[Ranking] TOP 25 Furniture Retail / Retail Companies Q3/2023
Intro
Furniture retail is a vital sector within the larger retail industry, playing a crucial role in the worldwide economy. With the demand for furniture continuously growing, this industry has become a significant contributor to global trade and consumer spending.
The influence of the furniture retail industry extends far beyond its immediate market. It has a ripple effect across diverse sectors, including manufacturing, logistics, real estate, and interior design. The success and growth of this industry have a direct impact on employment rates, consumer behavior, and overall economic stability.
The economic magnitude of the furniture retail industry is substantial and continues to grow. In recent years, this sector has experienced a steady upward trajectory, driven by factors such as population growth, urbanization, and rising disposable incomes. As consumers increasingly prioritize comfort, aesthetics, and functionality in their homes and workplaces, the demand for furniture remains strong.
As with any industry, the furniture retail sector is not without its challenges and trends. Rapid technological advancements, changing consumer preferences, and sustainability concerns are actively shaping the landscape of this industry. Companies in the furniture retail space must navigate these obstacles while staying innovative and responsive to emerging market trends.
The furniture retail industry is characterized by its ever-changing landscape, making it an exciting and dynamic sector to explore. From traditional brick-and-mortar stores to online platforms and innovative showroom experiences, companies in this industry are constantly adapting to meet the evolving needs and expectations of consumers.
Ranking
#25 Hooker Furniture Corporation
Employees: 1.5K
Revenue: 350M$
Website: https://www.hookerfurniture.com
Description: Hooker Furniture Corporation, based in Martinsville, United States, is a prominent player in the Furniture Retail industry. With a rich history dating back to 1924, the company has established itself as a leading provider of high-quality furniture products. Hooker Furniture operates primarily in North America, offering a wide range of stylish and functional furniture for various living spaces such as bedrooms, dining rooms, and home offices. The company prides itself on its commitment to craftsmanship and innovation, ensuring that its products meet the evolving needs and preferences of customers. With a dedicated team of approximately 1.5 thousand employees, Hooker Furniture continues to deliver exceptional furniture solutions and generate an impressive annual revenue of 350 million dollars.
#24 Bassett Furniture Industries, Inc.
Employees: 1.6K
Revenue: 400M$
Website: https://www.bassettfurniture.com/
Description: Bassett Furniture Industries, Inc. is a leading company in the Furniture Retail industry. Headquartered in Bassett, Virginia, United States, the company was founded in 1902. With approximately 1.6 thousand employees, Bassett Furniture operates with a revenue of 400 million dollars. The company specializes in designing, manufacturing, and retailing a wide range of furniture products including bedroom, dining, living room, and home office furniture. Bassett Furniture is known for its high-quality craftsmanship, stylish designs, and personalized customer service. With a strong presence in North America, the company has an extensive network of retail stores, as well as an online platform, providing customers with a seamless shopping experience. Bassett Furniture continues to innovate and expand its product offerings, catering to the evolving needs and preferences of customers in the furniture retail industry.
#23 Pier 1 Imports, Inc.
Employees: 2.5K
Revenue: 450M$
Website: https://www.pier1.com/
Description: Pier 1 Imports, Inc. is a furniture retail company headquartered in Fort Worth, United States. The company was founded in 1962 and currently employs approximately 2.5 thousand people. With a revenue of 450 million dollars, Pier 1 Imports specializes in offering unique and eclectic furniture and home decor products to customers. Their website, https://www.pier1.com/, serves as a platform for customers to explore and purchase a wide range of furniture items, including chairs, tables, sofas, and decorative accessories. Pier 1 Imports aims to provide customers with stylish and affordable options to enhance their homes and create inviting living spaces.
#22 Steinhafels, Inc.
Employees: 2.5K
Revenue: 500M$
Website: https://www.steinhafels.com
Description: Steinhafels, Inc. is a leading furniture retailer based in Waukesha, United States. Since its founding in 1934, the company has been dedicated to providing high-quality furniture and exceptional customer service. With a team of approximately 2,500 employees, Steinhafels offers a wide range of furniture options, including living room, bedroom, dining room, and home office furniture, as well as mattresses and home decor. The company operates multiple retail locations across the United States and serves both residential and commercial customers. Steinhafels has established a strong reputation for its stylish and durable furniture designs, competitive pricing, and reliable delivery services. With an annual revenue of 500 million dollars, Steinhafels continues to be a trusted name in the furniture retail industry.
#21 Furniture Brands International, Inc.
Employees: 2K
Revenue: 500M$
Website: https://www.furniturebrands.com
Description: Furniture Brands International, Inc. is a leading company in the Furniture Retail industry. With its headquarters located in St. Louis, United States, the company has been operating since its founding in 1997. Employing around 2,000 employees, Furniture Brands International, Inc. generates an impressive revenue of 500 million dollars. The company specializes in designing, manufacturing, and selling a wide range of furniture products through various retail channels. With a strong focus on quality and innovation, Furniture Brands International, Inc. has established itself as a trusted and reputable brand in the furniture retail sector. Their website provides customers with a convenient platform to explore their extensive collection and make purchases online.
