TITLE

Leading lifestyle specialist Ikea records big sales gain

AUTHOR(S)
Sloan, Carole
PUB. DATE
August 2007
SOURCE
Furniture/Today;8/20/2007, Vol. 31 Issue 49, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of the Top 5 lifestyle furniture stores in the U.S. The top five retailers increased their sales 7% to a total of $3.3 billion, enabling them to capture 13% of the total market for furnishings, the same share as in 2006. Ikea was the leader in the lifestyle group in sales increases with a gain of 23.8%, achieving 2006 furniture and bedding revenues to $1.2 billion. Included in the Top 5 were Cost Plus World Market, Pottery Barn and Pier 1 Imports. INSET: Top 5 lifestyle furniture stores.
ACCESSION #
26339755

 

Related Articles

  • Pier 1 's sales decline 13.1 %.  // Furniture/Today;11/6/2006, Vol. 31 Issue 9, p42 

    The article reports that home furnishings specialty retailer Pier 1 Imports Inc. has posted 13.1% decline in its sales in the U.S. in October 2006. It has reported sales of $114.1 million for the four-week period ended October 28, 2006, down from $131.3 million for the same period in 2005....

  • Lifestyle specialists enjoy strong year. Sloan, Carole // Furniture/Today;8/21/2006, Vol. 30 Issue 49, p28 

    The article provides an overview of the performance of lifestyle furniture stores in the "Furniture/Today" magazine's annual Retail Giants ranking for 2005. The list is headed by Ikea followed by Pottery Barn, Pier 1 Imports and Crate and Barrell. The top three companies in the lifestyle...

  • Pier 1 reports higher sales in first quarter. Graham, A. Lee // Fort Worth Business Press;6/24/2013, Vol. 25 Issue 24, p14 

    The article reports on the financial performance of the firm Pier 1 Imports Inc. of Fort Worth, Texas in the first quarter of 2013, including a 9.3% increase in total sales, 5.9% hike in comparable store sales, and a 14% surge in net income.

  • April results mixed for 3 stores.  // Furniture/Today;5/9/2005, Vol. 29 Issue 34, p42 

    The article reports that revenues and same-store sales were up in April for Haverty Furniture Cos. Inc. and for Forth Worth, Texas-based Bombay Co. Inc., but Pier I Imports Inc., also based in Fort Worth, continued to post declines for the month. Specialty retailer Bombay's revenues for the four...

  • SPECIALTY RETAILERS PRESENT MIXED BAG FOR QUARTER. Fazzini, Kate // Home Channel News;4/14/2008, Vol. 34 Issue 5, p15 

    The article reports on the market and financial performance of some of the largest specialty retailers in the U.S. as of the fourth quarter of 2007. Williams-Sonoma Inc. has recorded an increase in earnings of three percent in the fourth quarter to $124.6 million. On the other hand, Pottery Barn...

  • Banking on a hip image to hype sales. Kern, Tanja // Home Channel News;2/23/2004, Vol. 30 Issue 4, p3 

    Reports on the launch by Pier 1 Imports Inc. of a new celebrity ad campaign with interior designer Thom Filicia. Remarks of Pier 1 executive vice president Phil Schneider on the appointment of Filicia as the company's new spokesman; Aim of the company's initiative; Description of the "Get in...

  • Pier 1 testing new name for kids division. Engel, Clint // Kids Today;Jul2004, p18 

    No abstract available.

  • Pier 1 bolsters buyback plan.  // Furniture/Today;7/12/2004, Vol. 28 Issue 44, p94 

    Reports that Pier 1 Imports' board has authorized a $150 million stock buyback program, replacing the $58.2 million available from the $150 million authorization in March 2003. Number of shares bought back in the past six years; Declared dividend per share by the board.

  • Havertys, Pier 1 same-store sales rise; Bombay's drops.  // Furniture/Today;4/12/2004, Vol. 28 Issue 32, p110 

    Reports on the increase in same-store sales of furniture retailers Havertys and Pier 1 Imports Inc. in March 2004. Decline in sales of Bombay Co. Inc.; Advertising and marketing strategies of Pier 1.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics