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Factoids

Factoids offer brief snapshots of current topics pertinent to the Furniture industry based on our on-going research. Increase your grasp of current trends, consumer attitudes, and shifts within the industry through solid statistics and concise insight.

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Factoids

Series Factoid #2: Distribution Channels: Percent of Total Years 2002, 2007, 2014


 

This is the second factoid in a series detailing the Furniture Industry’s Distribution Channels.  Factoid #2 explores the changes of the percent of total distribution by each channel during years 2002, 2007, and 2014.

 

Furniture and Home Furnishing Stores: Still the primary source of Furniture sales, this traditional distribution channel has decreased it’s percent of total by a total of 8.1% from 2002 to 2014 – down to 64.5% in 2014 from 72.6% in 2002. 

 

Electronic Shopping: While Furniture and Home Furnishing Stores decrease their hold on the Furniture Industry, Electronic Shopping is steadily gaining traction as a major distribution channel.  Jumping from 2.8% in 2002 to 7.3% in 2007, Electronic Shopping finished out 2014 with 17.8% of the total distribution.

 

Warehouse Clubs and Supercenters: This channel increased it’s share of total distribution slightly from 2002 to 2014 – up from 3.6% to 4.0%. 

 

General Merchandise Stores: After slightly increasing by 0.3% from 2002 to 2007, General Merchandise Stores grew by 1.1%  in 2014 – accounting for 3.4% of total distribution.

 

Discount Department Stores:  Dropping it’s percent of total by (-1.5)% from 2002 to 2007, this channel rebounded slightly with an increase of 0.2% in 2014 – decreasing 3.8% to 2.5% over the 12 year span. 

 

Home Center and Other Building Materials:  This channel decreased from 3.1% of total distribution in 2002 to 2.3% in 2007 and a minimal rise to 2.4% in 2014.

 

Department Stores:  Decreasing by (-0.7)% from 2002 to 2007 and (-0.6)% from 2007 to 2014, Department stores was 1.8% of distribution in 2014. 

 

All Other Retailers:  In 2014, the remaining retailers dropped to 3.7% of distribution, after a decline from 8.9% in 2002 to 7.9% in 2007.

 

Source: Figures reflect data from the U.S. Census of Retail Trade issued every 5 years – 2002, 2007, and 2012.  Figures for 2014 have been estimated by Impact Consulting Services’ furniture industry model. 



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Jim Sneed    9 years ago

Would be interesting to see how furniture is broken down--upholstery,case goods,accessories--is bedding included?
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JR Diffee    9 years ago

WOW! So e-commerce has taken an additional 15% of the total Home Furnishings market in the past 12 years. Is this consistent with the broader category of all retail sales?
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[Trackback]    9 years ago

Trackback from Domain: furniturecore.com


Furniture Stores Hold 64.5% of 2014 Saleshttp://furniturecore.com/HFBusiness/HFBNow/ArticleID/12710/furniture-stores-hold-645-of-2014-sales.aspx
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