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Today we delve into pressing cybersecurity issues, recent developments in warehouse demand, and the need for more operational efficiency in the cold chain industry.. Welcome to The Buzz powered by AutoScheduler!Hosts Scott Luton and Tandreia Bellamy welcome special guest Ilya Preston, Co-Founder & CEO of PAXAFE, to discuss:The ongoing tariff challenges and how companies like Lovesac are navigating these through strategic supplier negotiations, production shifts, price adjustments, and cost-cutting measuresThe warehouse industry, where a resurgence in demand is noted, reflecting broader economic trendsThe pressing issues surrounding cybersecurity within the supply chain, particularly during Cybersecurity Awareness Month, highlighting the alarming trend of declining budgets despite increasing cyber threatsThe burgeoning cold chain industry and the necessity for orchestration in ensuring operational efficiencyJoin us as we unpack these pivotal topics and their implications for the future of global supply chains, offering actionable insights for industry professionals.Additional Links & Resources:With That Said: https://bit.ly/WTS19Oct2025AutoScheduler.AI: https://autoscheduler.aiSAP Supply Chain Orchestration: https://bit.ly/SAP4Nov2025 Lovesac sees ‘strong progress' from 4-step tariff plan: https://bit.ly/LovesacTariffsPrologis Raises Outlook as Warehouse Leasing Picks Up: https://on.wsj.com/4opnRaTCIOs, CEOs split on key tech decisions: https://bit.ly/CIOsCEOsAutoScheduler Warehouse Decision Agent: https://autoscheduler.ai/agent-gate/ The Real Cold Chain Problem Isn't Visibility — It's Your Approach: https://bit.ly/PAXAFEblogLearn more about Paxafe: https://www.paxafe.com/Connect with IIya Preston: https://www.linkedin.com/in/ilyapreston/ Learn more about Supply Chain Now: https://supplychainnow.comWatch and listen to more Supply Chain Now episodes here: https://supplychainnow.com/program/supply-chain-nowSubscribe to Supply Chain Now on your favorite platform: https://supplychainnow.com/joinWork with us! Download Supply Chain Now's NEW Media Kit: https://bit.ly/3XH6OVkWEBINAR- Optimizing End-to-End Logistics: Efficiency, Collaboration, and Innovation- https://bit.ly/4ml2TZhWEBINAR- Empowering Decision-Making in 2026 with Supply Chain Orchestration: https://bit.ly/3W7swlLThis episode is hosted by Scott Luton...
#602 What does it really take to build a billion-dollar brand from a side-hustle idea? In this episode hosted by Kirsten Tyrrel, Shawn Nelson, founder and CEO of Lovesac, shares how a giant foam-filled beanbag he stitched together after high school sparked a 25-year entrepreneurial journey. From maxed-out credit cards and a scrappy first retail store to reinventing the furniture industry with modular couches, Shawn opens up about the mistakes, resilience, instincts, and culture that fueled Lovesac's rise to 300+ stores and thousands of employees — all while staying true to a “design for life” philosophy and building a company people genuinely love! What we discuss with Shawn: + Origin of Lovesac in 1998 + Giant beanbag side hustle + Missionary years in Taiwan + First retail store launch in 2001 + Lessons from early mistakes + Pivot to modular couches (Sactionals) + Importance of instinct in business + Culture, fun, and company values + Scaling through marketing & DTC model + Redefining success beyond money Thank you, Shawn! Check out Shawn Nelson at ShawnDNelson.com. Check out Lovesac at Lovesac.com. Follow Shawn on Instagram. Watch the video podcast of this episode! To get access to our FREE Business Training course go to MillionaireUniversity.com/training. And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Kathryn speaks with Sue Beckett, SVP of Marketing & eCommerce at Lovesac. Sue shares insights into how Lovesac leverages first-party data, customer satisfaction surveys, and third-party data to make informed marketing decisions. She also discusses omnichannel strategies and handling attribution challenges.Guest Quote:“It's not just using all parts of data that you have, it's actually what is the right data for what your end goal is? I think companies have just so much marketing data, but not all of it is relevant to what exactly you want to do. And I think in my past I have said to myself, okay, well, the data is just telling me this, so my gut might be telling me maybe that's not right, but let's just go with it. And there is a gut instinct to marketing and that's the art part of it. And I have made that mistake in my past.”Episode Breakdown: [02:15] Alchemy UnveiledNegative customer feedback is an opportunity: Customers made Sue's team aware that they didn't have the information they needed after they completed their purchase. Sue's team leveraged this to build a new website ecosystem that tripled customer account signups. [18:09] From Nuggets to Campaign GoldVirality can't be the initial goal: While virality is amazing, it can be the starting aim of your campaign. Customers can detect inauthentic and off-brand marketing from a mile away, and the intentions have to be authentic from the start. [23:16] Gold Rush!Not all data is the right data: Consider your end goal and then determine the right metrics to watch. Don't make the mistake of following the wrong metrics down a path that is aligned with the outcome you are working towards. Links & Resources:Connect with KathrynConnect with SueLearn more about DeluxeLearn more about Lovesac Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Shawn Nelson, CEO of Lovesac (LOVE), joins Nicole to discuss their 2Q report. The consumer has been “pretty tough” since the pandemic, Shawn says, but argues Lovesac is beating competitors and is beginning to see an upswing. He touts the launch of their new Snugg couch and how new and updated products are still compatible with older models. Shawn also discusses how Lovesac is using AI in their marketing and for corporate efficiency. He talks about Lovesac's strategies for establishing a brand and embedding themselves in the popular culture.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
The current episode of Furniture Industry News elucidates the significant shift in consumer behavior as we approach the forthcoming holiday season, marked by a notable decline in consumer confidence, which has fallen to a four-month low. This downturn reflects a pervasive trepidation regarding inflationary pressures and broader economic uncertainties, leading to a more cautious approach among shoppers, particularly in the realm of substantial purchases. Notably, while traditional retail sales are projected to grow at a modest rate of 3 to 4%, e-commerce is anticipated to flourish, with growth estimates ranging between 10 to 13%. This juxtaposition underscores the imperative for retailers to enhance their digital infrastructures and omnichannel strategies in order to adapt to evolving consumer preferences. Furthermore, as we navigate through these complexities, the episode also sheds light on international buying trends and financial updates from key industry players, which collectively inform our understanding of the current landscape in the furniture sector.Takeaways: The forecast for the upcoming holiday season indicates a deceleration in sales growth, suggesting consumers are exercising greater caution in their purchasing behaviors. While brick-and-mortar retail faces challenges, e-commerce is anticipated to flourish, reflecting a significant shift in consumer preferences towards online shopping experiences. The furniture industry is witnessing a bifurcation, where luxury brands are thriving due to their niche markets, contrasting with the struggles faced by middle-market competitors. Global trade dynamics are revitalizing, as evidenced by increased international participation in events like Intertextile, signaling renewed confidence in sourcing and supply chain strategies. Consumer sentiment in the U.S. has dropped to a four-month low, indicating potential obstacles for retailers as customers become hesitant towards large expenditures. Companies that embrace innovative product lines and maintain a strong brand identity, such as Lovesac, are better positioned to withstand market fluctuations and attract discerning consumers. Companies mentioned in this episode: Deloitte Ashley RH Hooker Furnishings Lovesac
If you like what you hear, please subscribe, leave us a review and tell a friend!Multiple major cybersecurity incidents are hitting software and services. GPUGate malware targets Google Ads and GitHub, Windows Defender has a hijack vulnerability, and 20 popular npm packages were compromised. Plex and Lovesac confirm breaches after ransomware attacks, hackers steal thousands of secrets via GhostAction, SpamGPT fuels phishing, employees leak AI-sensitive data, and Signal adds secure cloud backups.
