So far, this year does not look any better…
Now, on the following page is a look at the Top 25 Sources for the U.S. Furniture Market as reported by Furniture/Today.
Note that sales dropped 10.4% on average and over half of the companies had double digit sales declines. Only three companies had sales increases and well-regarded companies, like Stanley, Hooker, and Ethan Allen, had some of the largest declines. Also, the famous brands fared no better than the non-branded firms, and the high-end suffered along with the low.
FURNITURE INDUSTRY WATCH REPORT SEPTEMBER 2009