#20 Flexsteel Industries, Inc.
Employees: 3K
Revenue: 500M$
Website: https://www.flexsteel.com
Description: Flexsteel Industries, Inc. is a furniture retail company headquartered in Dubuque, United States. Founded in 1893, the company has a long history in the industry. With approximately 3,000 employees, Flexsteel Industries operates in the furniture retail sector, offering a wide range of products including sofas, chairs, tables, and bedroom furniture. The company focuses on providing high-quality, durable furniture to its customers. With annual revenue of 500 million dollars, Flexsteel Industries has established itself as a leading player in the furniture retail market, catering to both residential and commercial customers. Through its website and various retail outlets, Flexsteel Industries offers a seamless shopping experience for customers looking for stylish and functional furniture.
#19 Bernhardt Furniture Company
Employees: 2.5K
Revenue: 600M$
Website: https://www.bernhardt.com
Description: Bernhardt Furniture Company, based in Lenoir, United States, is a prominent player in the Furniture Retail industry. Founded in 1889, the company has a rich history of providing high-quality furniture to customers. With a workforce of approximately 2.5K employees, Bernhardt Furniture Company offers a diverse range of furniture products, including sofas, chairs, tables, beds, and cabinets. The company has established itself as a leader in the industry, known for its innovative designs and craftsmanship. Bernhardt Furniture Company operates its retail business through various channels, including its own website and physical stores. With an annual revenue of 600M$, the company continues to thrive and cater to the evolving needs of its customers in the furniture retail sector.
#18 Art Van Furniture
Employees: 3.5K
Revenue: 800M$
Website: https://www.artvan.com/
Description: Art Van Furniture is a leading furniture retailer headquartered in Warren, United States. With a history dating back to 1959, the company has established itself as a trusted name in the industry. Art Van Furniture operates numerous retail stores across North America, offering a wide range of furniture products to customers. The company prides itself on providing high-quality and stylish furniture options for every room of the home, including living room, bedroom, dining room, and outdoor spaces. With a team of approximately 3,500 employees, Art Van Furniture is dedicated to delivering exceptional customer service and helping individuals create beautiful and comfortable living spaces. In recent years, the company has achieved an annual revenue of around 800 million dollars, solidifying its position as a major player in the furniture retail industry.
#17 Ethan Allen Interiors Inc.
Employees: 5K
Revenue: 850M$
Website: https://www.ethanallen.com
Description: Ethan Allen Interiors Inc. is a leading furniture retail company based in Danbury, United States. Since its founding in 1932, the company has been providing high-quality furniture and home decor products to customers. With a workforce of around 5,000 employees, Ethan Allen Interiors Inc. operates numerous retail stores across North America, offering a wide range of furniture options for various rooms and styles. The company's revenue stands at approximately 850 million dollars, reflecting its strong presence and success in the furniture retail industry.
#16 Bob's Discount Furniture
Employees: 3K
Revenue: 900M$
Website: https://www.mybobs.com
Description: Bob's Discount Furniture is a leading player in the Furniture Retail industry in North America. Headquartered in Manchester, United States, the company was founded in 1991. With a workforce of approximately 3,000 employees, Bob's Discount Furniture operates a chain of retail stores offering quality furniture products at discounted prices. The company has established a strong presence in the market, catering to customers looking for affordable and stylish furniture options. Bob's Discount Furniture generates an impressive annual revenue of around 900 million dollars, solidifying its position as a key player in the industry.
#15 Haverty Furniture Companies, Inc.
Employees: 1.6K
Revenue: 1.2B$
Website: https://www.havertys.com
Description: Haverty Furniture Companies, Inc. is a leading furniture retailer based in Atlanta, United States. Established in 1885, the company has a rich history of providing high-quality furniture to customers. With its headquarters in Atlanta, Haverty operates numerous retail stores across North America. The company prides itself on offering a wide range of furniture options, including living room, bedroom, dining room, and home office furniture, as well as mattresses and home accessories. Haverty aims to create stylish and comfortable spaces for its customers, with a focus on exceptional craftsmanship and design. With a team of approximately 1.6K employees, Haverty generates an annual revenue of 1.2B$, making it a prominent player in the furniture retail industry.
#14 Furniture Row Companies
Employees: 5K
Revenue: 1.2B$
Website: https://www.furniturerow.com
Description: Furniture Row Companies, headquartered in Denver, United States, is a prominent player in the Furniture Retail industry. Established in 1974, the company has grown to employ approximately 5,000 employees. With an impressive revenue of 1.2 billion dollars, Furniture Row Companies offers a wide range of furniture products and accessories to customers across North America. Their commitment to high-quality craftsmanship, exceptional customer service, and competitive pricing has positioned them as a leading retailer in the industry. Through their website, customers can conveniently explore and purchase furniture for their homes, offices, and other spaces. Furniture Row Companies continues to expand its reach and deliver innovative furniture solutions to meet the diverse needs of its customers.
