Finance

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Merchant Cost Consulting
Understanding Merchant Fees and How They Affect Your Bottom Line

In today’s competitive retail environment, managing operational costs is more than just a best practice—it’s a survival strategy. For furniture retailers, many overhead costs are visible and easy to track: rent, payroll, and inventory. But one area often escapes close scrutiny: credit card processing merchant fees. These merchant fees, quietly

A business man in front of his computer looking at all of his business figures. Picture generated by Freepik.com
Citrin Cooperman
KPIs Furniture Retailers Should Focus on to Drive Success

Business owners understand that numbers wield immense power. However, leveraging these numbers to boost your bottom line is not always simple. For stores looking to amplify retail furniture sales, tracking and interpreting key performance indicators (KPIs) is a crucial first step. Retail furniture is fiercely competitive, with stores diligently analyzing

Synchrony sales team with the HFA 2025 Partner of the Year Award
Home Furnishings Association
Celebrating Synchrony: A True Champion for Home Furnishings Retailers

Synchrony Named HFA 2025 Partner of the Year In the retail home furnishings industry, partnerships that truly make a difference stand out. This year, the Home Furnishings Association (HFA) has proudly named Synchrony as the 2025 HFA Partner of the Year—a testament to their unwavering commitment to helping furniture retailers

Customer journey concept. Customer behavior analysis, marketing strategy. Social media marketing, content marketing, purchase, storytelling, seo, awareness, advertise, online marketing. Sales funnel.
Katapult
Four Ways Retailers Can Elevate the eCommerce Experience

In today’s crowded online marketplace, consumers are overwhelmed with choices. To stand out, furniture retailers must offer an eCommerce experience that gives consumers the engaging and intuitive journey they have come to expect. This means understanding your customer’s needs and making every step seamless and enjoyable, from discovery to browsing

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Kafene
Lease-to-Own Demystified: A Guide to Boosting Holiday Season Sales

With Black Friday and the holiday rush on the horizon, it’s the ideal time to make sure your financing options are set up to help customers confidently make big purchases. Many customers want to create a cozy, inviting home for family gatherings—whether upgrading to a new dining table or finding

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Katapult
Leveraging LTO Financing for Retail Growth

Attracting and retaining customers is paramount to success in the retail furniture industry. Traditional financing models can be exclusionary; in fact, 30% of shoppers are overlooked by these options, leaving a significant portion of potential customers unable to access the furniture they need. These consumers are eager to spend but

American dollars grow from the ground
Fortiva Retail Credit
Growing Retail Sales with Second Look Financing

Approximately 40% of the U.S. population has less-than-perfect credit1, with credit scores that range from 550-700 amid the broader FICO scale of 300-850. Although these everyday Americans typically have dependable and full-time income, they fail to meet the criteria of prime lenders. When a prime lender declines credit for these

Man blowing money out of his hands
David McMahon
Analyzing Which Expenses Will Maximize Profitability and Cash Flow

Whatever regional economic situation you find yourself in, there is always an opportunity for improvement. It is important to have your finger on the pulse of your business and look for ways to maximize profitability and cash flow. If sales grow faster than in previous periods, cash flow will grow

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Home Furnishings User
The Importance of Understanding Your Retail Financial Health

In the dynamic and ever-evolving world of retail, understanding your financial health is not just a recommended practice; it’s a critical necessity for survival and growth. For a furniture retail store, comprehending the intricacies of your financial well-being can make the difference between thriving and fading into obscurity. This blog

An odometer with the different generations. Baby boomer, Gen X, Gen Y, Gen Z
Katapult
Alternative Payment Options Enhance Customer Experience

In today’s digital age, furniture customers expect convenience and flexibility regarding payment options. This blog post will explore the importance of offering alternative payment methods and how they can benefit your business by providing enhanced customer experience and driving increased loyalty. The value and appeal of flexible payment solutions In

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