Wells Fargo says to stock up on homegoods before prices jump in 2026

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Stock Up on Home Goods Now Before Prices Rise in 2026

Wells Fargo predicts that consumers should start stocking up on essential home goods as prices are expected to increase significantly in early 2026. According to Lauren Murphy, managing director of Wells Fargo Retail Finance, retailers have been trying to maintain prices this holiday season, but price hikes are inevitable due to rising costs.

Many retailers bulked up on inventory in early 2025 to avoid additional tariffs, but these duties will eventually lead to higher costs for consumers next year.

While retailers increased their inventory levels from May to September by 14%, the amount of inventory in transit from overseas suppliers is projected to rise by 62% in early 2026. Home goods retailers, in particular, heavily rely on imports, making it challenging for them to absorb tariff costs without passing them on to consumers.

Wells Fargo reports that consumers should be stocking up on home goods essentials before prices increase next year. vladdeep – stock.adobe.com

Murphy advised consumers to make major furniture purchases now to take advantage of potential savings before prices go up in early 2026. So, if you have been eyeing that new sofa or dining set, now might be the best time to buy.