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
Ken Smith was getting tired of reporting monthly declines in new orders for residential furniture. His latest survey of manufacturers finds better news. “The July orders were up 6 percent over July 2018, following five months of reporting declines in new orders,” said Smith, assurance partner for Smith Leonard, an
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For years – 28 of them, to be exact – new Home Furnishings Association member Black Whale Lighting was the shop to shop for high-end
I have been to Washington, D.C. twice to discuss furniture industry issues on behalf of HFA and our members. It’s
Home Furnishings Association members who borrowed $50,000 or less through the Paycheck Protection Program (PPP) received good news last week.
Throughout the COVID-19 pandemic, HFA, through direct member engagement, has strongly advocated for additional fiscal relief for businesses struggling to
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Congress and the Trump administration are preparing another Covid-19 relief package. The Home Furnishings Association’s Washington representative, Chris Andresen, and government relations liaison Doug Clark
Everyone is trying to figure out what the “new normal” will look like when your stores reopen. What will recovery look like to you and