What if the couch you buy today becomes Grandma's favorite 25 years from now? That's the audacious, sticky magic of Lovesac. In this episode, we break down how Shawn D. Nelson built Lovesac from a rogue college bean bag experiment into a publicly traded furniture beast…powered by patented modular “Sactionals” and a stubborn “Designed for Life” ethos that refuses to compromise. No hype, just wild startup pivots, million-dollar plot twists, and the kind of lessons you only learn when everything nearly burns down. Here's what you'll learn: ✅ How a giant foam sack stitched in a college apartment turned into a $700M+ public company ✅ Why a million-dollar reality show win (and a brush with Richard Branson) changed Lovesac's trajectory ✅ How Sactionals went from quirky prototype to the best-selling sectional couch in America ✅ Why “Designed for Life” isn't just a slogan; it's a war cry against disposable culture ✅ What it really takes to survive chapter 11, bad leases, and product reinvention ✅ Why resilience is what separates real founders from everyone else Who is Shawn? Shawn D. Nelson is the guy who turned a bean bag into a $700M+ modular furniture brand. He's gone bankrupt, built factories in Mexico, won a million bucks on a reality show, and now runs Lovesac, the company behind the cult-classic Sactional. Also hosts the Let Me Save You 25 Years podcast, where he spills more hard-earned business scars.
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Shawn David Nelson, the Founder & CEO of Lovesac, joins the show to share his journey from wanting to create a giant bean bag to creating the billion-dollar couch & bean bag brand. Hear what The Price is Right and Cap'n Crunch have to do with Lovesac, how to stay true to your brand as your company grows, what to focus on as a founder, how to survive as a business for multiple decades, and the top entrepreneurship Shawnisms from Let Me Save You 25 Years. Connect with Shawn at Lovesac.com, on social media @ShawnOfLovesac, and check out his book & podcast Let Me Save You 25 Years
Check out an episode from earlier this year with Shawn Nelson from Lovesac!What if your wild idea turned into a $700 million business? In this episode, LoveSac founder and CEO Shawn Nelson shares how he went from building bean bags in his parents' basement to winning Richard Branson's Rebel Billionaire, and scaling an industry-disrupting furniture brand rooted in sustainability.Shawn opens up about the pivotal moments - near-failures, bold pivots, and the breakthrough behind his "Designed for Life" philosophy that's challenging throwaway culture and reshaping how we think about conscious consumption.Whether you're a founder, impact-driven entrepreneur, or believer in conscious capitalism, you'll walk away inspired by Shawn's raw insights on purpose-driven leadership, long-term thinking, and building a company that actually makes a difference.**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Early Struggles00:36 Welcome to the Conscious Capitalists00:58 Meet Shawn Nelson, CEO of Lovesac03:01 The Origin Story of Lovesac06:27 Challenges and Triumphs14:50 The Branson Show Experience19:35 Failures and Lessons Learned23:00 Business Strategy and Conscious Capitalism32:05 The Journey of Self-Awareness34:21 Self-Awareness and Leadership37:27 Morning Routine and Meditation39:44 Building a Conscious Team42:28 Leadership Development and Culture46:47 Influential Books and Required Reading54:14 Public Company Challenges and Sustainability01:04:29 Final Thoughts and Reflections
The salient point of this discussion revolves around the recent announcement of new tariffs by President Trump, which are poised to substantially affect furniture imports beginning August 1, 2025. These tariffs vary significantly by country, with some nations facing rates as high as 40%, thereby complicating the operational landscape for furniture companies. As we delve into the ramifications of these tariff changes, we will explore the consequent decline in new furniture orders, which has seen a notable drop of 9% in April compared to the previous year, and a year-to-date decrease that suggests a potential mini recession within certain segments of the industry. We will also examine the broader economic context, characterized by waning consumer confidence and fluctuating retail sales, which further complicate the market's recovery prospects. Ultimately, this episode aims to elucidate the urgent need for furniture professionals to adapt to an evolving landscape marked by tariff uncertainties and shifting consumer behaviors, highlighting the importance of strategic innovation and flexibility in response to these challenges.The current state of the furniture industry is marked by a confluence of tariff-induced disruptions and fluctuating consumer confidence, presenting a panorama that necessitates astute strategic planning. The recent imposition of tariffs, which varies significantly depending on the country of origin, introduces a formidable challenge for furniture manufacturers and retailers alike. As these tariffs take effect on August 1, the industry faces an urgent imperative to recalibrate pricing strategies and operational logistics. The complexities are compounded by the fact that these tariffs are layered atop existing sector-specific levies, creating a perfect storm of financial pressures that could reverberate through the entire supply chain. Moreover, the emerging economic indicators paint a concerning picture; the Smith Leonard report indicates a notable decline in new furniture orders, culminating in a 9% reduction in April relative to the previous year. Such trends suggest that the industry may already be experiencing a contraction, often termed a 'mini-recession,' as consumer sentiment wanes and purchasing decisions become increasingly cautious. Consumers' diminished confidence, evidenced by a drop in the Consumer Confidence Index, underscores the challenges confronting retailers as they navigate this treacherous terrain. It is essential to acknowledge that while the furniture sales experienced a commendable uptick of 8.8% in May, the underlying economic conditions remain tenuous, necessitating a vigilant approach to market trends and consumer behavior. In light of these developments, industry leaders emphasize the need for innovative adaptations. Companies like Lovesac are pioneering new business models that prioritize flexibility and consumer engagement, juxtaposing traditional retail strategies with contemporary demands. As consumers become more environmentally conscious, the introduction of sustainability-focused initiatives and modular designs may serve as a beacon of hope amidst the prevailing uncertainty. The imperative for adaptability is further echoed in the evolving landscape of consumer preferences and shopping behaviors, as evidenced by the increase in dwell time within furniture showrooms. Thus, as we navigate the intricate challenges posed by these tariff changes, the call to action for industry participants is clear: a commitment to innovation, resilience, and a proactive stance in response to the shifting dynamics of the market is essential for enduring success. The discourse surrounding the recent tariff alterations encapsulates the intricate interplay between governmental policy, economic conditions, and industry dynamics, offering a comprehensive examination of the challenges and opportunities that lie ahead for furniture professionals....
In this episode of The Wisdom Of… Show, host Simon Bowen speaks with Shawn Nelson, founder and CEO of Lovesac, who has revolutionized the furniture industry through modular design and a "Designed for Life" philosophy. From starting in his mother's basement at age 20 to building a billion-dollar public company, Shawn shares profound insights on purposeful innovation, the responsibility of leadership, and creating products that evolve with human needs rather than forcing replacement cycles.Ready to transform your innovation approach? Join Simon's exclusive masterclass on The Models Method. Learn how to articulate your unique value and create scalable impact: https://thesimonbowen.com/masterclassEpisode Breakdown00:00 Introduction and Shawn's journey from basement startup to billion-dollar company05:18 The "Designed for Life" philosophy and questioning industry assumptions12:36 Modular thinking: How reconfigurable products reflect business strategy18:52 Winning Richard Branson's "The Rebel Billionaire" and lessons in authentic leadership25:44 Sustainability as business principle, not marketing initiative33:29 The responsibility of innovation and serving deeper human needs38:22 Building products that solve problems customers didn't know they had45:36 Scaling purpose-driven companies without compromising core values52:12 The future of ownership and consumer relationships58:43 Creating lasting impact through evolutionary design thinkingAbout Shawn NelsonShawn Nelson is the founder and CEO of Lovesac, a direct-to-consumer specialty furniture brand that has fundamentally reimagined how furniture serves human lives. Founded in 1998 from his mother's basement, Lovesac has grown into one of the fastest-growing furniture companies in the United States, known for its patented Sactionals modular seating system.Beyond business success, Shawn is recognized for his commitment to sustainability and the "Buy It For Life" movement. In 2005, he won Richard Branson's "The Rebel Billionaire" on Fox, demonstrating the entrepreneurial spirit that continues to drive his leadership approach.With a Master's Degree in Strategic Design and Management, Shawn serves as a graduate-level instructor at Parsons, The New School for Design in New York City. His "Designed for Life" philosophy emphasizes sustainable products built to last a lifetime and designed to evolve with customer needs, providing long-term utility while reducing furniture waste.Connect with Shawn NelsonWebsite: https://shawndnelson.com/ LinkedIn: https://www.linkedin.com/in/shawndnelson/ Facebook: https://www.facebook.com/ShawnOfLovesac/ Instagram: https://www.instagram.com/shawnoflovesac/?hl=en YouTube: https://www.youtube.com/user/shawnydlovesacAbout Simon BowenSimon has spent over two decades working with influential leaders across complex industries. His focus is on elevating thinking in organizations,...
