Originally published in the August 20, 2012 issue of Furniture Today
The nation's Top 25 furniture and bedding retailers grew sales 7% last year to a combined $26.14 billion, thanks in part to a bedding specialty store segment that was on fire, the addition of two rent-to own giants to the ranking and another newcomer with the biggest sales increase of all.
Furniture/Today's exclusive survey of the Top Retail Giants ranks the Top 25 U.S. furniture and bedding retailers. Data is based on fiscal years ended Dec. 31, unless otherwise noted. Companies are ranked according to their estimated 2011 sales of furniture and bedding.
Decorative accessory sales, including lamps, area rugs, wall décor and mirrors, are excluded. Decorative accessory sales were included in the Top 100 U.S. Furniture Stores Ranking, published in Furniture/Today's May 21, 2012, issue. All sales figures, except those of publicly held companies that break out furniture and bedding sales as a separate line of business, are Furniture/Today market research estimates. Revisions are footnoted in the tables. The ranking crosses all formats of furniture and bedding retailing.
Channels include Bedding specialty stores (Sleepy's, Mattress Firm, Sleep Number); Department stores (Macy's, Inc.); Discount department stores (Wal-Mart, Target, Big Lots); Lifestyle furniture stores (Ikea, Williams-Sonoma, Restoration Hardware); Manufacturer-branded stores (Ashley Furniture HomeStores, La-Z-Boy Furniture Galleries, Ethan Allen); Office supply stores (Staples, Office Depot); Rental stores (Aaron's, Rent-ACenter); Traditional furniture stores (Rooms To Go, Berkshire Hathaway furniture division, Raymour & Flanigan, American Signature, Bob's Discount Furniture, Haverty's); and Warehouse membership clubs (Costco, Sam’s Club).
Sales estimates were derived from a variety of sources, including the companies themselves, public company filings with the Securities and Exchange Commission, discussions with industry analysts and suppliers and published and unpublished reports, including newspaper articles in various retailing areas.
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