March 7, 2024


In winter, I plot and plan. In spring, I move."


– Henry Rollins


Premarket is back in High Point this weekend. For those coming in, the FMG office is available for your use. Our conference room is great for small private conversations, or just come by to relax and visit with staff.


After an extremely slow January, reported sales for Presidents Day were generally good, helping the home furnishings volume rebound slightly in February.


Yesterday's headline: Ashley Acquires Resident Home. Is anyone else a little surprised and puzzled by this?


A few things to check out in this newsletter:

  • List of FMG Vendors showing at Premarket
  • Special offer from Intercon
  • New vendor partner - Lineage Collections
  • New vendor partner - Shelter Home
  • Wild Card Finance Promotion - Wells Fargo
  • Bedding Promotion Schedules - SSB & TSI


Attendance at our last High Point Member Meeting was below par and we need to do better. This is your organization, take ownership and participate! Please plan to attend our April Market Membership Meeting on Saturday, April 13th. Location IHFC Ballroom. Doors open at 7:15 am for breakfast. Meeting at 8:00 am. See you there!



Mike


Mike Herschel 

Executive Director 

MHerschel@FMGBuyingGroup.com

FMG Vendor Partners Open for Premarket 3/11 -3/12

Sponsoring exhibitors:

Aspenhome, IHFC C-1158

Avalon Furniture, 430 S. Main, Suite 100

Leather Italia USA, 247 S. Main

Legacy Classic | Modern, 2622 Uwharrie Rd.

Magnussen Home, IHFC M-810


Non-sponsoring exhibitors:

Affordable Furniture Mfg., 329 S. Main

Aria Designs, Market on Green, 301

Armen Living, IHFC H-721

Coast2Coast Home, IHFC C-1103

Craftmaster Furniture, 2622 Uwharrie Rd.

DesignWorks, Center Point Centennial, 101

Elements International, 411 S. Main

Emerald Home Furnishings, 449 S. Wrenn

Furniture Of America, IHFC C-700

FurnitureDealer.Net, 311 S. Elm

Global Furniture, 305 S. Hamilton

Hi-Rock Home, IHFC M-231

Intercon, 449 S. Wrenn, First Floor

Jackson Furniture/Catnapper, Plaza Suites 300

Jofran, Furniture Plaza 200/210

John Thomas, 215 S. Main St.

Legends Home, Plaza Suites 308/309

Martin Svensson Home, Center Pt. Hamilton 116

MegaMotion, Furniture Plaza 100

Modus Furniture, IHFC C-806

Night & Day Furniture, IHFC C-609

Niroflex, Center Point Hamilton 133

Palmetto Home, Market on Green 401

Primo International, IHFC M-1100

Soundstage USA, Atrium on Main 214

Violino, 123 S. Hamilton


Note: Other Vendor Partner showrooms may be open. Those listed above have confirmed they will be open.

Download Presentation Decks From FMG Symposium

Satish Natarajan, DispatchTrack
Daniel Alvarado, White Shark Media
Nicole Cervi, Wells Fargo Economist
Consumer Finance Panel

FMG Welcomes New Vendor Partner Lineage Collections

Lineage Collections is the parent company of furniture brands Sea Winds and Lux Lighting

Lux Lighting is the beacon of excellence for home lighting across North America. Our curated collection ranges from timeless traditional motifs to sleek modern designs, all underpinned by our commitment to innovation and unmatched beauty.


While our diverse offerings and competitive pricing speak for themselves, it’s our unwavering dedication to customers that truly sets us apart. Our customers are our greatest ambassadors, and their satisfaction is our foremost priority. Whenever you reach out to Lux Lighting, know that you’re in capable and caring hands, where your needs will always be placed front and center.


Welcome to Lux Lighting, where brilliance meets excellence, and where every light tells a story.