What does it mean to build something enduring in a world obsessed with fast growth and quick exits?In this episode of What is Innovation?, Jared Simmons sits down with Shawn Nelson, CEO and founder of Lovesac, to explore the deeper layers of innovation in business, leadership, and life. From making beanbags in his parents' basement to running a public company approaching a billion in revenue, Shawn shares how clarity of purpose and long-term thinking can turn small product decisions into disruptive innovation.The conversation dives into how leaders can define their own innovation “domain,” why originality isn't a requirement for progress, and how the tension between ambition and patience can shape entire organizations. Shawn also unpacks the real cost of growth — from taking outside capital to making tough calls on talent and timing.If you've ever felt overwhelmed by the pressure to “do something new,” this episode offers a grounding and practical lens for building, inventing, and innovating — one step (and one season) at a time.Guest Bio:Shawn Nelson is the founder and CEO of Lovesac, a public company known for its patented, high-performance modular furniture. A product designer, entrepreneur, and TV personality, Shawn holds a master's in Strategic Design and Management and teaches at Parsons, The New School for Design. His recent book and podcast, Let Me Save You 25 Years, distills lessons from his two-decade journey scaling Lovesac from startup to publicly traded brand.What You'll Learn:Why innovation can be organizationally specific — and why that mattersHow to balance quarterly demands with long-term vision as a public companyWhy originality is overrated, and domain clarity is crucialWhat “patient ambition” looks like in real leadershipHow to use purpose to attract talent and guide product innovationHighlighted Insight:“Innovation doesn't have to be original. It just has to be new to you, your team, or your company. And it has to move you forward.”Quote to Remember:“Maintain top ambition with infinite patience. That's the hardest part and the secret to building something real.”Resources & Links:Let Me Save You 25 Years (book + podcast)Lovesac – Modular furniture with a missionAbout the Host:Jared Simmons is the Founder and Principal of OUTLAST Consulting, a boutique firm helping organizations unlock innovation through intentional action. With leadership experience at Procter & Gamble, McKinsey & Company, and Coca-Cola, Jared blends corporate strategy with entrepreneurial thinking to help clients innovate on their own terms.
Christine Russo, creator of What Just Happened, sits down with Shawn Nelson, CEO of Lovesac, to discuss his leadership philosophy, recent strategic hires, and the evolving dynamics of brand identity in retail.Shawn Nelson's Philosophy Toward Business: Nelson emphasizes a "Designed for Life" approach, focusing on sustainability, adaptability, and long-term customer relationships. He believes in creating products that are durable and modular, reducing waste and promoting conscious consumerism. In a break from typical retail cycles of 'Newness', Nelson emphasizes 'Sameness'. This is one of their trusted values and drives product development, strategy, marketing and more.New Hire from Crocs: Lovesac appointed Heidi Cooley, former Chief Marketing Officer at Crocs, as its first Chief Brand and Marketing Officer. Cooley is known for her digital and social-first marketing strategies that transformed Crocs into a cultural phenomenon. Sameness vs. Newness in Brand and Retail: Nelson discusses the balance between maintaining brand consistency and introducing innovation. He stresses the importance of evolving the brand to meet changing consumer expectations while preserving its core identity.
Chapters 00:00 Introduction to Lovesack and Sean Nelson02:35 The Grit Behind Entrepreneurship04:49 The Lovesack Journey Begins08:44 Challenges and Triumphs in Business13:30 Navigating Bankruptcy and Resilience17:32 Miracle Moments in Business20:47 The Importance of Funding and Growth23:07 Learning Mandarin and Cultural Insights24:36 Building Trust in Business Relationships25:54 The Early Days of Lovesac28:20 Turning Point: The Big Order from Limited Corporation30:45 Lessons from the Couch Business32:14 Design Philosophy: Built to Last36:05 Future Product Extensions and Sustainability39:09 Hiring for Values and Culture Fit42:50 Defining Success Through Relationships48:21 Advice: Quit or Keep Going
The discourse presented in the latest installment of FURNITURE Industry News delves deeply into the prevailing dynamics that shape consumer behavior and market trends within the furniture sector. The statistics reveal a notable 21% of consumers express intentions to procure dining furniture within the forthcoming year, predominantly among younger demographics under the age of 44. The podcast elucidates that the appeal lies in casual dining sets, particularly those priced below $1,000, reflecting a broader shift towards functionality, affordability, and contemporary aesthetics suitable for compact living spaces. This inclination towards less formal dining arrangements signifies an evolution in consumer preferences, highlighting the necessity for retailers and manufacturers to recalibrate their marketing strategies to align with the aspirations of new homeowners, who constitute a significant portion of the target demographic. The narrative further explores the juxtaposition of consumer optimism and caution, as recent data indicates a decline in consumer confidence attributed to various economic uncertainties, including inflation and fluctuating stock markets. This evolving sentiment necessitates a re-evaluation of manufacturing strategies, especially in the upholstery sector, where agility and rapid response to market fluctuations are paramount. As industry executives propose a shift from long-term planning to a more immediate, responsive approach, the discussion underscores the critical importance of adaptability in a landscape characterized by rapid change. The podcast effectively captures the essence of these transformations, urging stakeholders to embrace nimbleness in their operational paradigms to navigate the complexities of the current market landscape.Takeaways: The current furniture market exhibits a marked interest from consumers under the age of 44, particularly in the segment of casual dining sets priced below $1,000, indicating a shift towards more affordable and functional options. Recent statistics indicate that approximately one-third of dining furniture purchasers are recent homebuyers, emphasizing the strong correlation between homeownership and the demand for new furnishings. In a climate of fluctuating consumer confidence, manufacturers are urged to adopt a more agile approach, prioritizing short production runs and rapid adaptability over traditional long-term strategies. The American Home Furnishings Alliance is actively opposing proposed tariffs on lumber, which could significantly impact production costs and supply chains for domestic furniture manufacturers. LoveSac's strategic pivot towards reducing dependence on Chinese manufacturing illustrates a broader trend among furniture brands seeking to enhance supply chain resilience through diversification and nearshoring. Despite not meeting quarterly earnings expectations, RH (formerly Restoration Hardware) remains committed to leveraging its deep inventory and maintaining a long-term vision amidst economic uncertainties.
On episode 160 of 'JUST TRISH', an AI video EXPOSES the real reason why Trisha keeps having children with Moses. Plus, unproblematic YouTuber Jenny Nicholson calls out Shane Dawson over his latest conspiracy video. And Trisha calls out Vogue and jeopardizes her ticket to the Met Gala. ✨
Send us a textAbout This EpisodeShawn Nelson, founder and CEO of the Lovesac Company, defines boldness as a state of mind that is as constant as we push ourselves to make it. He maintains his bold edge by deliberately seeking situations that challenge him. When faced with seemingly impossible vertical climbs, in dirt biking and in real life, he applies his philosophy: "If it has been done, it can be done. And why not me?" This same mindset helped him transform a simple beanbag chair into a publicly-traded company now worth billions. What makes Shawn's journey particularly valuable is his transparency about struggle. He openly shares Lovesac's bankruptcy experience, which he calls his "MBA in a box," and shares so many of the other lessons he has learned in his latest book, Let Me Save You 25 Years. Shawn also challenges listeners to be bold enough to be honest about what truly motivates them, rather than pursuing status symbols or others' definitions of success. Tune in for an inspiring episode that will encourage you to make you own bold path forward. About Shawn NelsonShawn D. Nelson is the author of the best-selling book Let Me Save You 25 Years: Mistakes, Miracles, and Lessons from the Lovesac Story. He is the founder and CEO of the Lovesac Company, which designs, manufactures, and sells such furniture as modular couches and bean bag chairs. Nelson holds a BA in Mandarin Chinese from the University of Utah and a Master's degree in Strategic Design and Management from Parsons, The New School for Design in New York City, where he later became an instructor. Additional ResourcesWebsite: shawndnelson.comInstagram: @shawnoflovesacLinkedIn: @ShawnDNelsonCheck Out His Book, Let Me Save You 25 YearsSupport the show-------- Stay Connected www.leighburgess.com Watch the episodes on YouTube Follow Leigh on Instagram: @theleighaburgess Follow Leigh on LinkedIn: @LeighBurgess Sign up for Leigh's bold newsletter
When uncertainty spikes, our ability to look out into the future shrinks. (00:21) Emily Flippen and Matt Argersinger discuss: - How the shifting tariff picture is driving uncertainty across markets, economic forecasts, and investor outlooks. - Target's continuing troubles, and why even Costco can't escape the retail slowdown. - What's behind Okta's 25% post-earnings pop. (19:11) Five years from the beginning of the pandemic, Malcolm Gladwell reflects on our COVID response, his past works, and his latest book Revenge of the Tipping Point. (31:44) Emily and Matt break down two sides of 24-hour trading and what's on their radar this week: private equity firms and Lovesac. Stocks discussed: TGT, COST, OKTA, BN, BX, KKR, APO, LOVE Host: Dylan Lewis Guests: Emily Flippen, Matt Argersinger, Malcolm Gladwell. Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices
The Founder Of LoveSac & His Story Most people would laugh off a crazy idea like making a giant beanbag. But instead of moving on, the founder of Lovesac took action—and built a billion-dollar brand in the process. In this episode of On The Homefront, we're breaking down the real story behind Lovesac, from stuffing foam in a basement to going public. You'll hear: ✅ How a homemade beanbag turned into a billion-dollar furniture empire ✅ The brutal challenges of bootstrapping, venture capital, and going public ✅ Why most brands are designed to fail—but Lovesac is built for life ✅ The key to resilience in business (and why you can quit or keep going) If you're an entrepreneur, business owner, or just someone who loves an underdog story, this episode is a must-watch.
