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From Home Furnishing Business

Fast Fact: Furniture Brick and Mortar E-commerce sales at 1.2% of Total Sales in 2017

E-commerce furniture and home furnishings websites continue to chip away at brick and mortar retailers, reporting a double-digit growth of 22% by the U.S. Census Bureau in 2018 compared to single-digit growth by other furniture and home furnishings retail channels.

Fast Fact: Mattress Sales Up 2.4% in Q4, Down 1.9% for 2019

Mattress industry sales totaled $3.81 billion in the fourth quarter, a 2.4% increase over the same quarter in 2018, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.

Smith Leonard: Furniture Orders Down 5% in November

Continuing the slowdown, new orders in November 2019 fell 5% from November 2018 and down 2% year-to-date, according to a report by the Smith Leonard accounting and consulting firm.  

Fast Fact: Employee Numbers Remain Below 2007 Levels as Furniture Stores Continue to Close

In what’s considered by many as the ‘Retail Apocalypse,’ retail store closings in 2019 are on pace to exceed closings in 2018, according to the most recent data from the U.S. Census Bureau’s Statistics of U.S. Business.  

Fast Fact: Construction Labor Grows an Annual Average of 5% Since 2012

A decade after the Great Recession, housing starts are failing to keep up with demand, according to data from the U.S. Census Bureau’s Department of Housing and Urban Development.