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Consumer Insights

Trends to Guide Business: 2023

In June 2020, more than half of North American buyers surveyed by Shopify said the COVID-19 pandemic had changed the way they will shop going forward. Looking back, how did this play out? The answer…
Designhounds, KBIS
Designhounds returns to KBIS in 2023.

Designhounds Returns to KBIS in 2023

The Kitchen and Bath Industry Show (KBIS), owned by the National Kitchen and Bath Association (NKBA), has announced its continued partnership with Modenus Media’s Designhounds Influencer Network. The…

6 eco-friendly decorating ideas for your home this summer

With a huge 94% of Brits saying that buying eco-friendly home products is important to them1, it’s clear that the nation is looking to make conscious efforts to live more sustainably.  With this in…

The Impact of Inflation

This month’s Consumer Price Index saw inflation edge down a tiny bit — 8.5 percent for the 12 months ending in March to 8.3 percent for the 12 months ending in April. However, rising costs, thought…

Phillips Furniture Manufacturer to Adopt Outward’s Aperture Platform

In an effort to cut costs and create a more efficient product photography process, Phillips Collection has adopted the Aperture Platform by Outward, Inc., an independent Williams-Sonoma, Inc. company…

SUNPAN Officially Recognized as a Great Place to Work

“Creating a workplace where employees genuinely want to come to work every day has always been a top priority for our company since its inception,” said SUNPAN President and CEO Sundeep Bagga. “…

Precision Textiles Expands with New Warehouse

Precision Textiles, a leading supplier of coated fabrics, nonwovens and laminations for the bedding, automotive, health care and home furnishings industries, recently acquired a 100,000-square-foot…

York Wallcoverings and Brewster Home Fashions Announce New Name and CEO

York Wallcoverings, the largest and oldest wallcoverings producer in North America, announces it has been acquired by Industrial Opportunities Partners (“IOP”), an Evanston, Illinois-based private…
Consumer Confidence vs. Consumer Spending
Consumer confidence may be dipping, but spending will continue, according to the NRF.

NRF: Consumer Spending to Continue Despite Consumer Confidence Dip

Despite falling consumer confidence numbers, shoppers are continuing to spend, according to National Retail Federation Chief Economist Jack Kleinhenz.  The Consumer Confidence Index, collated monthly…
National Retail Federation Holiday Shopping 2021
The NRF says 2021 holiday spending will increase substantially over 2020.

NRF Predicts 2021 Record Holiday Shopping Season

Holiday spending has the potential to shatter previous records, as the National Retail Federation forecasts that holiday sales during November and December will grow between 8.5 percent and 10.5…
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