The financial supply chain bubble is bursting… You’ve been more focused on the lack of physical inventory but probably haven’t realized that you’re teetering on a precarious cliff of losing the buying power you once had and won’t have the credit to continue buying from your existing vendor base. This
The HFA community has lost a true industry leader and friend in the passing of MOR Furniture founder Richard Haux, Sr. Rick passed away on November 5, 2020, at 74. Rick attended and graduated from San Diego State University with a degree in Accounting and began a career in Accounting
Even a pandemic can’t prevent Coconis Furniture from its annual mission to help local women. During October’s Breast Cancer Awareness Month, Coconis Furniture-Mattress 1st, Genesis HealthCare System, and a local NBC affiliate WHIZ TV teamed up to offer Southeastern Ohio area, women free mammogram screenings. This year, due to the
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.
When the coronavirus pandemic subsides, the furniture industry is going to look markedly different. The supply shock that started in China in February and the demand that followed when stores reopened after closing for months exposed vulnerabilities from Asian manufacturers to U.S. ports and railways that are only now being
Furniture retailers have spent most of the pandemic working to increase their online presence and generate more business and open new sources of revenue. But how much should a retailer be investing in digital marketing to begin with? David Enos, vice president of digital marketing for Phelps Digital, an HFA Solution Partner, and two
Long after Thanksgiving spills into Black Friday, when hordes of people begin their holiday shopping rites, HFA member Cheri Hochstetler will keep the doors closed at Dwell, the eclectic furniture store she and her husband own with friends in Coralville, Iowa. “We’re going to have a quiet Thanksgiving that includes giving our staff some time at home
The Home Furnishings Association urges furniture retailers to tell their state and local elected leaders that their businesses are safe, essential and strong contributors to economic recovery. “The COVID crisis isn’t going away soon,” Mark Schumacher, the association’s CEO, said in an email to more than 1,300 HFA members. “In
Furniture in stock? Shout it out, because Americans want it now. That’s a powerful message that some furniture retailers are broadcasting loud and clear. One is American Furniture Warehouse in Greensboro, N.C. It recently began airing a TV ad titled “In Stock.” “With trucks arriving daily at American Furniture Warehouse,
Many furniture retailers and other businesses must provide their employees with paid sick leave and family leave under some circumstances,
If you would have told Gaston “Gat” Caperton back in January that Gat Creek, his family-owned furniture manufacturing company in
The coronavirus pandemic and the ensuing shutdown of stores will have a direct impact on every furniture retailer’s bottom line
Many furniture retailers in California were hit hard by business closings and other restrictions triggered by COVID-19 outbreaks. The last
Johnny Janosik World of Furniture & Mattresses calls it “The Experience.” It’s what separates the Top 100 retailer from the
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
