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Home Furnishings Stores Can Increase Sales with Travel Themes

Posted by Maria Shayna Tzouvelekis on Thu, Jun 02, 2016 @ 10:00 AM

Furniture and home furnishings sales in the United States have slowly increased in recent years, but as always, it will take concentrated efforts to keep the momentum going. March sales domestically brought in $8.79B, up from 2015’s March revenue of $8.506B according to ycharts statistics.

Home furnishings stores must continue to offer styles that cater to the desires of their customers, especially as the country continues to recover from the housing market recession of 2007-2009 that devastated the home furnishings and real estate industries (see our earlier article, “Home Furnishings Industry Rebounding Says Economic Census”).

One approach involves capitalizing on the success of the tourism industry. As the economy rebuilds, travel and tourism — specifically domestic travel spending — have increased exponentially. According to a travel report from Statista, U.S. residents spent $802B traveling the states in 2015. Thus, identifying and utilizing the sentiments that draw people to popular domestic tourism destinations could increase sales to those wanting their interior designs to mimic their favorite vacation spots.

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Tags: Home Furnishings, Multiple Check, In Home Layaway, Maria Tzouvelekis

Reclaiming & Salvaging Change the Construction & Furniture Industries

Posted by Tom Lombardo on Fri, Sep 04, 2015 @ 07:00 AM

When wealthy New Yorkers renovate their new homes, some choose to donate their kitchens to recyclers with names like “Green Demolitions” and “Renovation Angel.”

The renovator gets a massive tax write-off – and bargain hunters can obtain world-class appointments for as little as one-sixth of what a similar installation would cost new.

“The appliances alone would have cost a fortune,” one buyer told Tim McKeough of the New York Times for his article, Recycled Kitchens, Salvaged Splendor.  “It was an unbelievable deal.”

Be sure to read our recent blog article that explains how this is changing the furniture industry as surely as its changing construction.

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Tags: Home Furnishings, Tom Lombardo, In Home Layaway

Today’s Successful Retailers Prepare for the 1960's

Posted by Tom Lombardo on Tue, May 12, 2015 @ 09:44 AM

We associate the 1960s with the Baby Boomers, but since members of that generation were still being born in 1964, the Civil Rights, Free Speech and “give peace a chance” movements were really pushed forward by the oldest Boomers, in their teens and twenties when the last members of their generation were still in the cradle.

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Tags: Retail, Multiple Check, Hold Check, Tom Lombardo, In Home Layaway, National Retail Federation

What's Coming Up at Home Furnishings’ High Point Market

Posted by Tom Lombardo on Wed, Mar 11, 2015 @ 11:04 AM

Looking ahead to the High Point Market next month we have to marvel at the unique creativity required to succeed in the home furnishings business – both artistically and entrepreneurially.

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Tags: Home Furnishings, Check Guarantee, Multiple Check, Tom Lombardo, In Home Layaway

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