Strong August for Furniture and Home Furnishing Stores
According to a report released 9/15/17 by the U.S. Department of Commerce showing estimated sales for retail and food service, furniture and home furnishing stores were among the leaders in August. The report shows sales increasing in the furniture and home furnishing category by 5.4% over August 2016 and 0.8% in the period for March through May 2017. Other leading categories include non-store retailers who were up 8.4%, building materials and garden equipment, who were up 7.5% and gas stations who were up 6.4%. A good overall economy and strong housing market are being seen as driving the increases.
Click here for the full details of the report.
Laufer is excited to see this strong growth in a market sector that we have long served. We look forward to seeing many of you at the upcoming High Point Market.
Please come visit the Laufer Team at the HFA Retail Resource Center, Plaza Suites, 1st Floor, Booth #25!
Written by Steve Sampson, Business Development Manager - Furniture
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