Originally published in the November 2015 issue of Home & Textiles Today
Today's department store universe ranges from formats competing for coupon clippers to emporiums for the international elite. And the three fully national, middle market department store chains — Kohls, JCPenney and Macy's — command some 85% of the channel's home textiles share.
This H&TT report offers an overview of what the country's department store operators are doing to strengthen their operations and position themselves for growth in an era that, for several of them, marks their second century in business.
For the first time, we are providing estimates for companies that do not generate enough home textiles sales to rank on our annual Top 50 Retail Giants report. We have chosen not to include Sears here because its drastic inventory cuts, focus on monetizing real estate to generate cash, and self-proclaimed transformation into a member-centric retail format makes it an orange among our crate of department store apple varieties.
All home textiles sales information, except for publicly held companies that break out line-of-business sales for home textiles, are Home & Textiles Today market research estimates. Sales figures are given for the 12-month period ending closest to December 31, 2014. Individual retailer descriptions include the date of the fiscal year end or the 12-month periods that deviate significantly from that date.
Sales estimates are based on information 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filings with the Securities and Exchange Commission, discussions with industry analysts and suppliers and published and unpublished reports, including newspaper articles in various retail trading areas.
This ranking is by no means comprehensive and does not represent the entire department store channel. More than the 10 retailers listed are vital companies within the industry. Home & Textiles Today chooses not to include some companies due to lack of verification of sales figures.
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