Fernish sees a circular economy for furniture

2 men unloading furniture from van

PHILADELPHIA — A little talked about but growing market is the furniture rental space. Dominated by a few companies, the furniture rental service market size is projected by Fortune Business Insights to reach $139.05 billion by 2029. It was $67 billion in 2021.

With that expected growth, there is room for more than just a few companies, and one of those at Home Delivery World 2022 is Fernish. Founded in 2017 by Lucas Dickey and Michael Barlow, the furniture rental company continues to see its...

https://www.freightwaves.com/news/fernish-sees-a-circular-economy-for-furniture

Circular logistics saving brands from supply chain woes

The circular logistics model is helping companies large and small contend with supply chain disruptions and product shortages

Just over a month into the new year, supply chain disruptions continue to cause headaches for retailers, creating shortages of everything from trucking parts to semiconductors. But what if brands were able to double, triple or even quadruple the lifetime of their inventories?

Companies large and small are embracing a circular logistics model that allows them to do exactly that. The model enables companies to keep inventories stocked even when supply lines are clogged, all the while making their...

https://www.freightwaves.com/news/circular-logistics-saving-brands-from-supply-chain-woes