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UK Furniture & Floorcoverings Retailers 2009
Verdict Research Limited, Feb 2009, Pages: 206
This report takes an in depth look at the UK furniture & floor coverings retail market, assessing the impact of the consumer downturn on both furniture and floor covering sectors and the outlook for the market. The performance of 13 major players and seven smaller operators is examined in detail including market share performance.
Scope:
- Comprehensive market coverage - 10 years' data on furniture & floor coverings expenditure.
- Market shares and key operating statistics of leading specialist and non-specialist operators
- Retailer profiles include operating statistics and margins, sales per sq ft, sales, store and space growth, plus company outlook
Highlights:
- It is estimated that total spending in furniture & floor coverings declined by 6.3% in 2008 as the economic storm struck the sector more than any other. This makes 2008 the market's worst performance in recent history. While many leading players increased market share, most experienced falling sales and profit margin erosion
- Furniture & floor coverings retailers have across the board seen like-for-like sales move into reverse and the rate of store closures has accelerated to its fastest pace in its 25-year history
- The combination of rising costs and falling consumer demand has tested many specialists to the absolute limit with a number of well known names forced into administration over the past year. Good news is hard to come by, even for strong retailers
Reasons to Purchase:
- Benchmark performance across the sector on key operating parameters using unique market data, comparable sales densities and operating margins
- Make informed strategic decisions using this report's 10 year datasets displaying the market's evolution
- Be aware of the challenges facing all operators in the market and how dire trading conditions are impacting different retail formats
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