HFA members should use the recent rioting and looting across the country to take a second look at their property insurance coverage, says a consultant for Solution Partner Arthur J Gallagher. Nik Levin says retailers sometimes underestimate the value on their property — either unknowingly or to save money on
It’s no secret the novel coronavirus pandemic has changed how we shop, but at first there was only anecdotal evidence of that. In the Home Furnishings Association’s live COVID-19 Webinar June 4, Shoptelligence CEO Laura Khoury offered real data to to show just how dramatic that change is in the
The U.S. Senate approved a House bill June 3 that adds needed flexibility to the Paycheck Protection Program. The action, by unanimous consent, happened only hours after Home Furnishings Association members urged Sen. Todd Young of Indiana and his colleagues to move quickly. “I will carry that message to those
When his stores reopened earlier this month, Nebraska Furniture Mart CEO Irv Blumkin was stunned with the business they did. The pent-up demand from customers locked down in their homes and on their phones for most of spring is leading to a strong month of sales. “Not under my wildest
Furniture retailers would get more flexibility to spend Paycheck Protection Program funds and earn loan forgiveness under a bill passed 417-1 by the U.S. House of Representatives Thursday. A similar measure will be considered in the Senate next week. The Home Furnishings Association pushed for the changes in letters to
Jacob Shevin was ahead of the Small Business Administration. The SBA recently published new guidance allowing businesses more flexibility in calculating forgiveness of Paycheck Protection Program loans. Originally, funds had to be spent during an eight-week period that began as soon as the loan was deposited in the borrower’s bank
For years the start of the customer journey has slowly been migrating away from the furniture showroom floor to online. The novel coronavirus pandemic has only accelerated that change to the point that Home Furnishings Association member City Furniture has revamped its sales process entirely to focus on engaging that
Furniture retailers would love to see customers lined up at their front doors when they reopen after weathering the public health crisis. Attorney Pascal Benyamini warned of a different possibility in a Home Furnishings Association webinar May 7. “If you start on the wrong foot, by not showing that you’re
Furniture retailers might be eager to return to work, but their employees might not share that enthusiasm. In Thursday’s Home Furnishings Association live COVID-19 Webinar, “Getting Your Employees Back to Work,” a pair of human resources experts said store owners need to be open-minded and flexible when inviting employees back
A month ago, the Home Furnishings Association wrote to key leaders in Washington, D.C., asking for improvements to the Paycheck Protection Program. It is the primary lending initiative for small businesses, but some of its provisions make it less helpful to furniture retailers than it should be. Now, help may
In the fast-paced world of retail home furnishings, the spotlight often shines brightest on the sales force, and rightly so—they’re
“We need robust demand planning” is a phrase I hear from almost every client. Demand planning accurately forecasts customer purchases,
In the competitive landscape of home furnishings retail, every advantage counts. From staying on top of trends to managing inventory
Times are changing, and retail is no exception. In a world where innovation is becoming not just a desire but
In today’s fast-paced digital landscape, the success of a retail furniture business hinges on a well-structured and effective digital marketing
Drive Traffic with Data Insights There is untapped potential for driving traffic to your store by using the data you collect. Industry experts will share
Evaluating the Cost of Delivery Join leading industry experts who will share insights on key cost drivers, efficiency measures, technology usage, and outsourcing options for
