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Research and Markets: Bed And Bath Linens In The United States 2009 - Recession Reduces Discretionary Spending And Increases Price-Sensitivity [05/27/2009 ]

DUBLIN--(BUSINESS WIRE)-- Research and Markets(http://www.researchandmarkets.com/research/f87862/bed_and_bath_linen) has announced the addition of the "Bed and Bath Linens in the United States 2009" report to their offering.

The bed and bath linen market is coming down from a multi-year run-up in sales. The outlook is bleak as the housing crisis continues and consumers cut spending on discretionary items. Both suppliers and retailers struggle to stay afloat. In this report, the author takes a closer look at the state of affairs and how consumer buying habits have changed.

Analysis and insights offered include:

  • How the recession impacts sales directly and indirectly
  • Which segments are likely to perform better
  • How suppliers are dealing with loss of sales
  • Which retail channels are losing out in the recession
  • Why brand is of little importance
  • How much has price sensitivity increased
  • How substantial is the linens-as-gift market

Some of the Topics covered:

  • Scope and Themes
  • Sales of bed and bath linens coming down from 2006 peak
  • Recession has numerous impacts on discretionary category
  • Suppliers focus on cost cutting to avoid bankruptcy
  • Consumers find value at mass merchandisers but not specialty stores
  • Market Size and Forecast
  • Market Drivers
  • Recession reduces discretionary spending and increases price-sensitivity
  • Older consumers will grow in importance despite lower purchase rate
  • Biggest suppliers focus on cost cutting as sales plummet
  • Bankruptcies impact certain suppliers
  • Linens 'n Things bankruptcy reflects specialty store weakness
  • Mass merchandisers see consumers trading down
  • Licensing established brands as extensions to the home market
  • Chemical treatment increases time between laundering
  • IKEA
  • Average amount spent on bedding jumps with household income
  • Larger households spend more because they buy more products
  • Motivations for Purchase
  • Replacement is stronger motivation in economic downturn
  • Sales of towels, sheets, and pillowcases may be most resilient in recession
  • Price is the key factor in all categories, brand and retailer matter least
  • Male respondents slightly more influenced by brand
  • Brand and retailer more important to 25-34 year olds
  • Complaints and use of gift cards have not changed in last two years
  • Under-35s are most difficult to please
  • Race/Hispanic origin
  • Hispanics more likely to upgrade
  • Price is primary consideration for all racial/ethnic groups
  • Sheets and pillowcases

Companies Mentioned:

  • American Textile Manufacturers Institute (ATMI)
  • CHF Industries, Inc.
  • Cotton Incorporated
  • Divatex Home Fashions, Inc
  • Dresdner Bank AG
  • Experian
  • Franco Manufacturing Company, Inc.
  • Greenfield Online
  • Home Furnishings News (HFN)
  • IKEA USA
  • J C Penney Company, Inc
  • Kmart Corporation
  • Kohl's Corporation
  • Laura Ashley Group
  • Macy's, Inc.
  • Mervyn's
  • Organic Trade Association
  • Pacific Coast Feather Co.
  • Sleep Innovations Inc
  • Springs Global US, Inc.
  • Supima Association of America
  • The Textile Institute
  • U.S. Bureau of Labor Statistics
  • US Department of Commerce
  • Walmart Stores (USA)
  • WestPoint Home Stores, LLC
  • Williams-Sonoma, Inc

For more information visit http://www.researchandmarkets.com/research/f87862/bed_and_bath_linen

Laura Wood

Senior Manager

press@researchandmarkets.com

Fax from USA: 646-607-1907

Fax from rest of the world: +353-1-481-1716

Source: Research and Markets

<<Business Wire -- 05/27/2009>>

Copyright Business Wire 2009
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