Inventory management plays a big role in customer satisfaction. Inventory management should be designed to monitor product availability, but thanks to advanced technology, it can do so much more than that. Inventory management can tell you when to reorder products, help fulfill orders faster, identify what’s selling fast, and so
There’s nothing like finding something new that adds a touch of style and comfort to your home, especially when you know you won’t find it in every other house on the block. That’s why so many home furnishings retailers turn to Faire to source unique products for their customers and
For small and mid-sized furniture retailers in the U.S., the old rule “buy deep to get a better price” has become a risky habit. Demand is uneven, freight and labor swing, and every extra week a piece sits in the back room is cash you can’t use on faster-moving items.
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
The U.S. retail landscape remains uneven, with strong consumer spending in categories like motor vehicles, parts, and building materials—likely driven by pre-tariff buying behavior—while furniture stores experienced a nearly 1% month-over-month decline. The National Retail Federation projects slower consumer spending growth in the near term due to inflation and tariff
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
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
The furniture retail industry is evolving rapidly, driven by changing consumer preferences, digital transformation, and global economic factors. While large retailers have the resources to adapt, small and medium-sized furniture retailers face unique challenges in staying competitive. To remain viable, they must adapt to these shifts, ensuring they meet customer
In the retail furniture industry, providing accurate and real-time information to customers is essential for standing out. One of the most impactful advancements in eCommerce is live inventory integration. This capability ensures that customers have access to up-to-date information on product availability, creating a better shopping experience and increasing overall
Home furnishings retailers face the challenge of meeting consumer demand, where consumers are mostly online. One key way to enhance customer experience and engage with consumers around relevant products is by implementing a live inventory system. This feature, often referred to as integrated eCommerce, not only benefits retailers but also
Most retailers understand the fundamentals of visual merchandising. They know how to build a vignette, create a focal point, and
The Home Furnishings Association (HFA) is closely following the latest developments surrounding the ongoing Supreme Court hearings on the legality
For many independent furniture retailers, succession planning is more complex than expected. The next generation often chooses different careers; employees
Nearly 40% of U.S. consumers are non-prime, and their needs shape how they research and shop with furniture merchants.1 New
In recent weeks, the United States and China have exchanged escalating rhetoric and statements about trade and rare earth minerals.
Shaping the Customer Experience with Consumer Study Data Step into the shoes of today’s furniture shopper and discover what truly shapes their in-store experience.
Immersive Retail: Inspiring Customers with 3D, AR & VR Today’s most successful furniture retailers aren’t replacing personal service with technology, they’re using it to
