The Q1 Furniture Retailer survey completed by Piper Sandler in partnership with the Home Furnishings Association (HFA) shows sales were flat to down for Q1. Sales were +1%/-5% on a mean/median basis. Transactions during Q1 declined -12% to -15%, while ASP was up mid-teens %. Online sales for retailers lagged
Sales and optimism are running high for our industry right now, and the latest HFA/Piper Sandler Furniture Retailer Survey bears this out. When 2021 started, most retailers expected this year to end up right around 8%. After the first quarter of this year, those estimates now sit between 10 and
Q4 momentum driving positive 2021 Outlook The crazy year that was 2020 ended strongly for home furnishing retailers, according to our new HFA/Piper Sandler survey. After easing off a little in November, strong sales in December fueled Q4, which was up 16% year over year even with a continued lack
2020 to Finish Strong In early October, many home furnishing retailers were feeling confident about a relatively strong fourth quarter. Our HFA/Piper Sandler special Black Friday Weekend Furniture Retailer Survey shows they are now feeling even more optimistic. The Black Friday/Cyber Monday weekend turned out to be incredibly robust for our
Furniture retailers expect sales to accelerate through the fourth quarter of 2020, according to a survey by Piper Sandler in partnership with the Home Furnishings Association. The bullish outlook follows 8 percent average sales growth year-over-year reported by respondents in the third quarter, the survey found. Not all the results
The Home Furnishings Association announced an exclusive partnership this week with investment bank Piper Sandler to release the industry’s first research report for furniture retailers. The Piper Sandler/Home Furnishings Association Furniture Retailer Survey will report insight and trends from furniture retailers across the country. The survey, released Wednesday, is the
Artificial intelligence (AI) has become pervasive, revolutionizing various industries with its far-reaching and diverse applications. From retail to healthcare, AI
In the home furnishing industry, customers want to be seen and treated as unique individuals during their furniture buying experience.
As a manufacturer representative, I’ve had the privilege of speaking to furniture owners nationwide. On one particular visit, there was
Home Furnishings Association announces 2023 award winners. Carmichael, CA (February 9, 2022) – The Home Furnishing’s Association (HFA) proudly announces
Return policy abuse is rising, but existing fraud prevention tools weren’t designed with this challenge in mind—until now. Riskified’s Eyal
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