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From Home Furnishing Business

Bed Bath & Beyond Closes Majority of Stores

Bed Bath & Beyond Inc. (NASDAQ: BBBY) has announced it will temporarily close all its retail banner stores across the U.S. and Canada, other than its buybuy BABY and Harmon Face Values stores, subject to state and local regulations.  

Fast Fact: Brick and Mortar Share of Furniture Sales Fall from 94% in 2009 to 77% in 2018 

Despite predictions that the rate of e-commerce growth in the furniture industry would slow, e-commerce sales have continued at over 20% annually in recent years, according to recent data from the U.S. Census Bureau.

2 Mississippi Furniture Manufacturers Halt Production Due to COVID-19

Mississippi-based furniture manufacturers Behold Washington and Southern Motion and Fusion Furniture have announced closures in response to COVID-19, according to a report from the Daily Journal.

Spring Air Expands Partnership with Egypt Licensee

Expanding its reach into the Europe, Spring Air International has announced the growth of its partnership with long-time Egyptian licensee Bed Janssen to include Germany, Morocco and Hungary.

Verlo Mattress Closes Corporate-owned Stores

Milwaukee-based mattress retail and manufacturing franchise Verlo Mattress has announced the closure of its five corporate-owned stores until further notice because of the coronavirus (COVID-19) pandemic.

MicroD Creates COVID-19 Response Program

MicroD, a leading provider of online product catalog solutions and digital brand visibility for the home furnishings industry, is launching a program for its retailer and manufacturer clients in response to the COVID-19 impacts on the retail industry.

IMC_di Continues Growth, Announces New Hires

IMC_di, the new digital innovation division of International Market Centers (IMC), has announced more than a dozen recent hires including new staff for development, implementation, marketing and customer success.

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