Furniture retailer

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Exterior of IKEA store in Kuopio, Finland Kuopio Ikea.jpg
Exterior of IKEA store in Kuopio, Finland
Interior of IKEA store in Hong Kong IKEA furniture display in HK Homesquare 2018.JPG
Interior of IKEA store in Hong Kong

A furniture retailer, furniture store or furniture shop is a retail businesses that sells furniture and related accessories. Furniture retailers usually sell general furniture (like beds, tables, bookcases and wardrobes), seats and upholstered suites (like couches or sofas and chairs), and specialised items produced for a commission. [1] They may sell a range of styles to suit different homes and personal tastes, [2] or specialise in particular styles like retro style furniture. [3]

Contents

Many stores also sell outdoor or garden furniture, such as dining tables, coffee tables, seats and couches, which are designed to be waterproof, rust-resistant and weather-proof rather than to follow modern indoor design trends. [4]

Furniture retail sales directly correlate with the state of the economy and housing market. When interest rates are lower and housing sales are higher, like in the United States in the early 1990s, sales of household and garden furniture increases. When business conditions are positive, like in the United States in the late 1990s, sales of furniture for offices, hotels and restaurants increases. [5]

History

The sector dates back the middle of the 19th century, when furniture sellers in North America and Europe began buying furniture from manufacturers at wholesale prices, and selling them to consumers in showrooms at higher prices. Many early showrooms had workshops to build specialty items. [5]

By the early 20th century, most production of furniture was common in the United States, with major manufacturing centers in Jamestown, New York, High Point, North Carolina and Grand Rapids, Michigan. However, hand-crafted items remained in demand and furniture factories remained small. [5]

World War II created a global shortage of wood products, preventing the production of furniture. [5] [1]

The sale of mass-produced furniture in showrooms became more common in the second half of the twentieth century. The introduction of new materials, machinery, adhesives and finishes made it more difficult to distinguish commercially and handcrafted furniture. [6] Many furniture retailers formed exclusive relationships with furniture manufacturers. [5]

By market

North America

United States

Canada

Europe

United Kingdom

Serbia

Asia

India

Oceania

Middle East and Africa

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The retail format influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by small family-run stores, but large retail chains are increasingly dominating the sector, because they can exert considerable buying power and pass on the savings in the form of lower prices. Many of these large retail chains also produce their own private labels which compete alongside manufacturer brands. Considerable consolidation of retail stores has changed the retail landscape, transferring power away from wholesalers and into the hands of the large retail chains.

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References

  1. 1 2 "Modern furniture manufacturing". britannica.com. Encyclopedia Britannica.
  2. Ferguson, Cyrus (7 March 2022). "The Best Furniture Stores to Shop Right Now". Advance Publications. GQ.
  3. Dimperio, Chuck (15 March 2022). "Funky retro furniture lives on". Townsquare People. CNY News.
  4. Flammia, Christine (17 March 2022). "The 13 Best Places to Shop for Outdoor Furniture". Hearst Communications. Esquire.
  5. 1 2 3 4 5 "Furniture Industry". encyclopedia.com. Encyclopedia.com.
  6. Godec, Damir (2022), "Introduction to Additive Manufacturing", A Guide to Additive Manufacturing, Springer Tracts in Additive Manufacturing, Cham: Interiorsecrets, pp. 1–44, ISBN   978-3-031-05863-9 , retrieved 2023-08-01