Furniture and Home Furnishings Stores in the U.S. - The 2015 Report

Furniture and Home Furnishings Stores in the U.S. - The 2015 Report

  • April 2015 •
  • 37 pages •
  • Report ID: 2905211 •
  • Format: PDF
Our goal at Kentley Insights is simple...provide leaders with the right insights to help them unlock value in their company. Everything we've done in creating this report is focused on this goal. The 2015 Report on Furniture and Home Furnishings Stores is an in-depth evaluation of the industry and will provide you with all of the key insights, trends and benchmarks you need to create a broad and comprehensive diagnostic and understanding of the industry and your company.

Used for a range of strategic purposes, from due diligence to streamlining to forecasting to gap analysis to evaluating new opportunities, this report is loaded with over 100 of the most insightful benchmarks and trends, covering industry sales, growth, firms, product line breakdown, inflation, inventory turns, gross margin, payroll, employee productivity, pay ranges for top roles, job categorization breakdown, operating expenses, financial ratios, profitability, firm size data, state statistics, employment, historical data, forecasts, and much more. Just take a look at the table of contents and you'll see this is the one report that delivers the insights on the revenue, cost and capital sides of the business.

The core data is generated from the most comprehensive set of surveys filled out by companies in the industry. Our analysts create the forecasts based on industry dynamics and the macroeconomic environment.

This subsector comprises establishments primarily engaged in retailing new furniture and home furnishings. These establishments usually operate from showrooms and many offer interior decorating services in addition to the sale of products.

If you are looking for that one market report that will help you make the right strategic decisions, this is it. Download a sample report to see for yourself. Also, check out some select highlights from this particular report:

INDUSTRY GROWTH
Over the past 3 years, the industry has grown at an annual rate of 3.7%
Learn the 2009-2014 historical figures and the 2015 and 5 year forecasts

COMPANY GROWTH
There are 30,175 companies in the industry
Learn the 2009-2014 historical figures and the 2015 and 5 year forecasts

PRODUCT LINE BREAKDOWN
15.8% of sales comes from flooring & floor coverings
Benchmark the percentage of sales of the other top product lines

SALES PER CAPITA
In 2014, California residents spent $302 per capita at Furniture and Home Furnishings Stores establishments
Learn the sales per capita of other states

SALES PER ESTABLISHMENT
In New York, the average sales per establishment is $1.1 million
Discover the sales per establishment in other states

INFLATION & PRICING
The forecasted inflation for 2015 is 2.5%
Learn the 2009-2014 historical figures and the 2015 and 5 year forecasts

COMPANY SIZE BENCHMARKS
From 2009 to 2014, the number of companies with 10-99 employees has declined -16%
Find out many more insights by size of company

PROFITABILITY
58.6% of companies are profitable in the industry
Discover more about industry profitability

FINANCIAL RATIO BENCHMARKS
The asset turnover of the industry is 1.9
Benchmark nine other important financial ratios

RIGHTSIZING ANALYSIS
The average sales per employee is $225,816
Learn the 2009-2014 historical figures and the 2015 and 5 year forecasts

EXPENSE BENCHMARKING
9.2% of revenues are spent on advertising
Benchmark against 24 other expense categories

OPERATING EXPENSES
In 2014, industry operating expenses grew 2.4%
Learn how much operating expenses grew per company and establishment

INVENTORY TURNS
In 2015, inventory turns are forecasted to expand 7.8%
Learn the 2009-2014 historical figures and the 5 year forecasts

GROSS MARGIN
In 2014, gross margin expanded 43 basis points
Learn the 2009-2014 historical figures and the 2015 and 5 year forecasts

PAYROLL
In 2014, payroll per employee was $27,746
Get the full picture of the 2009-2014 historical figures and the 2015 and 5 year forecasts

PAYROLL BY STATE
California averages $31,616 in payroll per employee
Learn the payroll stats on other states

JOB CATEGORIZATION BENCHMARKS
3.1% of the jobs in the industry are management positions
Benchmark against 13 other job categories

JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $14.20
Discover the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories

TOP DETAILED JOBS ANALYSIS
First-Line Supervisors of Retail Sales Workers make up 6.6% of the jobs in the industry with an average hourly pay of $23.93
Find out more about the other top detailed jobs

The above highlights represent a very small fraction of what you’ll find in this report.

To unlock the most value from this report, companies typically create a comprehensive fact base of metrics on their own business to compare to the benchmarks in this report. The gap analysis will highlight potential opportunities, spur the right questions, and drive deeper inquiry. The conversations created by our reports are often the starting point to a broader strategic debate for companies to crystalize their strategies to win.

Get The 2015 Report on Furniture and Home Furnishings Stores now to unlock more value and potential in your organization.
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