Leadership & Management

Effective data visualization can greatly enhance the understanding of financial data. Many professionals in finance use benchmarking as a tool to gauge their performance against industry standards.
Bright Data
Forecast Seasonal Trends Using Data and eCommerce Analytics

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

A brightly lit furniture store on a sunny afternoon, featuring a Hispanic male customer in his late 30s wearing a blue polo shirt and khaki pants, standing at the sales counter. A Caucasian female sales associate with blonde hair, in her mid-20s, wearing a company-branded red polo shirt, assists him from behind a modern Point of Sales System. Shelves of colorful pillows and throws are visible in the background. created by Freepik.com
Lightspeed Commerce
10 Things to Look for When Buying a POS System

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

Evoneer
AI vs. Rules-Based Systems in Furniture Retail: Finding the Right Fit

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

Hands holding, showing bank credit card mockup, blank gold bankcard mock up.
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

Reducing costs at one point entails a failure and a decrease in work efficiency. Cutting spendings. Optimization of costs. Budget cuts, tough economy. Inflation.
HFA Healthcare Solutions
How Healthcare Solutions Can Help Offset Rising Costs

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

Hand putting money coins stack growing, saving money for purpose concept
Retail Smart Guys
Increase Retail Cash Flow with 3 Business Tweaks

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

Blue sofa in a furniture store that has a private label attached. Created by Freepik.com
Home Furnishings Association
Boosting Profitability Through Private Labeling and Exclusive Products

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

Lightspeed Commerce
Tips To Improve Cash Flow Management for Home Furnishings Retailers

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

Company or industry payment cost lean reduction analysis. Decreasing business expenses to maximize profits and financial status for long-term investment.
David McMahon
Analyzing Retail Expenses to Maximize Profitability

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

Graphic depicting a man rolling a ball that says Cash Flow up an arrow.
FamOn
Mastering Cash Flow: A Furniture Retailer’s Guide to Financial Stability

Effective cash flow management is a critical component of financial stability, serving as a financial safeguard, enabling businesses to endure economic turbulence and uncertainty. However, furniture retailers may frequently face specific financial challenges in challenging circumstances, including high inventory levels and slow turnover, seasonal sales fluctuations, and rising supply chain

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