Price Pressures Plague Suppliers

Corral, Cecile B.
February 2005
Home Textiles Today;2005 Business Annual, Vol. 26, p34
Trade Publication
This article focuses on kitchen textiles industry. Consistent with what the top five category players reported for their own financial results two years ago, the kitchen textiles industry experienced zero growth in 2003 when retail sales remained flat at $446 million. 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. Charles Craft, the fifth top kitchen textiles company, experienced a 5 percent sales decline to $18 million because it made a decision to exit the lower margin business and focus on highend product. INSET: Methodology.


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