The COVID-19 pandemic has sent shock waves through society and up-rooted life as we know it.
Social distancing measures are being put in place, businesses are running at limited capacity, and people are staying home more than ever before.
With a significant increase in time spent at home, consumer behavior is changing as people are investing in the comforts of home such as exercise equipment, home entertainment, and specifically, home furniture.
While upgrading the comfort of your home is a great idea during this uncertain time, unfortunately, the furniture industry has not completely by-passed the ramifications of the pandemic that many institutions and businesses are currently facing.
During this time, the furniture industry is experiencing a backlog in the supply chain, ultimately contributing to an overall delay in furniture delivery times. Simultaneously, furniture retailers are noticing a major surge in demand.
While manufacturers and retailers are doing everything they can to remedy this problem, the issue isn’t going away just yet. In the meantime, it’s important to understand how the furniture industry is being affected and how you can plan your purchases accordingly.
The Bear Family 🐻