furniture

Furniture refers to movable objects intended to support various human activities such as seating, eating, and sleeping. Furniture is also used to hold objects at a convenient height for work, or to store things. Furniture can be a product of design and is considered a form of decorative art.

(source: en.wikipedia.org)

Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
April 11, 2024  |  Retail

With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new...

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Amazon Extends Home Goods Lead Over Walmart With Discounts
Amazon Extends Home Goods Lead Over Walmart With Discounts
March 15, 2024  |  Retail

With mega-retailers Amazon and Walmart competing to secure consumers’ loyalty for high-ticket purchases such as furniture, the eCommerce giant is pulling further ahead by the...

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Retail Sales Top Estimates, but Key Discretionary Spending Declines
Retail Sales Top Estimates, but Key Discretionary Spending Declines
August 15, 2023  |  Economy

Retail sales keep on chugging along. To that end, the data released Tuesday (Aug. 15) by the Commerce Department showed that consumer spending, overall, remained...

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Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
Overstock.com Offers $21.5 Million for Bed Bath & Beyond Assets
June 13, 2023  |  Retail

Overstock.com has put in a $21.5 million bid for some of Bed Bath & Beyond’s assets, including its intellectual property, business internet, and mobile properties,...

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Homegrown Furniture Manufacturers Drive Down Shipping Costs for African Shoppers
Homegrown Furniture Manufacturers Drive Down Shipping Costs for African Shoppers
December 22, 2022  |  Retail

Africa’s online stores are attracting customers with affordable, made-in-Africa furniture design. For example, Nigerian retailer Taeillo has expanded from a Nigeria-focused business-to-business (B2B) furniture manufacturer...

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$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
$2.5M in Funding Raised by Nigerian Online Furniture Seller Taeillo
December 21, 2022  |  B2B Payments

Nigerian online furniture store Taeillo now has $2.5 million in funding raised to ramp up production. The Lagos-based investment company Aruwa Capital Management, a female-founded...

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RH Sales Slide as High-End Retailer Rejects Promotions
RH Sales Slide as High-End Retailer Rejects Promotions
December 09, 2022  |  Retail

In a declining market for home furnishings, RH is targeting upscale buyers.  RH Chairman and CEO Gary Friedman said Thursday (Dec. 8) during a quarterly earnings call that the...

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Luxury Home Slowdown Takes Toll on RH Furniture Sales
Luxury Home Slowdown Takes Toll on RH Furniture Sales
June 29, 2022  |  Retail

RH, the high-end furniture retailer, has seen its stock tumble in extended trading, after it cut its forecast, Bloomberg reported Wednesday (June 29). This was...

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Blackstone Takes Stake In ‘Data-Centric’ Furniture e-Tailer Walker Edison
Blackstone Takes Stake In ‘Data-Centric’ Furniture e-Tailer Walker Edison
May 24, 2021  |  Retail

Citing the growth in demand for online furniture shopping and the rise of data-centric eCommerce, one of the world’s largest investment firms said on Monday...

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