Dublin - Research and Markets(http://www.researchandmarkets.com/research/a9c91b/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/a9c91b/bed_and_bath_linen
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