Consumer spending on furniture increased 7 percent in 2018 outpacing the growth of all other broad home furnishings goods categories with $114.6 billion in sales. Despite promising growth, all home furnishings goods continue to lose consumer dollars to spending on services including healthcare, rents and mortgages, according to data from the Bureau of Labor Statistics.
Home Furnishings Business is putting together its August issue with a focus on innovation in the industry. The goal is to hone-in on innovations that have helped propel companies and the home furnishings industry into the future. We know there is plenty of innovating happening in the industry and we’d like to hear about what you are doing?
Shanghai-based Simon Li Furniture has announced Todd Campbell as its new EVP of design and merchandising and head of the Product Working Group. He is replacing Jackson Carpenter, who left the company on June 10.
NCFI, manufacturer of flexible polyurethane foam, has announced the opening of its first showroom at the Summer Las Vegas Furniture Market at C-1578, to better showcase its newly developed bed-in-a-box lineup.
The American Home Furnishings Hall of Fame has announced its inductee video for Allen Gant Jr. of Glen Raven Inc. received a national Gold Telly Award for excellence in video and television across all screens.
Home furnishings brand Mitchell Gold + Bob Williams has announced Kimberly Barta as its new chief marketing officer, effective July 25.
Bob’s Discount Furniture has announced its new brand campaign designed to shed light on how the company creates and offers accessible value for its customers.