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Consumer Confidence Index hits 2-year low; consumers struggle with surging prices
For the third straight month, the Consumer Confidence Index took a hit – and a large one at that – hitting the lowest levels since July 2022.
Homes on hold: Potential buyers waiting for rate cuts, survey reveals
Nearly three-fourths of potential home buyers are waiting for rate cuts before entering the market, according to a new financial progress survey.
Message to brands from Gen Z: Multiculturalism matters
Younger consumers — who will be the major shopping influencers in the not-too-distant future — are noting that multicultural and diverse voices are impacting their buying preferences, including home furnishings.
Good times ahead? Epperson’s furniture industry analysis shows reasons for optimism
A reduction in interest rates this summer could be the start of an industry turnaround, according to Jerry Epperson's State of the Industry presentation.
Who are 2024’s top global retailers? The NRF reveals its list
The 2024 list ranks international retailers based on their operational performance as of the beginning of 2023.
Are things looking up for furnishings retail segment? DOC numbers released for March
Furniture and home furnishings sales stayed relatively flat in March, according to the Department of Commerce’s advance monthly estimates.
Home décor shoppers embrace multiple channels
Consumers are very willing to shop for home décor online, but they still see benefits from an in-store experience as well.
New furniture orders dip in January, breaking 8-month rise
Residential furniture orders in January dipped 1% by the dollar from last year.