High Point Showroom: Plaza Suites - 1-419, 1-517, Floor 1

Contact:

Chris De Lisa

President

201.317.3333

chris@lineage-collections.com


www.luxlightinggroup.com


www.seawindstrading.com

FMG Welcomes New Vendor Partner Shelter Home

Shelter Home is a privately owned manufacturer of middle to upper-end residential furniture. Its broad line of wood and upholstered furniture consists of bedroom, dining and occasional collections in traditional, transitional and contemporary styling. We are a fashion forward furniture brand striking a creative balance of materials, form and function with beautiful artisanal finishes. We focus on design, embracing organic materials, soothing colors and timeless styles to transform your living space into a haven of tranquility. What makes us different is our meticulous attention-to-detail and high-quality construction in concert with realistic price points of today’s economic lifestyle. Our goal is to craft stunning furnishings for your home that offer as much function as they do style. With a wide-ranging assortment of aesthetics, your perfect pieces are ready and waiting to be discovered by you.



Shelter Home’s design driven collections are curated by industry veterans Fred Schubert and Jason Clay. Supported and marketed by industry icons John Wampler and Derek Lin, Shelter Home is your whole home retail destination. With east and west coast warehousing balanced by a mixed container program, we make it extremely easy for any size residential retailer to join the excitement.


Contact: Jason Clay

jason@shelter-home.com | 626-575-9599 


Q1-Q2 2024 Financing Promotions



We are excited to again introduce the Wild Card Promotion.

 

TO PARTICIPATE: Choose ten consecutive days within the promotional period (March 14, 2024 – May 15, 2024) to use one of the plans in the chart attached. Send your requested dates and plan to Russ Holst or Warren Page.



Requests must be made at least 10 days before planned promotion begins. The Plan Code will be communicated once your selection has been made.

 

Russ Holst: Russell.G.Holst@wellsfargo.com

Warren Page: warrenpage@wellsfargo.com

Get complete details.

Interesting Things About FMG Vendor Partners You Might Not Have Learned During Symposium

Helena Yates

VP of Account Development

PureCare

Mobile: 909-732-3946

helenay@purecare.com

Robert Pruitt 

Owner & President

SoPoly

robert.pruitt@sopoly.com

Corsicana Invites FMG Member Buyers To Open House In Watertown, Wisconsin

ANDMORE Offers Personalized Assistance to FMG Members Interested in Attending Casual Merket Atlanta

ANDMORE is pleased to provide FMG members with personalized assistance to attend the upcoming Summer Casual Market Atlanta in July. This market provides retailers with a destination to find all things related to casual furnishings and outdoor furniture in one location. See the newest and most innovative products from more than 65 permanent showrooms and 100 temporary exhibitors.


Coinciding with Atlanta Summer Market will make your market experience even more productive by being able to cross category shop a large selection of home accents, décor, tabletop, and rug vendors. FMG members can contact Logan Avidon at lavidon@andmore.com or 336-888-3769 to get personalized assistance with registration, travel arrangements, vendor recommendations, etc. You may even qualify for a hotel or travel incentive which she can look into for you as well.


Market dates are Monday, July 15 – Thursday, July 18, 2024. More detailed information and a full list of exhibitors can be found here - https://casualmarketatlanta.com/


Streamlines Shares Trends for 2024

Click here to view TRENDS

Container Spot Rates Fall Slightly

By Mike Wackett 01/03/2024



Container spot rates on the transpacific edged down slightly again this week, however they remain significantly higher than a year ago.


It follows that ocean carriers will feel confident of securing respectable annual contract rate increases from their shipper customers as the liner industry assembles for next week’s S&P Global TPM24 conference in Long Beach, California.


Xeneta’s XSI Asia-US west coast average rate declined by 3%, to $4,619 per 40ft, compared with $1,316 in the same week of 2023. Moreover, the XSI reading was just $1,593 per 40ft in December, before the impact of the Red Sea crisis on the spot markets.


On the US east coast, where trade from Asia has been directly affected by a double-whammy of Panama Canal restrictions and diversions around the Cape of Good Hope, Drewry’s WCI Asia to US east coast spot closed the week on an average of $5,820 per 40ft, 3% down on the week, but 110% higher year on year.


