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From Home Furnishing Business

Smith Leonard: Furniture Orders Down 14% in August, Up 30% from 2019

New orders in August were down 14% over August 2020. However, orders are up 30% over 2019. Year to date, new orders were up 29% and up 35% over the same period of 2019,  according to a report by Smith Leonard accounting and consulting firm.

TD Bank’s Survey Finds Financing Options will Boost Big Purchase Sales

TD Bank has announced that providing financing options for major purchases can be a key driver of sales for retailers, according to TD’s latest Retail Experience Index, a bi-annual survey that tracks purchasing habits, particularly when it comes to big-ticket items. 

King Koil Expands Retailer Presence into Mathis Brothers Stores

Leading mattress manufacturer King Koil has launched its SmartLife Mattress by King Koil in 23 Mathis Brothers stores in California, Oklahoma, Arkansas and Texas. It is the first time King Koil has been on the retailer’s floor.

HPU Professor Pens Book on University Relationship with Furniture Industry

Dr. Richard Bennington, former chair of the business school and home furnishings marketing program at High Point University, has published a new book, High Point University and the Furniture Industry. 

Ikea to Open 2 Planning Studios in LA

Ikea U.S. has announced its plans for two new planning studios in the Los Angeles area that are set to open in spring 2022, one in Long Beach and a second in another central location that will be finalized soon.

XPO Logistics Named Top Company for Women to Work

Transportation powerhouse XPO Logistics has been named one of the transportation industry’s top companies for women to work for by the Women in Trucking Association (WIT).  

SFC Names 2021 Wood Furniture Scorecard Retailers

The Sustainable Furnishings Council (SFC) has released the 2021 Wood Furniture Scorecard. The annual report from SFC and the National Wildlife Federation assessed 118 furniture retailers and manufacturers on their wood sourcing policies.

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