furniture

Furniture companies still paying for the supply chain crisis

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In 2021, I bought on Amazon a zesty asymmetrical mirror from a brand called “BIKARSOUL.” I paid...

https://www.freightwaves.com/news/furniture-companies-still-paying-for-the-supply-chain-crisis

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

How appliance, furniture sellers can weather inflation

2 men unload couch from truck

As retail sales slow from pandemic highs amid rising inflation, fuel prices and continued supply chain congestion, Deliveright co-founder and CEO Doug Ladden still sees opportunity for sellers of heavy goods such as furniture and appliances.

“What we’ve been seeing is volume is lighter than it was six months ago. I don’t think that is surprising,” Ladden told Modern Shipper. “Within e-commerce we’ve seen some retailers go out of business, we’ve seen some retailers slow down and we’ve seen some...

https://www.freightwaves.com/news/how-furniture-sellers-can-weather-inflation

Retail boss warns on supply chain, likens demand risk to ‘Big Short’

supply chain

Some quarterly calls by public companies are basically worthless, featuring analysts lobbing softball questions to CEOs who cherry-pick facts to pump their own stock.

And then there was Tuesday afternoon’s call hosted by Gary Friedman, CEO of luxury home furnishings brand RH (NYSE: RH), formerly known as Restoration Hardware.

Friedman — with what one analyst called “brutal honesty” — expounded upon supply chain woes, surging ocean freight rates, soaring inflation and a sudden plunge in consumer...

https://www.freightwaves.com/news/retail-boss-warns-on-supply-chain-compares-demand-risk-to-big-short

IKEA to electrify last-mile delivery in Canada with Lion Electric

IKEA to add Lion Electric electric trucks to delivery fleet

IKEA and its last-mile delivery partner in Canada, Second Closet, will deploy 15 all-electric Lion Electric trucks this fall in Canada.

The vehicles making deliveries for IKEA Canada will operate in Bocherville, Quebec; Etobicoke, Ontario; and Richmond, British Columbia. They are Lion6 heavy-duty zero-emission vehicles and will play a significant role in IKEA’s broader sustainability effort, the company said.

“Electrifying our last mile delivery service is an important step in our journey to...

https://www.freightwaves.com/news/ikea-to-electrify-last-mile-delivery-in-canada-with-lion-electric

Reverse logistics requires handling customers with white gloves (with video)

FreightWaves Last Mile Logistics Summit

There is nothing simple about providing a reverse logistics service, especially for large replacement or return items that do not fit neatly into a small package.

However, more U.S. third-party logistics service providers (3PLs) and trucking companies in recent years have found this to be the type of niche service where their expertise can shine.

“We have found this especially important to our appliance customers and anyone doing furniture delivery,” Jason Neal, manager of dedicated accounts at Ke...

https://www.freightwaves.com/news/reverse-logistics-requires-handling-customers-with-white-gloves-with-video