Continue reading full article at

FMG Digital & White Shark Media News


Reaching your ideal audience requires precision, not just presence.


Our expert team analyzes demographics, interests, and online behavior to pinpoint your ideal customers across platforms like Facebook, Instagram, and LinkedIn.

SSB News

Serta Simmons Bedding Unveiling Seven New Collections Across Its Serta® and Beautyrest® Product Platforms at Winter Las Vegas Market


New Serta and Beautyrest Product Lineups Provide Innovation at Every Price Point From Affordable Entry Level to Luxury to Ultra-Premium


Doraville, GA, January 27, 2024 // Serta Simmons Bedding, LLC, one of the world’s leading sleep companies, today announced that it will launch seven new collections across its Serta® and Beautyrest® product platforms this year. The collections are designed to better position each brand with compelling product lineups with “step-up” value propositions and feature sets that are easy for consumers to understand and give our retailers the product assortment to drive step-up selling.

Read full SSB press release

Serta Promo Schedule

 

New Years Promo

December 27, 2023 - January 15, 2024

$100 Mastercard reward card with qualifying purchase.

Promo has ended - please submit eligible customers to Heather.


Presidents Day Promo - Currently Running

January 31, 2024 - February 26, 2024

$100 Mastercard reward card with qualifying purchase.

Promo has ended - please submit eligible customers to Heather.


Beautyrest Promo Schedule

 

New Years Promo

December 27, 2023 - January 15, 2024

$100 Mastercard reward card with qualifying purchase.

Promo has ended - please submit eligible customers to Heather.


Presidents Day Promo - Currently Running

January 31, 2024 - February 26, 2024

$100 Mastercard reward card with qualifying purchase.

Promo has ended - please submit eligible customers to Heather.



TSI News

TEMPUR-PEDIC® INTRODUCES ALL NEW TEMPUR-ADAPT® COLLECTION WITH BODY-CONFORMING PRESSURE RELIEF FOR ACHES AND PAINS


The all-new TEMPUR-Adapt® collection delivers exceptional, body-conforming pressure relief for aches & pains -- and your best night's sleep. Premium model Advanced Relief® material delivers up to 20% more pressure relief. +


LEXINGTON, Ky., Jan. 29, 2024 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy"), the company synonymous with innovation in the mattress industry, today announced their all-new TEMPUR-Adapt® mattress collection. This premium collection includes Adapt, ProAdapt, and LuxeAdapt models starting at $2,199 queen.


In addition to soft, medium, and firm models, TEMPUR-Adapt has all-new hybrid models including a LuxeAdapt Medium Hybrid. Our Hybrid Technology includes over 1,300* premium, double-stacked innersprings and a proprietary hybrid material for a lighter, more-responsive feel that helps support any sleep position. The TEMPUR-Adapt collection also features cool-to-the-touch covers and Tempur-Pedic's renowned motion cancellation, to help minimize disruptions caused by movements from partners, pets or kids so you get your best night's sleep – every night.

Read full TSI press release

TSI Promo Schedule


Royal Retreat by Sealy Presidents Day Promo - Currently Running

The FMG-exclusive Royal Retreat by Sealy line will have another exclusive promotion for Presidents Day. The event will run February 16, 2024 - February 23, 2024. Customers who purchase a B6 or B8 mattress from the new Royal Retreat line will receive a $100 Visa reward card.

Promo has ended - please submit eligible customers to Heather.


Visit FMGBuyingGroup.com to find out more about these FMG Vendor Partners

Industry Calendar - 2023

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The FMG Offices are located on the 2nd floor of the building at 333 S. Wrenn Street in High Point, NC.

The first floor houses key FMG Vendor Partners: Wells Fargo Retail Services, LS Direct Marketing, Elite Rewards, and HHL Advertising. 

Phone: 336.885.0866 Website: www.FMGBuyingGroup.com

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