August 27,
2018 by Laurie Northington in Business Strategy, Economic News, Industry 
Historically, wood products are the largest material category among furniture imports, but the share of upholstery and metal furniture imports is increasing yearly, according to data from the U.S. Census Bureau.
August 23,
2018 by Laurie Northington in Economic News, Industry
Despite profits declining 2.3%, retailer Williams-Sonoma (NYSE: WSM) said revenues jumped 6.1% to $1.28 billion in the second fiscal quarter. Overall, strong results from the first half of 2018 has caused the company to raise its full-year guidance.
August 20,
2018 by Laurie Northington in Economic News, Industry
Out of over 200 countries exporting furniture into the U.S., over 90 percent of U.S. imports is from just 9 of those countries. China tops the list with an import value of $18 billion in 2017, followed by Vietnam at $4 billion.
August 16,
2018 by Laurie Northington in Business Strategy, Economic News, Industry
Target Corp. (NYSE: TGT) has hired John Bauer as senior vp of global inventory management to lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation.
August 15,
2018 by Laurie Northington in Business Strategy, Economic News, Industry
The National Retail Federation has upgraded its retail sales forecast for 2018 and said sales are now expected to grow more than previously predicted.
August 13,
2018 by Laurie Northington in Economic News, Industry
The Great Recession, 2007 to 2009, created a major collapse in international trade, affecting both imports and exports of household furniture. While a healthy economy has propelled import growth since then, exports are still struggling.
August 13,
2018 by Laurie Northington in Business Strategy, Economic News, Industry
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.