Comments on: May furniture store sales fall 6.8% from May 2023 https://homenewsnow.com/blog/2024/06/18/may-furniture-store-sales-6-8-from-may-2023/ Your Source for Home Furnishings Retail News Mon, 24 Jun 2024 15:24:12 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Frank Arroyo https://homenewsnow.com/blog/2024/06/18/may-furniture-store-sales-6-8-from-may-2023/#comment-5413 Mon, 24 Jun 2024 15:24:12 +0000 https://homenewsnow.com/?p=44709#comment-5413 Thank you for your profound insights and for sharing vital statistics with readers in the furniture industry. Having been part of this sector since the mid-1970s, with experience in both retail and now wholesale, I have witnessed numerous economic challenges. However, the past year has been particularly difficult for furniture retailers. We are facing reduced customer traffic, lower average ticket sales, and significant price increases due to logistics issues in ocean freight. The spot prices for containers have surged from $8,000 to $10,000, which could have a severe negative impact on our industry.

Given these circumstances, it is crucial to stay informed about ongoing logistic dilemmas. Your insights are invaluable in helping us prepare our clients for what lies ahead.

Thank you once again for your dedication and expertise.

Sincerely,

A Concerned Industry Member

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