Macy’s Intensifying Acquisition Battle, Existing Home Sales Decline, Impact Of Inflation On Holiday Spending, Karat Home's Bankruptcy Acquisition, Predicted Growth In The Outdoor Living, Bedding Industry Changing Retail Strategies
Furniture Industry News · Furniture Podcast
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Show Notes
Welcome to Furniture Industry News for Monday January 22,2024 from FurniturePodcast.com where you can stay up to date on the latest news surrounding the ever-evolving furniture industry! In today's episode, we'll cover Macy's acquisition battle and concerns over financing and lack of value, the decrease in existing home sales, the impact of inflation and high-interest rates on holiday spending, Karat Home's bankruptcy acquisition of Z Gallerie, the predicted growth in the outdoor living category and the need for innovation in product design, and the changes in retail strategies in the bedding industry with more brands opening physical stores.