The Founder Of LoveSac & His Story Most people would laugh off a crazy idea like making a giant beanbag. But instead of moving on, the founder of Lovesac took action—and built a billion-dollar brand in the process. In this episode of On The Homefront, we're breaking down the real story behind Lovesac, from stuffing foam in a basement to going public. You'll hear: ✅ How a homemade beanbag turned into a billion-dollar furniture empire ✅ The brutal challenges of bootstrapping, venture capital, and going public ✅ Why most brands are designed to fail—but Lovesac is built for life ✅ The key to resilience in business (and why you can quit or keep going) If you're an entrepreneur, business owner, or just someone who loves an underdog story, this episode is a must-watch.
Chris Long, Nate Collins, Stanford Steve and Macon Gunter ARE LIVE from New Orleans to preview Super Bowl LIX between the Kansas City Chiefs and Philadelphia Eagles. The fellas also welcome on a few special guests like Malcolm Jenkins, Rodney McLeod and coach Matt Patricia, and have a blast courtesy of BetMGM, Yeti, Smirnoff, Lovesac, Garage Beer, Kingsford, Airbnb and Harry's, ALL LIVE FROM SUPER BOWL LIX IN NEW ORLEANS. (00:00) - Intro (1:27) - Green Light in New Orleans (24:51) - SB LIX Preview (59:12) - Malcolm Jenkins on Eagles SB Memories, Playing for Jim Schwartz and the Eagles Super Bowl Chances (1:20:50) - Rodney McLeod on Playing with Malcolm Jenkins, (1:51:25) - Coach Matt Patricia on 28-3 Super Bowl, coaching with Bill Belichick and coaching Chris Long and Rob Ninkovich (2:24:15) - Smirnoff's Happy Hour Hot Seat Have some interesting takes, some codebreaks or just want to talk to the Green Light Crew? We want to hear from you. Call into the Green Light Hotline and give us your hottest takes, your biggest gripes and general thoughts. Day and night, this hotline is open. Green Light Hotline: (202) 991-0723 Send any Talent Search submissions to: social@chalkmedia.com Include any video of your talents, takes and bits as well as a little bit about yourself. Love hearing from the Green Light fans. Also, check out our paddling partners at Appomattox River Company to get your canoes, kayaks and paddleboards so you're set to hit the river this summer. https://paddleva.com/ Green Light Spotify Music: https://open.spotify.com/user/951jyryv2nu6l4iqz9p81him9?si=17c560d10ff04a9b Spotify Layup Line: https://open.spotify.com/playlist/1olmCMKGMEyWwOKaT1Aah3?si=675d445ddb824c42 Green Light Tube YouTube Channel: https://www.youtube.com/channel/UCgxWFAA-wuB7osdiAJyLOcw Green Light with Chris Long: Subscribe and enjoy weekly content including podcasts, documentaries, live chats, celebrity interviews and more including hot news items, trending discussions from the NFL, MLB, NHL, NBA, NCAA are just a small part of what we will be sharing with you. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Imagine starting a business in your parents' basement, winning Richard Branson's Rebel Billionaire, and then turning your crazy idea—giant, overstuffed bean bags—into a $700 million furniture empire. Sounds like a movie, right? But for Shawn Nelson, it was just the beginning. He shares the highs, the lows, and the “what-was-I-thinking” moments that shaped LoveSac's success, from near disasters to game-changing breakthroughs. Plus, he reveals how his ‘Designed for Life' philosophy is shaking up an industry built on disposable furniture. If you love stories about bold ideas, big risks, and building a business that actually makes a difference—this one's for you!**If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: https://www.theconsciouscapitalists.comThis show is presented by Conscious Capitalism, Inc. (https://www.consciouscapitalism.org/) and is produced by Rainbow Creative (https://www.rainbowcreative.co/) with Matthew Jones as Executive Producer, Rithu Jagannath as Lead Producer, and Nathan Wheatley as Editor.Thank you for your support!- Timothy & RajTime Stamps00:00 Introduction and Early Struggles00:36 Welcome to the Conscious Capitalists00:58 Meet Shawn Nelson, CEO of Lovesac03:01 The Origin Story of Lovesac06:27 Challenges and Triumphs14:50 The Branson Show Experience19:35 Failures and Lessons Learned23:00 Business Strategy and Conscious Capitalism32:05 The Journey of Self-Awareness34:21 Self-Awareness and Leadership37:27 Morning Routine and Meditation39:44 Building a Conscious Team42:28 Leadership Development and Culture46:47 Influential Books and Required Reading54:14 Public Company Challenges and Sustainability01:04:29 Final Thoughts and Reflections
Shawn Nelson, Founder and CEO of Lovesac (LOVE) joins Trading 360 to detail the company's 2024 growth picture and what lies ahead for the home furnishing company in 2025. From new "sactionals" to its upcoming EverCouch launch, Shawn shares reasons to be optimistic on the company's future. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-... Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-... Watch on Sling - https://watch.sling.com/1/asset/19192... Watch on Vizio - https://www.vizio.com/en/watchfreeplu... Watch on DistroTV - https://www.distro.tv/live/schwab-net... Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about
Show Notes for October 21st, 2024 Episode of Furniture Industry NewsEpisode Summary: In today's episode, we explore the latest happenings in the furniture market, touching on economic trends, key business partnerships, innovative retail strategies, and consumer behavior shifts. Tune in for an in-depth look at how these developments are shaping the industry.Key Topics Covered:Consumer Behavior Trends:A recent survey reveals that approximately 50% of consumers are delaying furniture purchases until 2025, with upholstery being the most postponed category.Inflation is a significant factor, particularly affecting younger buyers and households earning under $50,000, who are opting to spend on travel, entertainment, electronics, and home improvements instead.With fewer people planning to buy new homes, there may be a continuing impact on furniture sales, as homebuyers typically drive demand for new furnishings.Revival of Bed Bath & Beyond:Beyond Inc. and Kirkland's have formed a $25 million partnership to revive the Bed Bath & Beyond brand following its bankruptcy.The plan includes launching up to five new store locations by 2025, featuring a mix of legacy products from Bed Bath & Beyond and Kirkland's home decor items.Kirkland's benefits from access to Beyond Inc.'s extensive customer base of nearly 40 million and will expand its online presence by selling products on the Bed Bath & Beyond website.Lovesac's Innovative Marketing Approach:Lovesac hosted a live event in Times Square, transforming the area into a giant game board for the "Sactionals Speed Play" challenge.The event engaged participants in building various sofa configurations using Lovesac's modular furniture, with winners receiving a free Sactionals sofa.This interactive marketing strategy highlighted the versatility of Lovesac's products, creating a memorable experience for potential customers.New Mattress Testing Standards:GoodBed and Dow have partnered to establish a scientific mattress testing protocol aimed at reducing high return rates and enhancing customer satisfaction.The protocol features a 50-item checklist covering critical mattress attributes such as temperature control, pressure relief, durability, and support.The standardized testing will aid consumers in making informed mattress choices and assist sales associates in guiding customers, potentially leading to significant cost savings for retailers.
