Furniture industry sales momentum continued in September, posting a 12 percent increase from the same month a year ago. Strong consumer demand drove retail sales up 23 percent year over year.
Furniture Brands International, Inc. is trading at $5.48 with 25 percent increase from August; La-Z-Boy Incorporated is $8.37 with 14 percent increase; and even though IKEA is a privately held company, the world’s top furniture retailer posted record sales in its most recent fiscal year. Chief Executive Mikael Ohlsson told Dagens Industri turnover in its fiscal year, which ended Aug. 31 rose to 23.1 billion euro, up some 7.7 percent from the previous period.
We are admittedly never completely satisfied. But it was much better than we had expected and a much better outcome keeping in mind the extremely tough business climate in many markets,” Ohlsson told the paper.
Ohlsson said IKEA wanted to grow further in Russia and China, and is keen to push into markets in South Korea and India.
This is great news for Furniture XO because we deal directly with over 45 furniture manufacturing companies. Better sales performance means a lot for our consumers because most manufacturers would offer better discounts that we pass on to you. With a holiday season fast approaching, positive sales will increase production volumes and may offer faster delivery.
More and more shoppers are feeling comfortable to buy furniture online. Regardless of bad economy in the past few years, online consumer volume is up over 23 percent just within the furniture related sectors. Here is one of the testimonials we recently received from one of our Furniture XO customers:
“Just wanted to e-mail back and say that this is the first time that we ordered a piece of furniture like this online and didn’t have any issues. We had concerns at first, but not anymore. This was a very smooth process and the product is fantastic and was shipped and packaged perfectly. We really appreciate that, we would definitely buy from you again in the future. Thank you, Jeffrey and Shannon.”
We only work with reliable and world renowned manufacturers to ensure our customers the highest standard of quality. Furniture XO offers best quality domestic brands as well as furniture from Italy, France, Germany, Canada, and other world countries!
We deal directly with manufacturers so there is never a middleman. Because of this our prices are substantially lower than those of our competitors.
Our 45,000 sq. ft. spacious warehouse allows us to process and ship your order very quickly. Our practice is to stock a large portion of popular furniture and accessories products in our warehouse to expedite order processing.
And most importantly, our unbeatable prices!
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