Originally published as part of the Retail Planning Guide in the December 28, 2015 issue of Furniture Today
Traditional furniture stores lost market share in 2014, moving from a 36% share of furniture and bedding sales to 35%, while manufacturer-branded furniture stores gained a percentage point from 7% to 8%.
These distribution channel statistics hail from Furniture/Today's annual distribution channel report, which analyzes furniture and bedding sales through 12 retail channels.
All the while, the industry's largest furniture stores continue to capture a greater market share. Furniture/Today’s exclusive Top 100 accounted for 37% of all furniture and bedding sold in 2014, garnering a combined $36 billion. In 2013, the Top 100's share stood at 34%.
Furniture/Today's exclusive 2015 Furniture and Bedding Distribution Report reveals estimated 2014 and 2013 furniture and bedding market share through 12 distribution channels. Figures are based on retail sales of all residential furniture and bedding product categories and have been rounded.
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