Dr. Anne Cope & Karen Collins provide critical research based guidance on what to do in the five feet around your home to help prevent it from catching fire during a wildfire and fire windstorms. They also provide tips on preparing your finances for wildfires that you can use as well as share with friends and family! Dr. P. Albert Chan discusses his book Everything About Happy Longevity: Evidence-based Medicine, East Meets West. He answers the questions: What are the 5 Devils of health and the 5 F's for happy longevity and more! Entrepreneur Shawn Nelson Shares His Journey to Success with Let Me Save You 25 Years, a Podcast Featuring Business Lessons from Notable Entrepreneurs, Founders and Celebrities.
Dr. Anne Cope & Karen Collins provide critical research based guidance on what to do in the five feet around your home to help prevent it from catching fire during a wildfire and fire windstorms. They also provide tips on preparing your finances for wildfires that you can use as well as share with friends and family! Dr. P. Albert Chan discusses his book Everything About Happy Longevity: Evidence-based Medicine, East Meets West. He answers the questions: What are the 5 Devils of health and the 5 F's for happy longevity and more! Entrepreneur Shawn Nelson Shares His Journey to Success with Let Me Save You 25 Years, a Podcast Featuring Business Lessons from Notable Entrepreneurs, Founders and Celebrities.
The entrepreneurial journey can be a roller coaster of triumphant victories and humbling defeats, born from sweat, tears, and relentless determination. Shawn Nelson, founder and CEO of Lovesac, launched his business out of his parents' house when he was still a student. Nelson won Richard Branson's "The Rebel Billionaire" on Fox and he joins me to share his personal story, his podcast series and new book, LET ME SAVE YOU 25 YEARS: A HOW-TO GUIDE FOR ENTREPRENEURIAL SUCCESS.
Jerid explains how much he loves his LoveSac and enjoying burnishing his leather. We discuss the important aspect of going to other people's shops. Come join us!We'd love to hear from you so send in questions to the show Instagram: @the.tttpodcastYour hosts:Denis Tyrell of Tyrell Knifeworks:IG: @tyrellknifeworksYouTube: https://www.youtube.com/c/TyrellKnifeworksWebsite: https://www.tyrellknifeworks.comFacebook: https://www.facebook.com/people/Tyrell-Knifeworks/61558767232017/Jerid Sandoval of Echo Blades:IG: @echo_bladesFacebook: https://www.facebook.com/people/Echo-Blades/100085394408004/Maker's Spotlight:https://www.instagram.com/khdailyknives/https://www.instagram.com/bryanhunt.hiddenroseforgeOur sponsors:Two Basterds Tx Smithy & Supplies: @twobasterdshammersMaritime Knife Supply: http://maritimeknifesupply.comPelican Paste: https://pelicanpaste.com (Use TTT10 for 10% off!)Baker Forge and Tool: https://www.bakerforge.com (Use TTT10 for 10% off!)Podcasts we think you'll like: Hustle and Grind Work For It Fire and Steel KnifeTalk FullBlast ForgeSideChat Artisans of Steel Knife Perspective Can you hear the Eko
Shaun White, Rob Gronkowski, CEO's, Entrepreneurs are all in this motivational book penned by Shawn D. Nelson Founder and CEO of Lovesac America's fastest growing furniture retailer in 2013 and in 2019 and won Richard Branson's "The Rebel Billionaire" as well. Great interview and audio book is even better. https://shawndnelson.com
The New England Spartan Super and Sprint weekend came back to Barre, MA and it felt good to be back! Most are pretty familiar with the ~10K Super and the ~5K Sprint so those don't need too much description. In addition to taking on both of these events though, we also completed the Teddy Bear Crawl which is a 7am wave where adults crawl the kids course to earn a kids medal and kids could bear crawl it to earn a Sprint medal! This event is free but it is recommended to make a donation in order to help purchase teddy bears for kiddos in a local hospital! Mike was able to talk to 25 different people on the mic and countless people off the mic across these 3 events. These people ranging from elite athletes, weekend warriors, as well as vendors. See specific people and brands in the time stamps below! 0:00 – 3:11 – Intro 3:11 – 10:05 – Quick News 10:05 – 11:12 – Content Preface 11:12 - 29:05 - Saturday Super Athlete Interviews (Brent Trail, Lucian Gleiser, Chris Ferland, Cassandra Gill and Joe Martello, Ksen Golivkina, and Taylor Febus) 29:05 - 35:28 - Sunday Teddy Bear Crawl Athlete Interviews (Steve Bacon, Mike Kantor, Alexis Zielonka) 35:28 - 1:11:56 - Sunday Sprint Athlete and Vendor Interviews (Kevin Gregory, Hartley and Christian Mahfood, Reign Body Fuel, Kelly Sullivan, Mario Valentin, Pete Burnham, Jacquie Desmond, Giv Soft Butter, Army, Loco Coffee, Dr. Squatch, LoveSac, and Shield Health and Fitness) 1:11:56 - 1:15:52 - Mike and Katelyn Recap 1:15:52- End – Outro Next weekend we may have an athlete on from Deka Fit Philadelphia, Chicago Toughest Mudder, or maybe something else entirely! ____ News Stories: Death at Crossfit Games Spartan Year of the Boar Spartan PanAmerican Championship Medal OCRWC Medals Conquer the Gauntlet is Bought Scorpion Run Cancelled Steel Puppet Secret Link Personal Record Secret Link Vegas Play Secret Link Skiing Jesus Secret Link Broken Vase Secret Link ____ Related Episodes: 24. Boston Spartan Sprints, Hurricane Heat 114, Ian's Recovery, Color Me Rad, Father's Day Children's Museum 5k, Brockton Knocks Down Diabetes, and Lazy Lobster 10 Miler! 31. Boston Spartan Supers! 123. Boston Spartan Sprint with Elites, and Another Giveaway! 241. New England Spartan Super and Sprint with Kelly Sullivan! 293. Spartan New England Super and Sprint with Elites! ____ The OCR Report Patreon Supporters: Jason Dupree, Kim DeVoss, Samantha Thompson, Matt Puntin, Brad Kiehl, Charlotte Engelman, Erin Grindstaff, Hank Stefano, Arlene Stefano, Laura Ritter, Steven Ritter, Sofia Harnedy, Kenny West, Cheryl Miller, Jessica Johnson, Scott "The Fayne" Knowles, Anna Landry, Nick Ryker, Christopher Hoover, Kevin Gregory Jr., Evan Eirich, Ashley Reis, Brent George, Justin Manning, Wendell Lagosh, Logan Nagle, Angela Bowers, Asa Coddington, Thomas Petersen, Seth Rinderknecht, and Bonnie Wilson. Sponsored Athletes: Javier Escobar, Kelly Sullivan, Ryan Brizzolara, and Joshua Reid! Support us on Patreon for exclusive content and access to our Facebook group Check out our Threadless Shop Use coupon code "adventure" for 15% off MudGear products Use coupon code "ocrreport20" for 20% off Caterpy products Like us on Facebook: Obstacle Running Adventures Follow our podcast on Instagram: @ObstacleRunningAdventures Write us an email: obstaclerunningadventures@gmail.com Subscribe on Youtube: Obstacle Running Adventures Intro music - "Streaker" by: Straight Up Outro music - "Iron Paw" by: Dubbest
Shawn Nelson founded Lovesac in 1998 and is currently serving as Chief Executive Officer of the Company and as a member of the Board of Directors. Mr. Nelson is the lead designer of the Company's patented products and leads sourcing, creative, design, public relations, investor relations and culture. In 2005, Mr. Nelson won Richard Branson's "The Rebel Billionaire" on Fox and continues to participate in ongoing TV appearances. Mr. Nelson has a Master's Degree in Strategic Design and Management and is a graduate-level instructor at Parsons, The New School for Design in New York City. Mr. Nelson is also fluent in Mandarin.Connect with Shawn D. Nelson:Website: https://www.lovesac.com/ Instagram: https://www.instagram.com/shawnoflovesac/?hl=en LinkedIn: https://www.linkedin.com/in/shawndnelson/ TurnKey Podcast Productions Important Links:Guest to Gold Video Series: www.TurnkeyPodcast.com/gold The Ultimate Podcast Launch Formula- www.TurnkeyPodcast.com/UPLFplusFREE workshop on how to "Be A Great Guest."Free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift Ready to earn 6-figures with your podcast? See if you've got what it takes at TurnkeyPodcast.com/quizSales Training for Podcasters: https://podcasts.apple.com/us/podcast/sales-training-for-podcasters/id1540644376Nice Guys on Business: http://www.niceguysonbusiness.com/subscribe/The Turnkey Podcast: https://podcasts.apple.com/us/podcast/turnkey-podcast/id1485077152 Partner Links -- We use these apps and get amazing results and huge time savings too!Design tool: Canva Pro: Create Stunning Design in Minutes!Check out Headliner to create social media posts with video easily- make.headliner.appSimplecast is the easiest way to set up your podcast hosting- Simplecast.comZoom is the easiest way to schedule meetings and record your podcast interviews. Zoom.usAcuity is the easiest way to schedule your podcast interviews, meetings, and life.Acuityscheduling.comCheck out https://serviceskills.com/podcast and get a free $25.00 Starbucks gift card for doing a 20 minute eval call! Tell them The Nice Guys sent you.
