Retailers draw line between MSRP use, abuse

Article Abstract:

Furniture retailers are split as to whether the use of manufacturers' suggested retail prices (MSRPs) should be discontinued. Some retailers want to eliminate MSRPs because of legal risks that may stem from the improper use of them. Those who are reluctant to discontinue MSRPs argue that some type of honest benchmark for assessing value should first be established before totally eliminating MSRPs.

Furniture Stores

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Legal risks, wide use make MSRPs

Article Abstract:

Several furniture manufacturers are considering on discontinuing the practice of releasing manufacturers' suggested retail prices (MSRPs). This is because the use of MSRPs for comparative pricing has come under tight scrutiny from state regulators. However, some manufacturers are reluctant to drop their price lists because retailers have relied on MSRPs as the benchmark for assessing value.

Furniture and Related Product Manufacturing, Furniture & Fixtures

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State-of-the-art dealer support on tap

Article Abstract:

LeatherTech, a Dallas, TX-based leather upholstery manufacturer, is aiming to beef up its marketing profile with a dealer support program and a new design team. Already known for its manufacturing efficiency, the company is developing point-of-sale materials for its dealers. The company also plans to launch its first consumer advertising campaign to showcase its new designer collections.

Leather and Allied Product Manufacturing, Leather & Products, LeatherTech

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