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Home furnishings industry

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Minimum price policy

Article Abstract:

Century Furniture will implement a minimum retail price policy starting Jul. 1, 1998 as part of its effort to build a profitable brand name among select dealers. However, the policy will apply only to Century and Shuford wood products and not to Century Upholstery, Shuford Upholstery, Century Chair or Centurion Leather. Although Century Furniture's policy will limit discounts, it will still ensure a minimum gross profit margin of 38% to 40%, depending on dealers' sales volume with the firm. Century Furniture's policy is similar to the policy implemented by Thomasville Furniture in 1996.

Comment:

Will implement a minimum retail price policy starting 7/1/98 to build a profitable brand name among select dealers

Author: Carroll, Brian
Publisher: Reed Business Information, Inc. (US)
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 1998
Retail & services management, Century Furniture Co., Article

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Speakers: B2B link saves time, money

Article Abstract:

Speakers at the American Furniture Manufacturers Association meeting said suppliers should add greater consideration to electronic transactions. The speaker said electronic transactions can save money and time.

Author: Carroll, Brian
Publisher: Reed Business Information, Inc. (US)
Publication Name: Furniture-Today
Subject: Home furnishings industry
ISSN: 0194-360X
Year: 2003
FURNITURE AND FIXTURES, Usage, Conferences, meetings and seminars, Technology application, Electronic commerce, E-commerce, Furniture industry, Furniture, American Furniture Manufacturers Association

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Subjects list: United States
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