Hey folks, it’s been a while but we’re back with another Recliner Club. It’s been a big year since the last one, so here’s a bit of a recap of what we’ve been up to.
Exciting News: Platform Relaunch & Leadership Expansion
We’ve rebuilt our platform from the ground up, and we’re beyond excited to launch it soon. Our new solution is the fastest and most efficient way for furniture manufacturers to publish listings across key platforms like Wayfair, Perigold, Beyond, Houzz, and more. Along with this, we’ve welcomed a brand-new leadership team with Bob Reid as CTO and Curtis Wohlfeld as COO, bringing expertise to drive innovation.
At Bear our mission has always been to deliver the best multi-channel publishing solution for the furniture industry. Our deep roots in this space, combined with our vision for the future, have led us to create the ultimate solution for manufacturers.
Get Early Access to Our New Product! As we gear up for the launch, we’re offering exclusive early access to a select group of partners. If you’ll be at High Point Market this week, don’t miss the opportunity to book time with me and get a firsthand look at the new platform. Let’s chat about how it can transform your business.
The ticker: relevant reads 🔥🔥🔥
Ikea’s annual sales fell 4% this year (Business of Home)
High Point Market’s most exciting new collaborations (Business of Home)
Havenly Brands Acquires Burrow: A D2C Furniture Brand (Furniture Today)
Beyond lays out its strategic vision for the future (Furniture Today)
Navigating Economic Headwinds: Optimism for the Furniture Industry Despite Current Challenges
The furniture industry is currently facing significant macroeconomic challenges, with rising interest rates putting pressure on both consumer spending and housing markets. Higher borrowing costs make it more difficult for consumers to finance large purchases, like furniture, and this has dampened demand across the sector. Inflationary pressures have also driven up raw material and supply chain costs, squeezing margins for many companies. However, there is cautious optimism for improvement in 2025, as interest rates are expected to stabilize. Despite these headwinds, I remain confident in the substantial long-term opportunities ahead, driven by evolving consumer preferences and growth in the home category.
Customer Spotlight: Dovetail Furniture's Success Story
We recently had the pleasure of connecting with John Genova, CSO/CMO at Dovetail Furniture, who’s been making waves in the online space this year. John shared insights on the strategies behind their success, and we’ve captured it all in a detailed case study. Want to learn more about what’s driving their impressive growth? Check out the full story on our website, here.
Join Us at High Point Market This Week!
We'll be at High Point Market and would love to connect with you. Come say hi and meet the team—let's talk about how we can work together!
If you like what you see, join the recliner email club to stay up to date with this kind of stuff. See you soon!
Sam Vlessing
CEO, CommerceBear