One of the keys to improving the furniture industry’s carbon footprint is the issue of mattress recycling in the United States. This is arguably one of the home furnishings industry’s most important, misunderstood, and overlooked environmental issues. It is estimated that, in 2025, approximately 20 million mattresses will be disposed of,
Picture this: It’s a happy day. You just got the keys to your new apartment after years of experiencing housing insecurity. First and last month’s rent, deposits, utilities, and basic necessities such as food leave you with little money to spend on furniture, so the door closes on an empty
In retail furniture, standing out from the competition is essential. While quality and design have always been critical, today’s consumers are looking for more—they care deeply about the social impact of the companies they support. This is where Corporate Social Responsibility (CSR) comes into play. CSR isn’t just a buzzword;
In an era where businesses are no longer solely judged by their bottom line, corporate social responsibility (CSR) has become a critical aspect of modern commerce. For home furnishings businesses, having a CSR program is an ethical imperative and a strategic choice that can engage employees, attract customers, and benefit
Exciting growth opportunities are emerging on the horizon for furniture and bedding retailers. As several national and regional non-furniture retailers face challenges, smaller regional furniture retailers can capitalize on these openings. With low occupancy rent expenses, these retailers can expand into existing and new markets, filling gaps left by struggling
At the recent International Council of Shopping Centers (ICSC) conference in Las Vegas, approximately 25,000 retail experts converged to share their perspectives on the retail industry’s current state and future direction. Brimming with ideas, insights, and innovations, this dynamic event provided a comprehensive look at how the sector is evolving.
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
Running a successful business involves more than just making sales; it requires effectively managing your retail cash flow. This blog post will explore key strategies to increase your retail cash flow and improve your business’s profitability. You will learn practical tips and actionable advice to optimize your retail cash flow.
An effective strategic plan provides step-by-step instructions for launching, growing, or redirecting an organization. The strategic planning process involves: Defining the organization’s vision. Conducting a situational assessment (including validating the forecast/outlook). Setting goals, objectives, and priorities (while understanding that different constituents may have different desired outcomes). Developing a tactical process
In the ever-evolving landscape of home furnishings, 2023 presented a unique set of challenges that tested retailers’ resilience and ingenuity. Furniture Today’s Top 100 report sheds light on how the leading furniture retailers tackled these challenges head-on, showcasing their strategic foresight, determination, and the adoption of retail innovation to thrive
In the modern furniture market, sustainability is rapidly becoming a priority for consumers and retailers alike. As customers purchase new
Lately, sustainability is all the rage in the furniture world. Manufacturers feel pressure to innovate as more consumers demand eco-friendly
Discover what sets Raymour & Flanigan apart as the leading furniture retailer in the northeast United States. From receiving awards
NFM’s Shane Pohlman is not just a leader in the home furnishings industry; he’s a game-changer who brings a vibrant
2024 HFA DC Fly-In Recap In the heart of the nation’s capital, Washington DC, the HFA Government Relations Action Team
Unlock the Power of Furniture Recycling Implementing a furniture recycling program can boost your sustainability efforts, foster community engagement, and establish you as an environmentally
Maintaining Financial Strength: PART 2 Maximizing Revenue Streams and Strategic Growth In the second part of our webinar series on maintaining financial strength, we dive
