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 today’s competitive world, increasing revenue isn’t just about selling more; it’s also about selling smarter. Whether you operate a brick-and-mortar store, an eCommerce platform, or likely both, data analytics can be your most powerful tool for unlocking growth. By understanding and leveraging your data, you can make informed decisions
“We need robust demand planning” is a phrase I hear from almost every client. Demand planning accurately forecasts customer purchases, essential to any business that buys/builds goods. At a basic level, the definition of demand planning and its crucialness to business are self-explanatory. However, successfully implementing demand planning responsive to
Congratulations! You have managed through a period of economic upheaval not seen in generations. Over the last two years, the global economy has experienced unprecedented supply and demand disruptions. Unfortunately, the global supply chain’s existing risks will persist in the near term. For the first time in their living memory,
Seeing clearly is one of the biggest aspirations for today’s retailers, and nowhere is this more critical than in logistics.
Retailers are (rightly) investing in immersive 3D experiences to inspire and convert today’s mobile-first shoppers. Whether a beautifully rendered kitchen
Home furnishings retailers must leverage multiple online platforms to effectively reach and engage their target audience. With consumers turning to
Retail marketing in 2025 and beyond will be defined by a simple truth: brands that fail to align with evolving
For many independent furniture retailers, succession planning is more complex than expected. The next generation often chooses different careers; employees
Developing Tomorrow’s Leaders Today The long-term success of every retail business depends on one thing: its people. Preparing the next generation of leaders isn’t
Navigating Leadership in a Family Business Stepping into greater responsibility within a family business comes with unique opportunities—and its own set of challenges. From
The long-term success of every retail business depends on one thing: its people. Preparing the next generation of leaders isn’t
MEMBER-ONLY DISCUSSION: Family Business Dynamics Connect with fellow HFA member retailers to exchange insights, challenges, and successes in navigating family
