Startups see a market in renting couches by the month

  • 📰 ABC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Several startups are renting furniture by the month in a handful of U.S. cities.

In this Monday, Nov. 25, 2019 photo, Zachariah Mohammed, left, Pete Mancilla, and their dog Remy pose for a picture in their apartment in New York. Most of the furniture in their apartment, including the couch, the table and chairs, the side table and the bar cart, are rented. Furniture-rental startups and other companies are aiming to rent furniture to millennials who don't want to commit to big purchases or move heavy furniture and are willing to pay for the convenience.

“We don’t want to be stuck with a giant couch,” says Mohammed, a social media manager at a software company, who lives with his partner and their dog, Remy. The furniture-rental companies target high-income city dwellers who want a $1,100 orange love seat or $980 leather bench — but only temporarily. The furniture itself is a step up from Ikea.

Renting may make sense for a generation that sees"life as transient,” says Hana Ben-Shabat, the founder of Gen Z Planet, a research and advisory firm that focuses on the generation born between the late 1990s and 2016.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

just read inflatable furniture is back and cheap

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cracks Are Showing in This Egg-Saturated Chinese MarketAn uptick in egg production and a drop in meat prices at the end of 2019 have seen new cracks appearing in China’s egg market. [joke about baskets] What 你是 realDonaldTrump
Source: WSJ - 🏆 98. / 63 Read more »