Dana French
Welcome to Furniture/Today's Research blog. Each week we'll take a look at interesting research data related to the home furnishings industry. Our focus for the week may come from research we have conducted ourselves or it might be something we've come across and just want to share. We hope you'll use this space too, to share your thoughts or to weigh in with what you think about the topic under discussion.
Three members of Furniture/Today's Research team, Research Manager Dana French and Research Specialists Judi Fulbright and Daphne Garland-McLean, will be sharing this forum, each bringing our own unique perspective. We look forward to hearing from you!
Research SaysLink This | Email This | Comments (0) Five-year sales growth projectionsRetail sales of furniture and bedding, estimated at $71.9 billion in 2009, is predicted to increase 14.0% by 2014 and reach $82 billion, according to statisticians at Easy Analytic Software, Inc., based in New York.This five-year projected growth is welcomed good news on the heels of 2009, where total consumer spending for furniture and bedding decreased 8.8% from 2008. (The 2009 and 2008... MoreLink This | Email This | Comments (3) There's no place like homeHas the recession changed the way consumers think about their home?Furniture/Today asked just that question in its exclusive survey, The 2010 Consumer, fielded in partnership with HGTV last September. More than 8,500 U.S. consumers responded to the survey and shared their thoughts on how the recession has affected furniture shopping and buying. Here’s how several responding... MoreLink This | Email This | Comments (17) The quest for qualityThree-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... MoreLink This | Email This | Comments (3) The cross-shopping phenomenonCross-channel shopping, where consumers shop for and research products online, but actually buy at a brick-and-mortar store, is big and appears to be getting even bigger because of the recession. Here are some cross-channel shopping statistics. Due to the economy, 91% of consumers think researching product online makes them more confident about what they buy. Source: PriceGrabber.com... MoreLink This | Email This | Comments (2) By the numbers: the Internet1979 : Online shopping is invented in the UK by Michael Aldrich 1994 : JCPenney goes online 1995 : Amazon.com debuts 2000 : The dot com investment bust $25.8 billion : Total e-commerce retail sales in 2000 2001 : Amazon.com reports its first-ever profit in the 4th quarter 2002 : eBay acquires PayPal 2002 : CSN Stores is founded $45.5 billion : Total... More |
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