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Recent Articles

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JPMorgan upgrades Wayfair to overweight from underweight on improving market share trends, commitment to controlling expenses; company remains structurally relevant in home retailing industry with leading online assortment, advantaged supply chain

Commentary: Recession equals continuing moderation in consumer spending on furniture in 2023, with predicted sales of US$126.3B, up 1.9% over 2022; furniture store sales expected to be in line with GDP figure, rising 1% to US$72.75B

Fitch sees 'widening gulf' between successful and challenged retailers in recent years, which will likely continue into 2023; retail categories that could struggle most over next few years include pandemic winners like home improvement, home furnishings

Furniture Insights: Survey finds year-to-date orders down 29% and shipments up 5%, indicate residential furniture industry already in recession; with reports indicating slipping demand for big-ticket items, it's time to plan for slower business in 2023

Furniture companies in Mexico report record profits in 2021 and 2022, driven by consumers wanting to remodel their homes, according to data from Assn. of Furniture Manufacturers of Jalisco

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