In today’s competitive world, increasing revenue isn’t just about selling more; it’s also about selling smarter. Whether you operate a brick-and-mortar store, an eCommerce platform, or likely both, data analytics can be your most powerful tool for unlocking growth. By understanding and leveraging your data, you can make informed decisions
In home furnishings retail, understanding and the ability to forecast seasonal trends is key to staying ahead in terms of your ability to capitalize on demand, respond to the right trend, and keep inventories right-sized. Furniture retail is no different than other retail sections. It is even more ‘seasonal’ than
Whether expanding locations and pursuing a more robust system or seeking to upgrade to a platform with deeper insights that can future-proof your position in the market, switching to a new POS system isn’t to be taken lightly. Searching for a new POS system for your growing home furnishing business
It’s the middle of the day, the showroom is full of customers, and the sofa everyone wants is out of stock. Meanwhile, your retail technology is reacting, not predicting — and it’s costing you. Choosing the right retail technology to manage your inventory can make all the difference between keeping
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
As the home furnishings industry braces for renewed economic pressure due to evolving U.S. tariff policy, small and mid-sized business owners—especially those importing goods from China and Vietnam—are watching their margins tighten. The impact is widespread, with increasing shipping, manufacturing, and wholesale prices. According to a recent article in The
Retailers often think the next boost in their business will come from finding the next amazing line of merchandise or discovering a new marketing tool. Sometimes, they believe it will happen because they hire a killer salesperson or hope new businesses will fill vacancies around them, bringing traffic. The problem
Differentiation is key in today’s competitive home furnishings market. Furniture retailers increasingly turn to private labeling and exclusive product partnerships with manufacturers as strategic tools to stand out, build brand equity, and improve margins. For store owners, general managers, and buyers alike, the opportunity to offer something your competitors can’t
Cash flow. It’s the lifeblood of every business, and for home furnishing retailers, it’s no different. In a competitive industry where consumer demands are becoming increasingly hard to satisfy, cash flow management for retailers can be a struggle. To put it in perspective: 23% of small businesses in the US
In today’s dynamic economic landscape, furniture companies must continuously evaluate their retail expenses to enhance profitability and ensure robust cash flow. While increasing sales is vital, optimizing all types of costs can significantly impact your bottom line. Let’s consider how the types of costs affect your business and the challenges
Shaving cost per asset while maximizing revenue is a top priority for home furnishings retailers today. To help achieve this,
The success of your business often hinges on the people working the floor, managing deliveries, handling customers, and selling products.
Today’s furniture shoppers bounce between browsing sofas on Instagram at midnight and testing fabric swatches in your showroom on the
“The 90-day tariff extension isn’t a finish line—it’s the starting block for your next profit strategy.” The trade landscape just
In today’s retail landscape, where demands are constantly increasing and productivity is key, the role of a manager has become
Smarter Media Strategies for Furniture Retailers In today’s crowded advertising landscape, every dollar counts—and standing out has never been harder. Are your media channels truly
Winning in the Age of AI for Retail SEO Retail SEO is evolving fast. With AI-driven search and Answer Engine Optimization (AEO) reshaping how consumers
Retailer-to-Retailer Roundtable: Back-End Operations Exclusive for HFA Members Looking for a place to connect with like-minded retailers, share challenges, and
In today’s crowded advertising landscape, every dollar counts—and standing out has never been harder. Are your media channels truly delivering
