Housewares is a $42b industry, with speciality stores making up about $4b of this. Online entities like Amazon and Wayfair now make up a slightly larger share than all those speciality stores combined. How did a few wall st backed publicly traded companies outgun 1,000s of indie stores? Us indies have to keep innovating to roll back the tide.
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September 28, 2015
September 28, 2015
HFN's State of the Industry arrived in many mailboxes today. The report says that housewares sales (which includes kitchen items) were up slightly in 2014.
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