Price pressures plagued suppliers

Corral, Cecile B.
June 2004
Home Textiles Today;6/14/2004, Vol. 25 Issue 40, p14
Trade Publication
Consistent with what the top five category players reported for their own financial results last year, the kitchen textiles industry experienced zero growth in 2003 when retail sales remained flat at $444 million. Carrying the weight of the blame, suppliers say, was the continued slashing of retail price points for the same, and often better quality products. In a far-away second place were mid-tier department stores, which occupied 16 percent, or $71 million. A close third were home textiles specialty chains, which took 15 percent, or $67 million, of total sales.


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