Furniture/Today's Top 25 Furniture and Bedding Retailers, 2016
This report originally published in the August 22, 2016 print issue of Furniture/Today.
The nation’s Top 25 furniture and bedding retailers lost one office supply chain from their ranks but gained a traditional furniture store retailer on the way to a combined 11% sales gain this past year.
These top retailers — a mix of everything from furniture stores and discount department stores to rent-to-own operators, office superstores and an e-commerce company — grew combined furniture and bedding sales to $36.37 billion in 2015 from $32.77 billion for the same companies the year before.
The gain was right in step with the 11% growth for Furniture/Today’s Top 100 furniture stores, which includes only the traditional furniture store channel and a different sales formula that includes decorative accessories. The growth of this year’s Top 25 bested the 9.3% gain for the Top 25 from the previous year, which featured a slightly different mix of companies.
Furniture/Today’s exclusive Top 25 Retailers ranks the leading U.S. furniture and bedding retailers by 2015 sales of furniture and bedding.
Data is based on fiscal years ended Dec. 31, unless otherwise noted. Decorative accessory sales, including lamps, area rugs, wall décor and mirrors, are excluded in the estimates. Decorative accessory sales were included in the Top 100 U.S. Furniture Stores Ranking, published in Furniture/Today’s May 16, issue.
All sales figures, except those of publicly held companies that break out furniture and bedding sales as a separate line of business, are Furniture/Today market research estimates.
Sales estimates were derived from a variety of sources, including the companies themselves, public company filings with the Securities and Exchange Commission, discussions with industry analysts and suppliers and published and unpublished reports, including newspaper articles in various retailing areas.
This ranking is by no means comprehensive and does not represent the entire industry. More than the 25 retailers listed are vital companies within the industry. Furniture/Today chooses not to include some companies due to lack of verification of sales figures.
The Top 25 crosses all formats of furniture and bedding retailing. Channels include bedding specialty stores (Mattress Firm, Sleepy’s, Sleep Number); department stores (Macy’s, Inc.); direct-to-consumer (Wayfair); discount department stores (Walmart, Target, Big Lots); lifestyle furniture stores (Ikea, Williams-Sonoma, RH); manufacturer branded stores (Ashley HomeStore, La-Z-Boy Furniture Galleries); office supply stores (Staples); rental stores (Aaron’s, Rent-A-Center); traditional furniture stores (Rooms To Go, Berkshire Hathaway furniture division, Raymour & Flanigan, American Signature, Bob’s Discount Furniture, Haverty’s, Art Van); and warehouse membership clubs (Costco, Sam’s Club).
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