HIGH POINT — In an industry update ahead of the recent International Home Furnishings Representatives Assn. board meeting, Ray Allegrezza said the industry sits “in the eye of a perfect storm,” enjoying never stronger demand while struggling like never before to meet it.

“Our biggest asset — a seamless supply chain — is once again our biggest liability,” IHFRA’s executive director said in a message to members (and posted to YouTube). “ Even before the pandemic it was fragile and was often knocked offline by price hikes, worker shortages, driver shortages, container shortages. And now, they have all hit at once and have hit us harder than I can remember, thanks to the pandemic.

 

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