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*Originally published in the July 2008 print issue.
Casual Living’s exclusive Store Operations survey is based on responses of retailers operating over 1,000 stores offering casual living products.
According to store type, the responding retailers include casual furniture specialty stores (44%), hearth, patio, pool or spa stores (29%), full-line furniture stores (12%) plus just a taste of garden centers/nurseries, home improvement centers, direct-to-consumer, Christmas, play equipment and home décor stores.
Nearly all are independently owned stores, with only 1% self-described as franchise operations. Most are single-store operations with locations representing all four regions; 32% in the South, 28% in the Northeast, 24% in the Midwest and 16% in the West. Annual 2007 sales for close to one-third of the stores were under $1 million; nearly two-fifths had sales between $1 million and $3 million and almost one-third had sales in excess of $3 million.
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