After easing off a little in November, strong sales in December fueled Q4, which was up 16% year over year even with a continued lack
2020 to Finish Strong In early October, many home furnishing retailers were feeling confident about a relatively strong fourth quarter. Our HFA/Piper Sandler special Black Friday Weekend Furniture Retailer Survey shows they are now feeling even more optimistic. The Black Friday/Cyber Monday weekend turned out to be incredibly robust for our
The American Home Furnishings Hall of Fame Foundation is looking for rising stars in the industry. Recent classes of Future Leaders have included Home Furnishings Association members Matt Schewel of Schewels Home, Kristen Trapp of RC Willey and Cameron Wanek of Ashley Furniture Industries. Nominations may be made until Jan.
August saw the largest increase of the year in new home furnishings orders, according to the latest Smith Leonard monthly survey of manufacturers and distributors. The findings reinforce the recently released results of a third-quarter sampling of furniture retailers by Piper Sandler and the Home Furnishings Association. [Furniture retailers expect
Christy O’Hara ventured to High Point, N.C., for the October market and was disappointed that some of her suppliers didn’t. So, she won’t be carrying their products, the owner of new Home Furnishings Association member Steel Roots Home Décor said. Her two-year-old Chapel Hill, N.C., business offers home furnishings, lighting,
Furniture retailers expect sales to accelerate through the fourth quarter of 2020, according to a survey by Piper Sandler in partnership with the Home Furnishings Association. The bullish outlook follows 8 percent average sales growth year-over-year reported by respondents in the third quarter, the survey found. Not all the results
The Home Furnishings Association’s Resource Center opened for business today. The fall High Point Market began with overcast skies this morning and some uncertainty about the days ahead. The Oct. 13-21 schedule spreads out traffic, and other Covid-related restrictions will hold down attendance. But the sun emerged before noon –
The numbers continue to astonish. The latest Smith Leonard survey of residential furniture manufacturers and distributors reported a 39 percent increase in new orders from July 2019 to July 2020. That followed a 30 percent rise in June from a year earlier. “We pretty much expected another good month and,
The second-look finance company provides retailers with more opportunities to help shoppers complete a purchase Fortiva Retail Credit knows what the power of saying “YES!” can do – not just for the consumer, but the retailer, too. When shoppers use Fortiva to establish financing in your store, they’re more likely to return for a second
With less than a week to go until the opening of the Fall 2020 High Point Market, about 70 percent of active exhibitors will be open for business, according to the High Point Market Authority. Retailers who want to see which showrooms have confirmed they will be open can visit
In this Quick Click Solutions video by Erin Martin of Netsertive, Erin shares three tips on how furniture retailers
For Don and Kay Garbel, removing furniture from Garbel’s Furniture & Flooring is a logical first step toward retirement. The
I’m David Gunn of Knight Furniture, your HFA president for 2021. I’ve never looked more forward to a new year
Furniture retailers would love to see customers lined up at their front doors when they reopen after weathering the public
I am craving contact! I think in home furnishings, we all are craving contact right now. Our industry has many
Congress and the Trump administration are preparing another Covid-19 relief package. The Home Furnishings Association’s Washington representative, Chris Andresen, and government relations liaison Doug Clark
Everyone is trying to figure out what the “new normal” will look like when your stores reopen. What will recovery look like to you and
