Why Data-Driven Sourcing Is Becoming Non-Negotiable On April 2, 2025, President Trump announced sweeping new import tariffs that immediately reshaped cost structures across industries, including home furnishings. Companies recalculated landed costs, revisited pricing strategies, and reassessed sourcing exposure almost overnight. Less than a year later, on February 20, 2026, the
The trade relationship between the US and China has been marked by a history of escalation and negotiation on several key issues over the past few years. Recently, China announced that it would impose strict export controls on rare earth minerals, which are critical to global supply chains. In response,
In recent weeks, the United States and China have exchanged escalating rhetoric and statements about trade and rare earth minerals. As each side has worked to address lingering concerns over those issues, President Trump has continued working with other Southeast Asian countries to improve access to markets and rare earth
US Tariff Policy Update In the four months since President Trump proclaimed April 2, 2025, ‘Liberation Day,’ there have been various developments in the US trade and tariff policy. Shortly after Liberation Day, President Trump set reciprocal tariff rates for imports from every country into the US. Those rates varied
The trade landscape continues to bring relief and uncertainty to the home furnishings industry. From temporary tariff extensions to landmark court rulings and newly announced increases in steel and aluminum tariffs, here’s what HFA members need to know right now: 🚢 Tariff Relief Extended — But for How Long? In
Key Takeaways from HFA’s Washington, D.C. Fly-In Last week, leaders from the Home Furnishings Association (HFA) met in Washington, D.C., for a strategic fly-in event designed to elevate the voice of furniture retailers on Capitol Hill. In a series of high-impact meetings with lawmakers, policymakers, and trade officials, HFA members
As President Trump marks his first 100 days in office, the home furnishings industry, like many other industries, is closely watching the ripple effects of sweeping policy changes. From federal agency shakeups to aggressive trade stances and regulatory rollbacks, Trump’s early moves are reshaping the economic landscape for retailers and
Trade policy again took center stage this week as the Trump Administration announced a dramatic shift in its approach to reciprocal tariffs. While the headlines may seem distant from day-to-day operations, these decisions are poised to significantly impact the home furnishings industry, from sourcing and pricing to inventory and logistics.
Tariffs and trade are front and center of President Trump’s domestic economic agenda. On Day 1 of his Administration, the President signed the America First Trade Policy Executive Order, which laid out a broad trade agenda, including an aggressive push for across-the-board tariffs and reciprocal tariffs. As the early April
Retail furniture retailers work hard to offer their customers a diverse selection of stylish and affordable home furnishings. Many of these products are sourced through international supply chains, ensuring a range of high-quality options at competitive price points. As policymakers weigh various trade policy proposals, it’s crucial for furniture retailers
The G.R.O.W. Sales Coaching Model Part 1 In speaking with hundreds of furniture retailers over the last two years, I
Recent developments regarding tariffs collected under the International Emergency Economic Powers Act (IEEPA) have raised important questions for home furnishings
Many home furnishings retailers are closely watching the possibility of tariff refunds following recent court rulings on IEEPA tariffs. For
Inventory is your biggest asset, but also your biggest expense. Manicuring and curating your inventory assortment is the most important
In a price-driven retail environment, it’s easy to assume customers won’t spend beyond the lowest advertised price. In furniture retail,
AI & Retail Transformation: Your Roadmap to Smart Adoption The technology landscape for home furnishings retailers is evolving fast. For furniture retailers, simply adopting
AI is no longer just powering search bars and chatbots. New agentic AI experiences are changing how shoppers discover, evaluate, and buy products online. For
MEMBER-ONLY DISCUSSION: eCommerce Connect with fellow HFA member retailers to exchange insights, challenges, and successes in navigating family business dynamics.
