The furniture industry had its struggles in 2023. According to Furniture Today, as of late October of 2023, furniture manufacturing had suffered 11 straight months of decline.
Retailers in the sector have seen layoffs and closures. Examples are Klaussner Home Furnishings, which shut down abruptly and left 900 people unemployed, and Wayfair, which recently laid off 13% of its workforce.
Florida has not been immune to these struggles. Florida-based furniture retailer CITY Furniture announced that it was laying off 39 employees in late January of 2024 due in part to “ongoing economic challenges.” But it has also recently announced that it will also be expanding with a new multi-million dollar showroom.
About CITY Furniture and Its Florida Locations: This Florida-based company is headquartered in Tamarac. They have 23 locations across the Sunshine State – most of them in south Florida, but there are additional locations scattered across the state including places like Wellington, Plant City, Stuart, and Altamonte Springs.