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 (2) Retail sales forecastFurniture and bedding retail sales totaled $82.5 billion in 2010, an increase of 2.9% from 2009 sales of $80.2 billion. This slow, but positive growth is much-welcomed, coming on the heels of an 8.1% decrease between 2008 and 2009 and a 6.2% decline between 2007 and 2008.Retail sales will climb a projected 9.94% to $90.7 billion by 2015, according to statisticians at Easy Analytic Software Inc. (E... MoreLink This | Email This | Comments (2) Retailers, how's business?Furniture/Today surveyed furniture retailers last month and asked about general business conditions, including fourth quarter 2010 sales and sales predictions for 2011. We also asked about retailer's current product and advertising strategies. Results of this exclusive survey were presented at Furniture/Today's 2010 Leadership Conference, held this week in Naples, Fla. You can download a summary o... MoreLink This | Email This | Comments (2) It’s a small worldI'm often reminded of our small world. I was on a conference call this week with a gentleman from India and he made the statement that India is one of the "largest English-speaking country in the world." Sure enough, nearly one-fourth of India's population speaks English. India's total population nears 1.1 billion, so about 232 million people there speak English. According to the U.S. Ce... MoreLink This | Email This | Comments (0) No place like home"A housing recovery is taking place but will be choppy at times depending on the duration and impact of a foreclosure moratorium," Lawrence Yun, the National Association of Realtor's (NAR) Chief Economist stated this week. He goes on to say the "overall direction should be a gradual rising trend in home sales with buyers responding to historically low mortgage interest rates and ver... MoreLink This | Email This | Comments (2) Are consumers redecorating?The latest consumer spending figures from the Department of Commerce predict retail sales of furniture and bedding will increase 3% or so for all of 2010, after experiencing devastating, consecutive sales decreases in 2009 and 2008.And, according to an exclusive consumer survey fielded last January in partnership with HGTV, seven out of ten consumers have home redecorating on their mind. More than... More |
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