Daily News
From Home Furnishing Business
HFA Urges Retailers to Ask Lawmakers for Help
March 19,
2020 by Laurie Northington in Business Strategy, Industry
In light of many retailers having to temporarily close doors, the Home Furnishings Association is urging its members to reach out to their U.S. senators and representatives to include furniture stores in the list of industries advocating for assistance.
The Trump administration reportedly will propose $850 billion in assistance. Any aid package must include steps to restore lost income so that businesses can open their doors again and put employees back to work when the crisis ends.
The Small Business Administration’s Economic Injury Disaster Loan Program is up and running now. Businesses can apply here. In addition, HFA urges policymakers to consider any form of appropriate tax relief or other measures that can help impacted businesses weather this crisis.
Industries such as airlines, cruise lines, insurers, hotels and restaurants are advocating for help. But all businesses will need assistance. Home Furnishings Association members should call their U.S. senators and representatives to make sure they know that many furniture stores are in trouble, too.
Read the full report from the HFA here.