Retailers with Excess Inventory, Fluctuating Consumer Demand & the Weakening US Dollar
In the Q123 Furnishings Report we cover:
- Retailers vs. Vendors: The home furnishings industry has experienced a dichotomy where many vendors are struggling due to a lack of orders, while retailers are facing challenges with excess inventory.
- Inventory Imbalance & Consumer Demand: Retailers are still dealing with the aftermath of the overstock, which has not been absorbed by fluctuating consumer demand.
- External Factors Impacting Pricing & Credit: Several other factors are complicating the situation, including a weakening U.S. dollar (which makes imports and raw materials more expensive) and fluctuating pricing in the furniture market.
About The Furnishings Digest
The proprietary data interpretation in The Furnishings Digest ensures that MAE remains closely connected with industry leaders and participants. The firm coordinates data with industry associations and governmental sources to uphold research accuracy and integrity.
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