profitability

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Home Furnishings Association
90 Days to Prepare: Tariff Update and How to Safeguard Your Store

“The 90-day tariff extension isn’t a finish line—it’s the starting block for your next profit strategy.” The trade landscape just gave the home furnishings industry a brief reprieve. President Trump has signed an order extending the current China tariff pause for another 90 days, pushing the timeline into the fall.

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imagine.io
Boost Profits with 3D Content Creation & Smart Workflows

Shaving cost per asset while maximizing revenue is a top priority for home furnishings retailers today. To help achieve this, 3D content creation can be a game‑changer, enhancing virtually every stage of your product program to drive stronger bottom‑line results. Here’s why: 1. Dramatically Reduce Cost Per Asset Traditional photography—studio

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Merchant Cost Consulting
Understanding Merchant Fees and How They Affect Your Bottom Line

In today’s competitive retail environment, managing operational costs is more than just a best practice—it’s a survival strategy. For furniture retailers, many overhead costs are visible and easy to track: rent, payroll, and inventory. But one area often escapes close scrutiny: credit card processing merchant fees. These merchant fees, quietly

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Retail Smart Guys
Increase Retail Cash Flow with 3 Business Tweaks

Retailers often think the next boost in their business will come from finding the next amazing line of merchandise or discovering a new marketing tool. Sometimes, they believe it will happen because they hire a killer salesperson or hope new businesses will fill vacancies around them, bringing traffic. The problem

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Home Furnishings Association
Boosting Profitability Through Private Labeling and Exclusive Products

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

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David McMahon
Analyzing Retail Expenses to Maximize Profitability

In today’s dynamic economic landscape, furniture companies must continuously evaluate their retail expenses to enhance profitability and ensure robust cash flow. While increasing sales is vital, optimizing all types of costs can significantly impact your bottom line. Let’s consider how the types of costs affect your business and the challenges

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FamOn
Mastering Cash Flow: A Furniture Retailer’s Guide to Financial Stability

Effective cash flow management is a critical component of financial stability, serving as a financial safeguard, enabling businesses to endure economic turbulence and uncertainty. However, furniture retailers may frequently face specific financial challenges in challenging circumstances, including high inventory levels and slow turnover, seasonal sales fluctuations, and rising supply chain

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Citrin Cooperman
KPIs Furniture Retailers Should Focus on to Drive Success

Business owners understand that numbers wield immense power. However, leveraging these numbers to boost your bottom line is not always simple. For stores looking to amplify retail furniture sales, tracking and interpreting key performance indicators (KPIs) is a crucial first step. Retail furniture is fiercely competitive, with stores diligently analyzing

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Jody Sievert
How Effective Sales Management Drives Profitability and Performance

Effective sales management is the driving force behind a high-performing sales team and a profitable business. It’s not just about setting targets—it’s about creating a structured, strategic approach that involves ownership, sales managers, salespeople, and support teams working in sync. From establishing clear goals and refining sales strategies to implementing

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Retail Smart Guys
Retail Cash Flow Strategies for Success

Running a successful business involves more than just making sales; it requires effectively managing your retail cash flow. This blog post will explore key strategies to increase your retail cash flow and improve your business’s profitability. You will learn practical tips and actionable advice to optimize your retail cash flow.

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