GE Pares Back Appliance Production, Electrolux Prepares for Same
At least two major white-goods manufacturers, GE Appliances (GEA) and Electrolux, plan to tap the brakes on production amid the spread of coronavirus.
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industry
Retail Sales to Rise Upwards of 4.1% This Year: NRF
Despite the uncertainties of coronavirus, a presidential election and a lingering trade war, total retail sales in 2020 are expected to increase between 3.5 percent and 4.1 percent, to more than $3.9 trillion, the National Retail Federation (NRF) forecasted.
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What You Can Do Now to Counter the Coronavirus
Without sounding too many alarms, how prepared is America to handle a pandemic? While that question may seem alarmist and even existential, the reality is forcing all business owners to adapt and respond to the situation that is upon us.
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Furniture Sales Rally in January
Following a tough slog in 2019, furniture and home furnishings dealers started the new year and the new decade on an up note, with channel revenue rising nearly 2 percent in January to more than $9.7 billion, the U.S. Census Bureau reported.
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Whirlpool Signs on to UN Global Initiative
Whirlpool has become the latest signatory to the UN Global Compact, a voluntary commitment to responsible business practices that can help create a better world.
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Almo, Tempur Sealy Look Skyward to Cut Carbon Emissions and Costs
In separate efforts to boost their sustainable business models and reduce their carbon footprints, BrandSource distribution partner Almo Corporation and major bedding vendor Tempur Sealy International have made significant investments in harvesting the power of the sun.
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Coronavirus Update: How to Plan for Possible Inventory Shortages
While many of our furniture retail members are busy with the first quarter “tax time bounce,” there are concerns in our industry about what the second quarter and the rest of 2020 will look like for the furniture supply chain as a result of the coronavirus outbreak in China.
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Why Casper Sleep’s IPO Was a Snoozer
Bed-in-a-box pioneer Casper Sleep caused quite a stir last year when it announced its plans to go public.
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Make Valentine’s Day More Than Just a Box of Chocolates
February is typically a big mattress month due to Presidents Day, but the more celebrated occasion is, of course, Valentine’s Day.
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2019 Ended on Higher Note for Appliances: AHAM
According to the final shipment report of 2019 from the Association of Home Appliance Manufacturers (AHAM), U.S. wholesale sales of white goods were down 4.6 percent for the year, to 75.6 million units, with declines in every major category except laundry.
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