Shawn D. Nelson is the founder and CEO of Lovesac, repeatedly recognized as the fastest growing furniture brand in the US for over a decade. Lovesac is publicly traded on Nasdaq, ticker “LOVE,” and is projected to exceed $1 Billion in annual sales over the next few years leveraging its rapidly growing fleet of more than 270 Lovesac branded retail locations. From humble beginnings, Shawn founded Lovesac in 1998, making Sacs by hand for neighbors and friends while in college. He graduated from the University of Utah in 2001 with a BA in Mandarin Chinese before opening Lovesac's first retail location in his hometown of Salt Lake City shortly after graduation. In 2005 Shawn won a million-dollar investment from Richard Branson on his prime time hit reality TV show, The Rebel Billionaire, and was named acting President of Virgin Worldwide for a time. Shawn later achieved his Master's degree in Strategic Design and Management at the world famous Parsons, The New School for Design in New York City and continued on as an instructor there for a few years teaching courses on Sustainable Business Models, Leadership, and Innovation. Shawn now holds over 50 issued patents across multiple product categories with dozens more pending. The majority of Lovesac's sales today are driven by the ever-expanding product platform called “Sactionals,” the world's most versatile couch and myriad Sactionals product extensions including embedded technology. Shawn's recent book, “Let Me Save You 25 Years,” celebrates Lovesac's colorful history, and the many “mistakes, miracles, and lessons” learned along the way. Shawn lives in St. George, Utah with his wife, Tiffany, and their 4 kids, 2 cats, and 1 crazy dog. In This Conversation We Discuss:[00:42] Intro[01:35] A business idea right at home[03:05] Learning from direct customer feedback[04:13] Taking the last gamble and it worked[06:21] From side hustle to full-time business[07:22] Managing first store and franchising[08:16] Leveraging TV fame for VC investment[09:04] Competing in Branson's reality show[10:12] Staying grounded amidst financial highs and lows[11:00] Electric Eye: your true Shopify expert [11:56] Plan and DO something[13:31] Playing along the journey[15:09] Resilience through COVID and other setbacks[16:47] Patience is key to long-term growth[17:42] Defining your own success and timeline[19:27] Sharing 25 years of mistakes and miracles[21:01] Knowing when to pivot and when to persist[22:53] Thriving in uncertainty as an entrepreneur[24:13] Big outcomes require hard decisions[25:21] Get inspired with Shawn and Lovesac's journeyResources:Subscribe to Honest Ecommerce on YoutubeModern couches, sactionals and bean bags lovesac.com/Follow Shawn D. Nelson linkedin.com/in/shawndnelson/Schedule an intro call with one of our experts electriceye.io/connectIf you're enjoying the show, we'd love it if you left Honest Ecommerce a review on Apple Podcasts. It makes a huge impact on the success of the podcast, and we love reading every one of your reviews!
In this episode of Furniture Industry News, we delve into the latest and most impactful stories shaping the furniture retail landscape. Here's a quick rundown of the key topics covered:Hybrid Retailing: Exploring the innovative combination of online and in-store shopping experiences.U.S. Mattress Market: The implications of unfairly priced imports on domestic manufacturers and consumers.Dufresne Spencer Group Data Breach: Details of the class action lawsuit following a significant data breach.Amazon Lawsuit in the UK: The £1 billion lawsuit filed by an independent retailer association against Amazon for alleged misuse of retailer data.Lovesac's Financial Performance: Insights into the company's recent sales drop and their strategic response.Flexsteel's Freight Surcharge: The impact of rising ocean container rates on pricing and logistics.RH's First-Quarter Losses: Analysis of RH's financial challenges and their ambitious growth strategy.Key Highlights:Hybrid Retailing:Definition: Combining the convenience of online shopping with the sensory experience of in-store purchases.Wayfair's Move: Opening a massive 150,000 square-foot store in Illinois, blending retail with dining experiences.Challenges: Converting store visits into substantial sales growth remains a hurdle, despite Gen Z's preference for in-store shopping.U.S. Mattress Market:Import Issues: Mattresses from eight countries sold at less than fair value, harming domestic manufacturers.Antidumping Duties: The Department of Commerce to issue duties to level the playing field.Long-Term Impact: Potential for higher consumer prices and ongoing industry adjustments.Dufresne Spencer Group Data Breach:Breach Details: Unauthorized access compromising sensitive customer data.Legal Action: Class action lawsuit seeking damages for negligence and delayed customer notification.Consumer Impact: Long-term risk of identity theft and financial fraud.Amazon Lawsuit in the UK:Allegations: Misuse of non-public retailer data to gain competitive advantage.BIRA's Claims: Independent retailers facing unfair competition from Amazon's practices.Potential Outcomes: Significant financial repercussions for Amazon and a shift towards stricter data usage regulations.Lovesac's Financial Performance:Sales Decline: 6% drop in net sales attributed to cautious consumer spending.Product Launch Success: Positive reception of new products like the PillowSac accent chair.Future Plans: Expansion of showrooms and testing of a resale and trade-in program.Flexsteel's Freight Surcharge:Rising Costs: Response to increased ocean container rates with a new freight surcharge.Strategic Move: Balancing cost absorption and maintaining service levels.Industry Implications: Other companies may adopt similar measures in response to global logistics challenges.RH's First-Quarter Losses:Financial Results: Net loss due to growth-related costs and economic conditions.CEO's Outlook: Aggressive investments aimed at long-term market opportunities.Expansion Plans: New Design Galleries and Studios to enhance market presence.Conclusion:Join us as we unpack these stories and more, providing you with the latest insights and developments in the furniture retail industry. Subscribe to Furniture Industry News for regular updates and expert commentary. Follow us on social media for additional content and share your feedback to help us cover the topics you care about most.Stay informed, stay innovative!
