Great article from http://www.highpointmarket.org!
Rising Demand Boosts 2017 Forecast
Millennials start shopping for basics while Boomers fit homes for thriving in place
“We are forecasting 2017 as the best year in the decade for the furniture industry,” said Jerry Epperson, Partner with Mann, Armistead, & Epperson, Ltd. Investment Bankers and Advisors, and publisher of the monthly Furnishings Digest Newsletter. Kyle Johansen, Executive Director of Merchandising at HOM Furniture, with fifteen stores in the Midwest, shared Epperson’s optimism. “We anticipate growth on a same store basis of 3-4% in the new year.”