Furniture catalog competition heats up

Article Abstract:

There is an increased competition in the furniture catalog retailing industry as niche players and newcomers entered the industry. Long-time players that include Fingerhut, Neiman Marcus, JCPenney, Scully & Scully, Spiegel, Saks' Folio and Horchow are facing challenges prompted by newcomers. New catalog furniture retailers include Lexington, KY-based J. Peterman, Kennett Square, PA-based Calico Corners and San Francisco, CA-based Sharper Image. Even Sears, which discontinued its legendary catalog in 1993, has made a comeback as a catalog furniture retailer.

Comment:

There is an increased competition in the furniture catalog retailing industry as niche players and newcomers enter the market

Market information - general, Furniture Stores, Article

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Sears, Kmart: Furniture's $1 billion stake

Article Abstract:

With the proposed merger of Sears and Kmart, the aggregate furniture sales of the two retailers would add up to $1 billion. The role to be played by furniture is uncertain as nothing has been decided so far.

Acquisitions & mergers, Department Stores, All Other Specialty Food Stores, Variety stores, Discount Stores, Mergers, acquisitions and divestments, Company acquisition/merger, Kmart Holding Corp., Sears, Roebuck and Co.

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