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Recent Articles

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Furniture Insights: November new orders down 35% year-over-year and down 34% year-to-date, but shipments up 1% year-over-year, up 6% year-to-date; with shipment dollars exceeding new orders, backlogs reaching point where long lead times are gone for many
Published: January 31, 2023 by Smith Leonard PLLC
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
Published: January 23, 2023 by Baystreet US News Alerts
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
Published: January 19, 2023 by Furniture Today
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
Published: January 11, 2023 by Retail Dive
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
Published: January 03, 2023 by Smith Leonard PLLC

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