Posts Tagged ‘lincolnton furniture’

Quest for Quality

Tuesday, December 8th, 2009

Three-fourths of home furnishings shoppers are looking for quality product. That’s one of the key findings from the more than 8,500 U.S. consumers responding to Furniture/Today and HGTV’s exclusive survey, The 2010 Consumer.Here’s what several home furnishings shoppers have to say about quality.

“I’m looking for better quality products that will last longer for the price rather than cheaply-made items.” 41-year-old from Ohio

“We’re buying quality things to last and changing the smaller items to give an updated look.” 61-year-old from Utah

“I’m looking for items that are very well made.” 30-year-old from Washington

“I try to be a little more rational on pieces that what will last longer while remaining stylish and functional.” 24-year-old from Maryland

“We’re buying furniture that will last a long time – product that’s not too trendy to become outdated quickly.” 33-year-old from Georgia

“The economy has made me even more apt to buy quality rather than quantity.” 56-year-old from Colorado

“Our furniture needs to last because we consider it an investment.” 40-year-old from Texas

“I look for more value and quality – a piece that will last over the years yet look great.” 43-year-old from Illinois

“I save the money before purchasing and I only buy good quality that will last.” 50-year-old from Texas

“I am saving to buy one piece of furniture at a time. Now it’s about value and quality.” 38-year-old from Alabama

“Now I think about quality and whether the furniture I purchase will stand the test of time.” 44-year-old from Missouri

Results of The 2010 Consumer will first be presented during Furniture/Today’s Leadership Conference and look for results in Furniture/Today’s December 7, 2009, print issue.

 

Source: www.furnituretoday.com

www.HowardsFurnitureandDecoratingCenter.com

It’s a Contemporary world – styles and stationary sofas

Tuesday, December 8th, 2009

Stationary sofas are the bread and butter of upholstered furniture sales. So what’s the most popular style for stationary sofas? Furniture/Today asked just that question in its exclusive Upholstery Fabric & Style Survey, 2009. Answers came from more than 400 retail furniture store fronts.

It seems that Contemporary is lord of the manor. More than one-half or 53% of stationary sofa units sold can best be described as Contemporary in style. No other style family even comes close to ousting Contemporary from its domination. Even the combination of the next highest-ranking styles, American country and European country, into a new style family, Country, could only lay claim to about one-quarter of the kingdom. And Contemporary’s reign is not a new thing either. In 2006 when Furniture/Today conducted a similar survey of retailers, nearly one-half of stationary sofa units were Contemporary. And in 2004, the unit share figure was just about identical.

For the purposes of the survey, Contemporary included the following individual styles:

  • Art Deco
  • Architectural contemporary
  • Casual contemporary
  • European modern
  • Scandinavian

Where did Contemporary rule the strongest? Examining style families across price points, Contemporary dominated at both low and high price points. At low price points of $799 and below, Contemporary claimed over two-thirds of units sold. At high price points of $1,500 and above, its share was less but still well over one-half of units sold. And at medium price points of $800 to $1,499, Contemporary’s share was just under one-half, or 48%.

Just over three-fifths of retailers’ unit upholstery sales for 2008 came from the sale of stationary sofas as reported in Furniture/Today’s exclusive Upholstery Fabric & Style Survey, 2009.  Recliners and motion sofas were the other two players, each contributing another one-fifth to the market share pie.

 

Source: www.furnituretoday.com

www.HowardsFurnitureandDecoratingCenter.com

More on upholstery and price points

Tuesday, December 8th, 2009

After the appearance of the Upholstery Fabric & Style Survey in the October 5 issue, Furniture/Today’s research team fielded a call from a supplier who wanted to know the overall breakdown of upholstery unit market share by price point. Since we had not previously calculated those statistics, we quickly derived them and sent them along to the supplier as requested. In all fairness we thought you might like to know those statistics, too.

Upholstery and price points
Market share based on UNITS, 2008

Stationary sofas
Low                 $799 and below        34%
Medium          $800 to $1,499          29%
High                $1,500 and above     37%

Reclining chairs
Low                 $799 and below        39%
Medium          $800 to $1,499          36%
High                $1,500 and above     25%

Motion sofas
Low                 $899 and below        38%
Medium          $900 to $1,599          49%
High                $1,600 and above     13%

The Upholstery Fabric & Style Survey of retailers continues a series of style surveys, currently alternating with a case goods style survey conducted in 2008 (and one planned for 2010) and the previous upholstery style survey published in 2006. Data was collected from March through May and represents more than 400 storefronts, primarily full-line furniture stores.

Source: www.furnituretoday.com

www.HowardsFurnitureandDecoratingCenter.com