More important, what should they do? At a peer group meeting of eight successful construction industry CEOs years ago, the members began discussing how to get the most out of an industry standard software package. One CEO asked another a question about how to key in data to produce a
For many independent furniture retailers, succession planning is more complex than expected. The next generation often chooses different careers; employees rarely have the vendor credit support to carry on, and outside buyers may not value the business the way the owner does. Understanding the realities of exit strategies — and
“We need to talk.” Those four words can be intimidating in any relationship. In family-run furniture businesses, they can feel even heavier—especially when what you need to say is: “Mom, Dad, I’m ready to lead.” For decades, your parents have poured their energy into building the store, the brand, and
Longevity is one of the most defining shifts of our time. Americans are living longer, healthier lives than ever before, and that reality is reshaping how family-owned and closely held businesses must approach succession planning, leadership, and financial planning for home furnishings retailers, in particular, where family involvement runs deep
Defining Roles, Purpose, and a Path to Leadership Bringing a son, daughter, or younger family member into your retail furniture business can be rewarding and challenging. There’s pride in continuing the family legacy and hope in watching a new generation step forward. But without the right structure, what starts with
As a retailer, you’ve dedicated years, if not decades, to building a business you can be proud of. You’ve curated products, fostered customer relationships, and navigated the ever-changing tides of the market. But what happens to your legacy when you’re ready to retire or, heaven forbid, something unexpected happens? If
HFA Chief HR Strategist, Tracy Jackson, gives you simple steps to ensure you are building a solid bench of leaders for your succession planning.
Understanding Your True Landed Cost: How Tariff Layers Are Reshaping Your Home Furnishings Business The trade environment for home furnishings
Home furnishings retailers are facing a rapidly changing trade and customs environment, with several recent federal actions that could increase
I want to tell you about something that’s already happening on your website, right now, that you’re probably not aware
If You Replaced Your Delivery Tech Tomorrow, Would Your Customers Notice? It’s a question worth sitting with. If you swapped
The Home Furnishings Association (HFA) will welcome retailers to its Retailer Resource Center during Las Vegas Market, offering a dedicated
Inventory Management Transformation: The New Retail Back End Behind every great customer experience is an operation that runs smoothly. Join Peter Theran, HFA CEO, for
How Visible Is Your Store in AI? What are AI search tools saying about your store, and are they saying anything at all? In
MEMBER-ONLY DISCUSSION: Back-End Operations Connect with fellow HFA member retailers to exchange insights, challenges, and successes in using technology and
