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Winter LVM 2018: A Record-Breaking Home Furnishings Event

Posted by Jessica Beaudry on Thu, Feb 22, 2018 @ 10:59 AM

home furnishingsThe Winter Las Vegas Market 2018 experienced “a record number of both buyers and suppliers” along with an increase in order writing, Las Vegas Market (LVM) reported in a recent press release. The largest home furnishings market in the Western United States attracted home furnishings dealers, designers and retail industry experts from all 50 states and over 77 countries. The mega event took place January 28 – February 1, 2018.

As an established LVM exhibitor, CrossCheck presented key services for furniture dealers in the HFA Retailer Resource Center.

Growth at Winter LVM 2018

Located at the World Market Center (WMC) campus in Las Vegas, attendees viewed thousands of products displayed on 40 floors of showroom space. Merchandise included on-trend furniture, bedding and mattress, lighting, casual and outdoor, decorative accessories, housewares, an antique market, lifestyle products and more. The market welcomed 37 new and expanded gift and home décor showrooms, “significant growth” in the bedding category with 220 resources featured and a record high of 650 gift-oriented housewares, tabletop and specialty food resources presented in both permanent showrooms and temporary­ exhibits.

home furnishingsWinter LVM 2018 hosted two new and expanding furniture showrooms, increasing total furniture resources to 2,000. The Pavilions temporary exhibitions underwent a major expansion with the opening of a third location, presenting over 500 gift and home décor exhibits. Nearly 200 were first time exhibitors.

The market’s 4,300 plus resources “fueled 13 percent gains in overall buyer attendance.” Within the U.S., buyers from California, Nevada, Texas, Arizona and Utah held the highest attendance rates. Professionals from Canada, Mexico, China, Australia and Columbia lead international attendance rates. Notable increases in category-based attendance included:

  • Furniture with the “strongest market-to-market” gains and a 17 percent spike in attendance
  • Registered attendance for gifts increased by 12 percent
  • Home décor buyer attendance grew by 9 percent
  • Attendance by interior designers, architects and contract/hospitality buyers increased by 9 percent

CrossCheck Payment Solutions for Home Furnishings Dealers

With over 30 years of experience, CrossCheck is a leading provider of check payment processing services for U.S. merchants. Charles Dortch III, pictured with President of the Home Furnishings Association (HFA) Jim Fee, demonstrated three CrossCheck payment solutions for merchants. Our company held Booth #22 in Building B, Floor 10.

home furnishings

Merchants can maximize sales and reduce risk by implementing one or more of our featured products —Standard Check Guarantee, our basic check guarantee approval program; Conversion Plus, an efficient electronic payment processing solution; and Remote Deposit Capture with Multiple Check, an electronic check guarantee with a consumer-friendly payment option.

CrossCheck supports home furnishings dealers year-round with reliable payment processing services. For example, our Multiple Check service allows merchants to provide customers additional time to fund purchases without using or applying for credit. Merchants deposit 2 – 4 customer checks over a 30-day window. With this service, customers bring products home on the sale date and merchants confidently accept checks while receiving guaranteed funding by CrossCheck with each deposited check. Learn more by downloading our free guide.

hold check, multiple check

Tags: Home Furnishings, Las Vegas Market (LVM)