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From Home Furnishing Business

Aaron’s Inc. Announces Quarterly Dividend

Directors of Aaron’s Inc. (NYSE: AAN) have announced a quarterly cash dividend. The dividend declared is $0.03 per share of common stock, payable Oct. 5 to stockholders of record Sept. 20.

NRF Responds to Proposed 25% Tariffs

The National Retail Federation has responded to the administration’s recent announcement that it will consider imposing a tariff of 25 percent rather than 10 percent on $200 billion in goods from China.

Toys R Us, 123 Locations Up for Auction

In a rare opportunity for retailers, landlords and real estate investors, a total of 123 Toys R Us and Babies R Us owned and ground-leased properties in 29 states will be auctioned on August 13 - 14 in Manhattan, provided that qualified bids exceed a certain threshold by the deadline of Aug. 7.

Fast Fact: Industry Sales, Strongest 2nd Quarter Growth Since 2015

After a steady first quarter, furniture and bedding sales continued to climb in the second quarter, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.

Fast Fact: Aging Population, Impacts on the Workforce 

The Bureau or Labor Statistic’s projections for 2026 highlight the growing economic pressure of the aging population on those in the workforce.

Fast Fact: Labor Force Rates Decline into 2026

Projections from the Bureau of Labor Statistics show labor force participation rates declining into 2026, regardless of age, gender, or race. 

Goldman Sachs Warns Furnishings Sector: Tariffs Could Hit Hard

The furniture and home furnishing sectors are being hit hard over the Trump administration’s latest round of tariffs released on Tuesday. Goldman Sachs warns that some higher costs may not be easily passed on to consumers by specialty retailers. In effect, manufacturers could be facing reduced profits if they can’t pass the higher prices on to consumers.