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The COVID-19 migration was ‘good for the furniture industry’: Overstock CEO

The COVID-19 migration was ‘good for the furniture industry’: Overstock CEO

The furniture and home decor business boomed in 2020 as people stuck at home spruced up their spaces, or relocated to new spaces entirely. The continuing strength in housing means the growth can continue, says the CEO of Overstock.com.  “First, we have a workforce trend with people moving to different places in the country. That’s good for the furniture industry,” Jonathan Johnson told Yahoo Finance Live.  The COVID-19 pandemic sparked a Great American Migration: More than 7 million… Source link

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