Evolving eCommerce: Furniture Retailing: Incl Impact of COVID-19 - US - May 2020
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“The online furniture market will continue to see positive sales, albeit at a slower pace than expected due to COVID-19. Sales of home office furniture will spike as many consumers shift to working from home. As unemployment rises and the housing market slows down, many larger furniture purchases will be put on hold. Looking ahead, online furniture retailers will look to sales and promotional events to help offload piled up inventory. As consumers continue to shop more online, the online furniture market will slowly return to healthy growth.”
– Katie Yackey, eCommerce Analyst
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What’s Shaping Demand – Today And Tomorrow.