Episode Title: Navigating Economic Challenges and Strategic Growth in the Furniture IndustryIntroduction:Welcome to Furniture Industry News, your go-to podcast for the latest developments in the furniture industry.In this episode, we discuss the current economic challenges, sales trends, and strategic growth opportunities shaping the furniture retail landscape in 2023.Key Topics Covered:Sales Challenges for Top 100 Furniture Retailers:Overview of the significant sales decline among the top 100 furniture retailers in 2023.Impact of high consumer inflation, elevated interest rates, and a sluggish housing market.Notable exceptions with positive growth: Crate & Barrel, Lovesac, Ikea, Arhaus, Clive Daniel Home, and Conn's.Introduction of new retailers in the Top 100 list: Canales Furniture, The Furniture Warehouse/Richmond Sales, Kittle's Furniture, and Talsma Furniture.Consumer Confidence Index Update:Recent uptick in the Consumer Confidence Index, rising to 102.0 in May from 97.5 in April.Analysis of the Expectations Index and Present Situation Index.Insights into consumer perceptions of business conditions and job market outlook.Insights from the International Council of Shopping Centers Convention:Discussion on the shortage of desirable retail space and its impact on the industry.Anticipated support for consumer spending due to higher wages in 2024.Shifts in retail leasing demand, with growth in food services, discount retailers, fitness centers, grocery stores, and healthcare facilities.Resurgence of Mergers and Acquisitions:Trends driving the increase in mergers and acquisitions in the home furnishings industry.Examples of strategic vertical integrations, such as Tempur Sealy's bid for Mattress Firm and Ashley's acquisition of Resident.Importance of preparation and strategic planning for companies considering mergers or acquisitions.Extension of Tariff Exclusions on Chinese Textiles:Extension of tariff exclusions for several categories of home textiles until May 31, 2025.Products benefiting from the extension and its implications for manufacturers and retailers.Underutilization of Outdoor Living Spaces:Findings from the International Casual Furnishings Association report on outdoor space utilization.Consumer interest in upgrading outdoor living areas with furniture, lighting, and accent pieces.Emerging trends such as outdoor kitchens and eco-conscious designs.Performance of Bedroom Furniture:Challenges faced by the bedroom furniture category in the current economic climate.Strategies adopted by manufacturers to add value and maintain market share.Forecasted trends and demand for multifunctional and customizable bedroom furniture.Ethan Allen's Expansion in New Jersey:Announcement of Ethan Allen's new showroom in Watchung, NJ, marking its seventh store in the state.Overview of Ethan Allen's strategic growth and its standing in the industry.Conclusion:Recap of the episode's key discussions on sales challenges, consumer confidence, retail space, mergers and acquisitions, tariff extensions, outdoor living spaces, bedroom furniture, and Ethan Allen's expansion.Stay informed and ahead of the curve by subscribing to Furniture Industry News.Thank you for listening and join us in the next episode for more in-depth coverage and insights.
In this episode of the After Earnings podcast, host Katie Perry sat down with LoveSac CEO Shawn David Nelson to discuss LoveSac's success as a modular couch company whose products are designed to adapt and grow with users. They emphasize LoveSac's unique approach in researching target demographics and operating like a consumer packaged goods brand. They also break down the company's partnerships with Best Buy, online sales strategies, upcoming innovations, lessons from store openings, future plans for LoveSac, and more. TIMESTAMPS 00:00 Start 01:05 The story of LoveSac 03:06 The power of reputation and a product that grows with you 04:56 The modular couch and a product designed for life 07:31 What separates Lovesac: research, understanding, and operating like a CPG brand 09:14 The target demographics 13:12 Highlighting earnings success and what's changed 15:02 How the name for LoveSac came about 20:08 Taking on online sales and going through cycles 22:36 Partnerships with Best Buy and the sell tech behind it 25:49 New innovations coming down the line 31:04 His book: Let Me Save You 25 Years 33:05 How a big lesson learned to opening their own store 34:57 What's next for LoveSac $LOVE After Earnings is brought to you by Stakeholder Labs and Morning Brew. For more go to https://www.afterearnings.com Follow Us X: https://twitter.com/AfterEarnings TikTok: https://www.tiktok.com/@AfterEarnings Instagram: https://www.instagram.com/afterearnings_/ Reach Out Email: afterearnings@morningbrew.com Learn more about your ad choices. Visit megaphone.fm/adchoices
They were AI before AI was cool, Braze founder and CEO Bill Magnuson (BRZE). Also Global Life (GL) tanks after a short seller report, Apartment Income REIT (AIRC), where the rich people live, gets billions, and why Lovesac (LOVE) missed estimates and still uses an unusual accounting treatment. https://linktr.ee/drilldownpod Futurum's The Drill Down with Cory Johnson offers a weekly look at the business stories behind stocks on the move. It's business news for business people. Every episode of The Drill Down offers a pithy look at the week's most important business stories and takes a good hard look at four public companies in the news. The Drill Down is a production of The Futurum Group, a leading global technology advisory, media and research firm. Futurum's media platform spans across multiple OTT and VOD channels that have surpassed 9 million views and over 421 million digital and social media impressions. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Lovesac founder Shawn Nelson started with a silly college project - giant beanbags. Now he leads the top-selling couch brand in America. How did he go from dorm room side hustle to building a business worth billions? Tune in as Shawn shares his wild journey of overcoming failures, bankruptcy and naysayers. Plus, hear Shawn and Joe discussing the couch controversy and finding common ground in their philosophies of pushing limits. Get practical tips on developing grit, balancing work and rest, and achieving your potential through consistent effort and facing fears. This inspiring conversation provides valuable lessons for entrepreneurs, parents, and anyone striving to maximize success while maintaining well-being. Don't miss Shawn Nelson's intriguing rise from beanbags to billions. Highlights: 00:00 Intro 00:49 Overnight success story of Lovesac 02:24 Furniture that evolves with you 04:01 Do we really need a couch? 06:36 Rewiring your brain to be active 11:11 Pushing your kids until it works 17:00 Opening dopamine pathways 20:34 Spartan race Massachusetts 21:05 Finding your own thing 24:50 Where can people find Shawn
SEGMENT 1 with Shawn D. Nelson, starting at 0:00: What would you do in your business differently if you could do it all over again?Shawn D. Nelson is the author of Let Me Save You 25 Years: Mistakes, Miracles, and Lessons from the Lovesac Story. He is the founder and CEO of the Lovesac Company, which designs, manufactures, and sells such furniture as modular couches and bean bag chairs. Nelson holds a BA in Mandarin Chinese from the University of Utah and a Master's degree in Strategic Design and Management from Parsons, The New School for Design in New York City, where he later became an instructor.SEGMENT 2 with Jacob Heilbrunn, starting at 17:00: This is a presidential election year. This one is going to be very consequential by anyone's standards. As a result, we will veer on this podcast from strictly business topics to every so often entering the political realm and having those hard discussions.Jacob Heilbrunn is the editor of the National Interest and a nonresident senior fellow at the Atlantic Council. He is the author of They Knew They Were Right: The Rise of the Neocons. He lives in Washington, DC. He is the author of AMERICA LAST: The Right's Century-Long Romance with Foreign Dictators.--Visit Barry's Blog for complete show notes.
Don't be a cover band — play your own original music. Proudly. If it's truly original, unique and interesting, you'll appear larger than life, even when your resources are meager. It all starts with this week's Shawnism: Talk Big; Work Small.You can be and become whatever you want — it just takes figuring out something in the universe you are good at or finding a pattern in the universe no one else sees. This is what legendary author and marketing master David Meerman Scott says. From big promises to small actions, like being active and engaged on social media and leveraging AI for productivity and ideation, you have to find the balance between bold talk and humble work.When you embrace BOLDNESS and set a title, or goal, or commit to an original mindset and talk BIG, then put in the small work to bring it to life, you can build a life (and career) that sets you apart and puts you on the path to ultimate fulfillment.
There are a few universal principles that set successful founders and entrepreneurs apart from those who fail, and no one's talking about them. One of those superpowers successful entrepreneurs ALL have in common? The ability to THRIVE in uncertainty. On this episode, actor and writer Lukas Gage, a Hollywood hot commodity who plays roles in your favorite shows today — White Lotus, Euphoria, You, and so much more — joins to break down this Shawnism: Embrace Uncertainty.Lukas shares how he has had to get comfortable with the unknown, including the uncertainty that comes from saying ‘no'. He shares the importance of betting on yourself — even when it means declining opportunities that promise high-payouts when they don't feel aligned.Listen as Lukas and Shawn break down what is means to get comfortable with uncertainty and how you can embrace practices and mindsets that allow you to thrive, even when things aren't clear.
