August 3,
2018 by Laurie Northington in Business Strategy, Economic News, Industry
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.
August 1,
2018 by Laurie Northington in Business Strategy, Economic News, Industry
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.
July 30,
2018 by Laurie Northington in Economic News, Financial Reports, Industry
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.
July 23,
2018 by Laurie Northington in Economic News, Industry
The Bureau or Labor Statistic’s projections for 2026 highlight the growing economic pressure of the aging population on those in the workforce.
July 16,
2018 by Laurie Northington in Business Strategy, Economic News, Industry
Projections from the Bureau of Labor Statistics show labor force participation rates declining into 2026, regardless of age, gender, or race.
July 12,
2018 by Jane Chero in Economic News, Industry
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.
July 11,
2018 by Jane Chero in Economic News, Industry
Austin, Tx.-based Four Hands nearly doubled their revenue within a five year period, projecting $160 million in sales this year. The significant growth is credited to their loyal following, which includes over 12,000 business-to-business customers with notable retailers such as West Elm, Crate & Barrel, Pottery Barn, Neiman Marcus, RH, and top interior designers as well as over 500 trade applications per month from those wanting to become registered Four Hand customers.