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Home Furniture Furniture Sales and the Economy

Furniture Sales and the Economy

In these days with fewer people buying houses, so fewer are buying furniture to fill up new homes, and many furniture makers and retailers have suffered big sales losses as the economy has slowed. Those who might have upgraded their current décor are holding off. Few purchases can be put off as easily as furniture. You can always sit on your old sofa for another year or two. But today’s news makes clear that the furniture market’s problems can be extended globally.

large stockchart Furniture Sales and the Economy

For example …swedish flat-pack giant Ikea must cut more jobs than previously announced as the financial crisis continues to weigh on demand for its furniture, founder  said ( WSJ & Guardian ). Kamprad did not say exactly how many workers would be affected. In the past 10 months, Ikea has already slashed 5,000 jobs globally after sales dropped 7% below budget. What do you think about this ?

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  1. Posted July 13, 2009 at 4:49 pm | Permalink

    Hi. We must take advantage of the time we live.
    There are currently many sales prices on furniture.

  2. MR.BUNGLE
    Posted July 13, 2009 at 7:13 pm | Permalink

    I THINK IT’S FUNNY HOW THIS PAGE ASKS “DID YOU ENJOY THIS POST? IF SO THEN PLEASE SUBSCRIBE”.

    NO THIS POST IS DEPRESSING NEGATIVITY… STOP REINFORCING THIS. WHAT WE FOCUS ON EXPANDS.. THE WORLD IS FULL OF ABUNDANCE. TAKE THE POWER AWAY FROM THE WORLD BANKS.

  3. Kathryne
    Posted July 13, 2009 at 9:24 pm | Permalink

    The downturn in the economy will definitely continue to hurt furniture sales. In addition to a lack of demand for furniture in homes, there is also a lack of demand among many large companies. With fewer new jobs, companies do not have to furnish desks and workspaces for their employees. This large blow to furniture sales is driving down the price, and many sellers are holding sales to draw in customers. Anyone who has a new house, or needs new furniture, and has money to spare, should take advantage of the current situation. You might not get a better opportunity for great furniture at a low price.
    UWF

  4. Posted December 14, 2010 at 8:14 pm | Permalink

    if you can afford to, take it =)