The Action was Back at the Vegas Furniture Market

February 27, 2023February 27, 2023 Michael Posa FTS, furniture, LVFM

Pre-COVID crowds and new product intros abounded

Featured Furniture

FTS Celebrates New Experience Center at Vegas Market

January 30, 2023February 17, 2023 Alan Wolf FTS, Las Vegas Market, LVFM

Space-age showroom shines at grand opening gala and giveaway

Featured Furniture Industry

FTS to Unveil Experience Center at This Month’s Winter Las Vegas Market

January 18, 2023January 17, 2023 Alan Wolf Experience Center, FTS, LVFM

High-tech meeting space will debut Jan. 29

What Goes Up: Following several quarters of accelerated sales, home goods bellwether Conn’s, with over 170 stores across 15 states, said a 13% decline in furniture and mattress revenue and a 25% decline in appliance sell-through contributed to an operating loss of $20 million within its retail segment for the three months ended April 30. Conns Inc.

Short Circuited: Best Buy’s sales and profits continued to deteriorate in the first quarter amid what the company described as an electronics recession, although it anticipates a rebound later this year or in 2024. StarTribune

If You Can’t Beat ’Em: Amazon said its independent sellers — which include ProSource members Abt Electronics, Walts TV and World Wide Stereo — collectively sold more than 4.1 billion products through its site last year, averaging more than $230,000 in sales. Amazon Small Business Empowerment Report