Shawn Nelson founded Lovesac in 1998 and is currently serving as Chief Executive Officer of the Company and as a member of the Board of Directors. Mr. Nelson is the lead designer of the Company's patented products and leads sourcing, creative, design, public relations, investor relations and culture. In 2005, Mr. Nelson won Richard Branson's "The Rebel Billionaire" on Fox and continues to participate in ongoing TV appearances. Mr. Nelson has a Master's Degree in Strategic Design and Management and is a graduate-level instructor at Parsons, The New School for Design in New York City. Mr. Nelson is also fluent in Mandarin.Connect with Shawn D. Nelson:Website: https://www.lovesac.com/ Instagram: https://www.instagram.com/shawnoflovesac/?hl=en LinkedIn: https://www.linkedin.com/in/shawndnelson/ TurnKey Podcast Productions Important Links:Guest to Gold Video Series: www.TurnkeyPodcast.com/gold The Ultimate Podcast Launch Formula- www.TurnkeyPodcast.com/UPLFplusFREE workshop on how to "Be A Great Guest."Free E-Book 5 Ways to Make Money Podcasting at www.Turnkeypodcast.com/gift Ready to earn 6-figures with your podcast? See if you've got what it takes at TurnkeyPodcast.com/quizSales Training for Podcasters: https://podcasts.apple.com/us/podcast/sales-training-for-podcasters/id1540644376Nice Guys on Business: http://www.niceguysonbusiness.com/subscribe/The Turnkey Podcast: https://podcasts.apple.com/us/podcast/turnkey-podcast/id1485077152 Partner Links -- We use these apps and get amazing results and huge time savings too!Design tool: Canva Pro: Create Stunning Design in Minutes!Check out Headliner to create social media posts with video easily- make.headliner.appSimplecast is the easiest way to set up your podcast hosting- Simplecast.comZoom is the easiest way to schedule meetings and record your podcast interviews. Zoom.usAcuity is the easiest way to schedule your podcast interviews, meetings, and life.Acuityscheduling.com
In this episode, Shawn Nelson, Founder and CEO of Lovesac and Author of the new book, Let Me Save You 25 Years, gets in depth about some of the challenges and lessons he learned throughout his 25-year entrepreneurial journey. Early mistakes, the importance of patience, and the value of work and leadership are just some of the areas that he shares valuable lessons and wisdom in stories from his experiences including being on the reality TV show 'Rebel Billionaire'. Shawn's advice is powerful and the book is excellent with a lot of great words of wisdom. Listen now to this episode of #TheKaraGoldinShow.To learn more about Shawn Nelson and Let Me Save You 25 Years:https://www.instagram.com/shawnoflovesac/https://www.linkedin.com/in/shawndnelson/https://open.spotify.com/show/2pCWnAjfUxO2puc1XiKlWx?si=522f7137b2d842b8https://www.youtube.com/@shawnydlovesachttps://a.co/d/d9qKR6hEnjoying this episode of #TheKaraGoldinShow? Let me know by reaching out to me at karagoldin@gmail.com or @KaraGoldin on all networks.Check out our website to view this episode's show notes:https://karagoldin.com/podcast/497
In this episode, Shawn Nelson, Founder and CEO of Lovesac and Author of the new book, Let Me Save You 25 Years, gets in depth about some of the challenges and lessons he learned throughout his 25-year entrepreneurial journey. Early mistakes, the importance of patience, and the value of work and leadership are just some of the areas that he shares valuable lessons and wisdom in stories from his experiences including being on the reality TV show 'Rebel Billionaire'. Shawn's advice is powerful and the book is excellent with a lot of great words of wisdom. Listen now to this episode of #TheKaraGoldinShow. To learn more about Shawn Nelson and Let Me Save You 25 Years: https://www.instagram.com/shawnoflovesac/ https://www.linkedin.com/in/shawndnelson/ https://open.spotify.com/show/2pCWnAjfUxO2puc1XiKlWx?si=522f7137b2d842b8 https://www.youtube.com/@shawnydlovesac https://a.co/d/d9qKR6h Enjoying this episode of #TheKaraGoldinShow? Let me know by reaching out to me at karagoldin@gmail.com or @KaraGoldin on all networks. Check out our website to view this episode's show notes: https://karagoldin.com/podcast/497 Learn more about your ad choices. Visit megaphone.fm/adchoices
Giants Guard Justin Pugh on playing for Kliff Kingsbury and going from straight off the LoveSac to facing Von Miller
The PECOTA rankings are out for baseball, and Justin Pugh joins the show talking all things football and Lovesac. Learn more about your ad choices. Visit megaphone.fm/adchoices
Patrick Bet-David, Adam Sosnick, and Vincent Oshana are joined by Mike Majlak. Mike Majlak is a bestselling author who currently lives in Los Angeles, where he is the co-host of Impaulsive w/ Logan Paul and the host of "The Night Shift." Mike has millions of followers on YouTube and Instagram! 6:00 - Mike Majlak discusses how he met Logan Paul while working for the furniture company LoveSac. 23:00 - Mike discusses running into George Janko on a flight from Los Angeles to Miami. 39:00 - Mike responds to the rumors that he is a "yes man" to Logan Paul. 42:00 - The difference between Logan and Jake Paul vs Andrew and Tristan Tate. Follow Mike on X: https://bit.ly/42m5Noy Follow Mike on Instagram: https://bit.ly/42fS5DB Subscribe to Mike on YouTube: https://bit.ly/47V552F Purchase Mike's book "The Fifth Vital": https://amzn.to/3ujo9cX Purchase a “Future Looks Bright” Purple & Gold signature hat and t-shirt, and receive one additional “Future Looks Bright” hat for free (red, white, black & camo). Use promo code “pbdpodcast” at checkout: https://bit.ly/3Sgbrnf Connect one-on-one with the right expert to get the answers you need with Minnect: https://bit.ly/3MC9IXE Purchase Patrick's new book "Choose Your Enemies Wisely": https://bit.ly/41bTtGD Register to win a Valuetainment Boss Set (valued at over $350): https://bit.ly/41PrSLW Get a free "Future Looks Bright" Hat & T-Shirt: Purchase two "Future Looks Bright" Hats and one "Future Looks Bright" T-Shirt & use the promo code "pbdpodcast2024" at checkout! Get best-in-class business advice with Bet-David Consulting: https://bit.ly/40oUafz Visit VT.com for the latest news and insights from the world of politics, business and entertainment: https://bit.ly/472R3Mz Visit Valuetainment University for the best courses online for entrepreneurs: https://bit.ly/47gKVA0 Text “PODCAST” to 310-340-1132 to get the latest updates in real-time! SUBSCRIBE TO: @VALUETAINMENT @vtsoscast @ValuetainmentComedy @bizdocpodcast @theunusualsuspectspodcast Want to be clear on your next 5 business moves? https://bit.ly/3Qzrj3m Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support
Shawn Nelson is the founder and CEO of Lovesac, repeatedly recognized as the fastest growing furniture brand in the US for over a decade. Lovesac is publicly traded on Nasdaq and is projected to exceed $1 Billion in annual sales over the next few years with more than 270 Lovesac branded retail locations. From humble beginnings, Shawn founded Lovesac in 1998 making Sacs by hand for neighbors and friends while in college. In 2005 Shawn won a million-dollar investment by Richard Branson on his prime time hit reality TV show, The Rebel Billionaire, and was named acting President of Virgin Worldwide for a time. Shawn's recent book, “Let Me Save You 25 Years,” celebrates Lovesac's colorful history, and the many “mistakes, miracles, and lessons” learned along the way. Today Shawn and I get to talk about this brand new book release, and he shares with me some of the stories behind these mistakes, miracles and lessons. If you've ever wished you could sit with a super successful CEO of a publicly traded company for an hour and learn the most important lessons they've picked up along then way, then I think you're really going to enjoy today's episode. Shawn's new book “Let Me Save You 25 Years: Mistakes, Miracles, and Lessons from the Lovsac Story” https://amzn.to/47FVkoO Shawn's Podcast “Let Me Save You 25 Years” https://podcasts.apple.com/us/podcast/let-me-save-you-25-years/id1714646855 Lovesac products https://www.lovesac.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
On today's episode of Digital Social Hour, Founder of Lovesac Shawn Nelson comes on the show to talk about the origin story of Lovesac, how the company has grown and what were some of the pivotal moments in the company's growth. APPLY TO BE ON THE PODCAST: https://forms.gle/qXvENTeurx7Xn8Ci9 BUSINESS INQUIRIES/SPONSORS: Jenna@DigitalSocialHour.com SPONSORS: RocketMoney : https://www.rocketmoney.com/DSH LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices
On today's episode of Digital Social Hour, Founder of Lovesac Shawn Nelson comes on the show to talk about the origin story of Lovesac, how the company has grown and what were some of the pivotal moments in the company's growth. APPLY TO BE ON THE PODCAST: https://forms.gle/qXvENTeurx7Xn8Ci9 BUSINESS INQUIRIES/SPONSORS: Jenna@DigitalSocialHour.com SPONSORS: RocketMoney : https://www.rocketmoney.com/DSH LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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