TITLE

Despite Deflation, Sales Gained Sharply in '04

AUTHOR(S)
Sanfilippo, Michele
PUB. DATE
June 2005
SOURCE
Home Textiles Today;6/13/2005, Vol. 26 Issue 39, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that in 2004, bedding category in textile retail trade saw continued price deflation, a trading up of specifications at prior price points and more direct sourcing from Asia. Although leading bedding suppliers struggled to grow--or even maintain--revenue levels in the face of deflation and stepped up retail-direct sourcing, the top 10 retailers mostly posted strong growth, helping push total bedding sales ahead 12 percent to $8.3 billion. Economic conditions remained difficult in the category last year, primarily in comforters, sheets and throws, where prices decreased and Asian importers eroded more and more business from domestic manufacturers.
ACCESSION #
17322036

 

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