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From Home Furnishing Business
Fast Fact: Furniture Brick and Mortar E-commerce sales at 1.2% of Total Sales in 2017
March 16,
2020 by Laurie Northington in Economic News, Industry
E-commerce furniture and home furnishings websites continue to chip away at brick and mortar retailers, reporting a double-digit growth of 22% by the U.S. Census Bureau in 2018 compared to single-digit growth by other furniture and home furnishings retail channels.
In 2018, online sales represented 8.6% of retail sales for all consumer products.
Although brick and mortar retailers have tried various approaches to compete with e-commerce retailers, furniture and home furnishings stores lag behind other retailer types in terms of e-commerce sales as a percent of total sales.
E-commerce sales were 1.2% of total sales in 2017 for brick and mortar furniture and home furnishings stores, compared to 3.8% for clothing stores, 2.9% for sporting goods, hobby, and bookstores, and 2.1% for electronics and appliance stores.
For a closer look at the numbers, click here.