furniture

Furniture refers to movable objects intended to support various human activities such as seating, eating, and sleeping. Furniture is also used to hold objects at a convenient height for work, or to store things. Furniture can be a product of design and is considered a form of decorative art.

(source: en.wikipedia.org)

From Travel to Coffee to eCommerce, Consumers are Pulling Back
From Travel to Coffee to eCommerce, Consumers are Pulling Back
August 09, 2024  |  Retail

Consumers are thinking twice before pulling the trigger to buy even everyday items — a hesitation to spend that’s evidencing itself in slowdowns and headwinds for...

READ MORE >
Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
Wayfair: Home Furnishings Sales Slow to 2008 Crisis Levels
August 01, 2024  |  Earnings

Wayfair saw its quarterly sales dip amid continued pressure on home goods consumers. “Customers remain cautious in their spending on the home, and our credit card...

READ MORE >
LoadUp Launches Logistics Division for eCommerce Furniture Retailers
LoadUp Launches Logistics Division for eCommerce Furniture Retailers
June 04, 2024  |  Retail

On-demand junk removal company LoadUp has launched a division dedicated to helping eCommerce furniture retailers generate additional revenue from each customer interaction, including in traditional...

READ MORE >
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
April 11, 2024  |  Retail

With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new...

READ MORE >
Amazon Extends Home Goods Lead Over Walmart With Discounts
Amazon Extends Home Goods Lead Over Walmart With Discounts
March 15, 2024  |  Retail

With mega-retailers Amazon and Walmart competing to secure consumers’ loyalty for high-ticket purchases such as furniture, the eCommerce giant is pulling further ahead by the...

READ MORE >
Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...

READ MORE >
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
June 13, 2023  |  Retail

Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties,...

READ MORE >
Homegrown Furniture Manufacturers Drive Down Shipping Costs for African Shoppers
Homegrown Furniture Manufacturers Drive Down Shipping Costs for African Shoppers
December 22, 2022  |  Retail

Africa’s online stores are attracting customers with affordable, made-in-Africa furniture design. For example, Nigerian retailer Taeillo has expanded from a Nigeria-focused business-to-business (B2B) furniture manufacturer...

READ MORE >
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
December 21, 2022  |  B2B Payments

Nigerian online furniture store Taeillo now has $2.5 million in funding raised to ramp up production. The Lagos-based investment company Aruwa Capital Management, a female-founded...

READ MORE >