HIGH POINT — Providers of financing options for retail purchasers of furniture say they’re not worried about the effect of the 2020 Presidential campaigns on their business nor on consumer spending.
Internet Retailer asked retail industry insiders to gaze into their crystal balls to tell us what retail developments everyone will be talking about next year.
TD Bank’s fourth-annual furniture retailer survey shows optimism in the furniture industry, with a majority of retailers (45%) expecting furniture sales to increase through 2019.
The study, conducted during High Point Market, shows that optimism has increased since 2017, when just 35% of retailers expected furniture sales to increase.
HIGH POINT, N.C.—Furniture retailers attending High Point Market are more optimistic than they were a year ago, with just more than 45 percent of them saying they expect furniture purchasing volume to increase in the second half of 2019.
According to the fourth annual survey from TD Bank, furniture retailers remain optimistic and expect furniture sales to increase. The survey was conducted at the High Point Fall Market and found that a majority (45%) expect furniture sales to increase through 2019 – an increase from 2018’s fall market (35%) – reflecting growing confidence from retailers, despite whispers of the looming economic downturn.