Ethan Allen Global, Inc.’s Post

🌟La-Z-Boy Incorporated continues to impress! 🛋️ La-Z-Boy continues to impress with solid first-quarter results, proving its resilience even amidst challenging macroeconomic conditions. Under the leadership of President and CEO Melinda Whittington, La-Z-Boy’s commitment to growth shines through their strategic initiatives. Their Century Vision strategy focuses on expanding the core Retail segment by strengthening in-store execution, opening new stores, and acquiring independent La-Z-Boy Furniture Galleries® stores. This vertically integrated model is designed to deliver superior long-term returns, showcasing La-Z-Boy's forward-thinking approach. 💼 As an iconic brand nearing its 100-year history, La-Z-Boy's ability to adapt and thrive speaks volumes about their expertise and strategic planning. This is a clear example of how a strong balance sheet and strategic investments can propel a company to new heights, even in challenging times. 🌍 What are your thoughts on La-Z-Boy's Century Vision strategy? Do you think it’s a game-changer for the retail furniture market? Share your insights below! 👇 #FurnitureIndustry #RetailStrategy #BusinessGrowth #LaZBoy #CenturyVision #IndustryLeadership

How nimble is your store remodel program? If your remodels seem to drag on longer than you’d like, you should know there’s a proven strategy that major retailers use to give them an edge … It not only helps safeguard their remodels from interruptions but in some cases enables them to EXPEDITE their store remodel schedule. Get more details on the FF&E consolidation solution in our blog post. https://ow.ly/bwhm50SXkaM

The retail furniture industry is a crucial sector of the economy. Store furniture constitutes an integral part of every retail space, significantly influencing its image and sales. ✅  You can find insights into the industry's development and upcoming trends in 2024 on our blog: https://lnkd.in/dVgCiPVz #RetailTrends #RetailFurniture

Retail Today / Retail Renaissance: It’s time for a retail success story, Crate & Barrel’s “Flagship” in Flatiron area of Manhattan. This store just screams #excitement, #emotion, #entertainment, all built around #compelling #merchandise. I first visited this store in December, two weeks after it opened in a beautiful historic building. (See my visit in the comments) Crate & Barrel has been on 🔥🔥🔥🔥, +23% in 2023! 60% of their sales are digital. But their future plans include more stores. #stores #ecommerce Sales are estimated at $2.5 Billion, with 110 stores in North America. #sales Also I have attached Warren Shoulberg’s insights from his “Business Of Home”. See in comments. Warren Shoulberg #retail #retailindustry #retailtrends #retailstrategy #retailexperience #shoppingexperience #furniture #homedecor #homedesign #housewares #kitchen #bath #TopRetailExperts

Come see the STORIS team to how STORIS can POWER your business.

ScS exits fitted-flooring market ScS has released about £30m of flooring sales to other retailers by exiting the fitted-flooring market. The move is the first significant product development at the chain since it was bought by Italian upholstery retailer poltronesofà for £99.4m last October. In the past financial reporting periods ScS had streamlined its flooring offer to improve competitiveness and upped in-store sales conversion rates by 7%. Poltronesofà’s move has seen it place a higher emphasis on sofas and comes as Steve Carson, ScS chief executive, steps down after three years in the role. Flooring has not been abandoned entirely by the chain: it still lists a choice of 129 rugs online. This is the only reference to flooring online. https://lnkd.in/evwyT8GQ #flooring #flooringindustry #retail #retailindustry

Sure, freight fees are a normal part of getting FF&E into your store remodels, conversions, and new-builds …   But if you rely on vendor-direct, just-in-time delivery to do that, hidden costs and price leaks could be killing your cost-saving efforts.   Find out how one retailer managed to save hundreds of thousands of dollars by using a more cost-effective FF&E process. How much money could YOU save with this approach? https://lnkd.in/eKQPmw2Y [1] 

With 15 years of experience under our belt, GFW - The Furniture Warehouse, continues to empower businesses with top-notch drop-ship solutions. Our mission is to drive your furniture store to peak efficiency. Connect with us to leverage a decade and a half of expertise. #GFW #BusinessGrowth #FurnitureWarehouse #DropShipping #Efficiency"

🚀 Seize the moment, furniture retailers! 🌟 Our latest blog post, "Seizing Growth Opportunities For Furniture Retailers In The Next Six Months," explores how smaller regional furniture retailers can capitalize on new market openings. With low occupancy rent expenses and shifts in retail formats, now is the time to expand and fill gaps left by struggling competitors. Don't miss out on these exciting growth opportunities! 📈🛋️ https://hubs.ly/Q02J531r0 #FurnitureRetail #GrowthOpportunities #MarketExpansion #ReadNow #JuliusFeinblumRealEstate #my_HFA

A few insights for your furniture business.