The Home Furnishings Association is closely following coronavirus developments, and we know you are, too. On this page, we will provide links to information you need to run your business while protecting the health and safety of your employees and customers.

You can also find our own reports. We want to let you know about resources that may become available to help you manage the challenges ahead, whether they’re small business loans, providing paid sick leave for your employees or taking advantage of special tax benefits.

We also want to hear from you, especially best practices you have implemented that could help other HFA members. We are a strong association because we freely share good ideas so that we can all grow together.


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WEBINAR: How to calculate (and manage) your cash burn rate

Fri, April 3, 2020 11:00 AM Pacific / 2:00 PM Eastern

Your store is closed or there’s little to no cash coming in, but you still have bills, loans and lease payments due. Retailers who aren’t aware of their cash burn rate can run through their reserves quickly. Knowing your burn rate is a valuable survival tool for retailers who need to know how they can manage and survive this extended shutdown. Join HFA executive vice president Mark Schumacher and Mitchell Stiles, vice president of retail operations for Badcock Furniture on Friday at 11 am PDT (2 pm EDT) for an HFA Webinar during which you’ll learn how to determine your store’s cash burn rate. Just as important you’ll learn what your options are for lowering it while managing your cash flow during this prolonged shutdown. Bring your questions and register below for this important webinar.


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