Posts Tagged ‘high point nc furniture stores,’

Ashley Furniture restructures sales divisions

Monday, December 14th, 2009

Ashley Furniture Inds. has restructured its sales divisions and sales management with a goal of boosting efficiencies and eliminating redundancies, according to company CEO Todd Wanek.

The new divisional structure, which takes effect Jan. 1, will be segmented into three product categories: stationary upholstery, motion upholstery and case goods.

As part of the move, Ashley will engage its independent marketing specialists to be dedicated to each division in order to ensure that the sales organization continues to offer a superior level of product knowledge, product training and assistance to retail customers in areas including advertising and marketing.

Each division will handle products under the Ashley, Millennium and Signature Design by Ashley brands.

The Case Goods Division will represent products including bedroom, dining room and top-of-bed goods.

The Motion Upholstery Division “will key in on the family’s casual living area, and will also include both fabric and leather motion, lift-top and caster occasional tables, home office and walls and entertainment centers,” Wanek said.

The Stationary Upholstery Division will include fabric and leather stationary upholstery, lamps, rugs, throws, decorative pillows, tabletop accessories and occasional tables.

Wanek said that until earlier this month, the company had depended on three divisional sales vice presidents with each responsible for a product brand – Ashley, Millennium or Signature Design by Ashley. Often, these divisions would work with the same accounts in representing their respective brands.

However, as of Dec. 1, the vice presidents have been regionally focused. The vice presidents continue to report to Kerry Lebensburger, Ashley’s president of sales.

“Simply put, prior to this refocus, each of the divisions would often call on the same accounts,” explained Ashley Chairman Ron Wanek.

“There were also some instances where the products overlapped each other,” he said. “As part of our ongoing commitment to be as efficient as possible, we made these changes in order to serve our dealers at the highest level.”

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