2 Retail Home Furnishing Stocks to Watch as Industry Pressures Grow

The Zacks Retail-Home Furnishings industry is facing significant challenges due to economic uncertainty given high interest rates, inflation, and a slowing housing market. Rising borrowing costs have reduced home sales and renovations, directly impacting demand for furniture and decor. Additionally, consumer confidence has declined, leading to more cautious spending.Nonetheless, to navigate these headwinds, companies are focusing on strengthening digital platforms, optimizing supply chains, and investing in ...