In a compelling op-ed for InsideSources, former U.S. Representative Drew Ferguson (R-GA) emphasizes that President Trump’s renewed tax reform agenda isn’t just about cutting taxes but about unleashing American enterprise’s full potential. Drawing from his experience on the House Committee on Ways and Means, Ferguson underscores how lowering the corporate
On Monday, the White House announced a significant development in tariffs: the United States and China have agreed to a 90-day tariff cease-fire, reducing import levies and providing temporary relief for supply chains ahead of the back-to-school and holiday shopping seasons. The U.S. will cut its tariff on Chinese goods
As President Trump marks his first 100 days in office, the home furnishings industry, like many other industries, is closely watching the ripple effects of sweeping policy changes. From federal agency shakeups to aggressive trade stances and regulatory rollbacks, Trump’s early moves are reshaping the economic landscape for retailers and
Conversation with Todd Wanek, Ashley Furniture Industries- PART 2 In Part 1 of our conversation with Ashley Furniture Industries CEO Todd Wanek, we tackled big-picture topics like tariffs, supply chains, and U.S. manufacturing. In Part 2, Wanek speaks directly to home furnishings retailers, offering top strategies for retailers to stay
Few leaders are as pivotal or outspoken in a transformative era for home furnishings as Todd Wanek, President and CEO of Ashley Furniture Industries. As the 2025 Trailblazer Award recipient from the Home Furnishings Association (HFA), Wanek recently joined HFA to share his perspective on the furniture industry’s current state
As home furnishings retailers and manufacturers plan for the year ahead, there’s cautious optimism on the horizon. According to the National Retail Federation’s (NRF) latest 2025 Retail Outlook forecast, retail sales in 2025 are expected to grow between 2.7% and 3.7% over 2024, totaling between $5.42 trillion and $5.48 trillion.
This tax season, lawmakers and economic leaders are reminding the American public that tariffs are taxes. From constitutional concerns about executive overreach to warnings about rising consumer prices, an increasing number of Republican lawmakers worry that tariffs will weigh American families down with burdensome costs despite the recent 90-day pause
Trade policy again took center stage this week as the Trump Administration announced a dramatic shift in its approach to reciprocal tariffs. While the headlines may seem distant from day-to-day operations, these decisions are poised to significantly impact the home furnishings industry, from sourcing and pricing to inventory and logistics.
Tariffs and trade are front and center of President Trump’s domestic economic agenda. On Day 1 of his Administration, the President signed the America First Trade Policy Executive Order, which laid out a broad trade agenda, including an aggressive push for across-the-board tariffs and reciprocal tariffs. As the early April
The Home Furnishings Association (HFA) is closely monitoring the recent tariff updates affecting exports, which have had significant impacts across multiple regions: 46% from Vietnam, 34% from China, 32% from Taiwan, and 20% from the EU. Recently, manufacturers have responded in diverse ways to mitigate the effects of these tariff
Effective sales management is the driving force behind a high-performing sales team and a profitable business. It’s not just about
This week, several significant government policies have surfaced that directly impact home furnishings retailers and manufacturers. From increased tariffs and
Home furnishing businesses like yours are taking the plunge into ecommerce every day by setting up simple online shops. If
Business owners understand that numbers wield immense power. However, leveraging these numbers to boost your bottom line is not always
Synchrony Named HFA 2025 Partner of the Year In the retail home furnishings industry, partnerships that truly make a difference
Managing Cash Flow Fluctuations in Turbulent Times Cash flow can make or break your business — especially in retail. From economic uncertainty and changing consumer
Driving Results with Sales Process & Planning A high-performing sales team doesn’t happen by chance—it’s built on a structured process and a strategic plan for