#13 American Signature, Inc.
Employees: 6K
Revenue: 1.2B$
Website: https://www.americansignaturefurniture.com/
Description: American Signature, Inc. is a prominent player in the Furniture Retail industry. Headquartered in Columbus, United States, the company has been in operation since 1948. With a workforce of approximately 6,000 employees, American Signature offers a wide range of furniture products to consumers across North America. The company has achieved significant success and generates an estimated annual revenue of 1.2 billion US dollars. American Signature is known for its commitment to providing high-quality furniture options and exceptional customer service, making it a trusted destination for individuals and families looking to furnish their homes. Through their website, customers can explore a vast selection of stylish and affordable furniture pieces to suit their unique tastes and preferences.
#12 Raymour & Flanigan Furniture
Employees: 10K
Revenue: 1.5B$
Website: https://www.raymourflanigan.com
Description: Raymour & Flanigan Furniture is a prominent player in the Furniture Retail industry. Headquartered in Liverpool, United States, the company was founded in 1947. With a workforce of approximately 10,000 employees, Raymour & Flanigan operates a vast network of retail locations across North America. The company specializes in offering a wide range of furniture products, including living room sets, bedroom sets, dining room sets, and home office furniture. Raymour & Flanigan is known for its high-quality furniture offerings, competitive pricing, and exceptional customer service. With an annual revenue of 1.5 billion dollars, the company has established itself as a leading retailer in the furniture industry.
#11 La-Z-Boy Incorporated
Employees: 8K
Revenue: 1.6B$
Website: https://www.la-z-boy.com
Description: La-Z-Boy Incorporated, based in Monroe, United States, is a leading player in the Furniture Retail industry. Since its founding in 1927, the company has grown to become a prominent name in the market. With approximately 8,000 employees, La-Z-Boy operates a vast network of retail stores, offering a wide range of furniture products to customers. The company's revenue stands at an impressive 1.6 billion dollars, reflecting its strong position in the industry. La-Z-Boy is known for its high-quality and comfortable furniture, including recliners, sofas, chairs, and more. With a focus on providing exceptional customer service, La-Z-Boy continues to innovate and expand its product offerings, solidifying its position as a leading furniture retailer.
#10 Serta Simmons Bedding, LLC
Employees: 11K
Revenue: 1.8B$
Website: https://www.sertasimmons.com/
Description: Serta Simmons Bedding, LLC, headquartered in Atlanta, United States, is a leading player in the Furniture Retail industry. Established in 2012, the company has grown to become a major manufacturer and distributor of mattresses and sleep products. With a workforce of approximately 11,000 employees, Serta Simmons Bedding operates numerous manufacturing facilities and retail locations across North America. The company's revenue stands at 1.8 billion dollars, reflecting its strong market presence and customer demand for its high-quality bedding products. Serta Simmons Bedding is renowned for its commitment to innovation and delivering superior comfort and support to customers, making it a trusted choice for a good night's sleep.
#9 Sleep Number Corporation
Employees: 4K
Revenue: 2B$
Website: https://www.sleepnumber.com/
Description: Sleep Number Corporation, headquartered in Minneapolis, United States, is a prominent player in the Furniture Retail industry. Since its establishment in 1987, the company has been dedicated to providing innovative sleep solutions to its customers. With a workforce of around 4,000 employees, Sleep Number operates numerous retail stores across the United States. The company offers a wide range of products, including adjustable beds, mattresses, bedding, and accessories, all designed to improve sleep quality and overall well-being. Sleep Number's revenue stands at an impressive 2 billion dollars, making it one of the leading companies in the industry. Through its commitment to personalized comfort and technology integration, Sleep Number continues to revolutionize the way people sleep and rest.
#8 Crate And Barrel Holdings, Inc.
Employees: 7K
Revenue: 2B$
Website: https://www.crateandbarrel.com
Description: Crate and Barrel Holdings, Inc. is a leading furniture retail company based in Chicago, United States. With its headquarters located in North America, the company was founded in 1962. Crate and Barrel Holdings, Inc. operates in the Furniture Retail industry, providing a wide range of home furniture and decor products. The company has approximately 7,000 employees, who contribute to its success in generating an annual revenue of 2 billion US dollars. With a strong online presence and a network of physical stores, Crate and Barrel offers stylish and high-quality furniture options for customers in the United States and beyond.
#7 Rooms To Go
Employees: 11K
Revenue: 2.5B$
Website: https://www.roomstogo.com/
Description: Rooms To Go is a leading furniture retail company headquartered in Seffner, United States. Established in 1990, the company has grown to become a major player in the industry. With over 11,000 employees, Rooms To Go offers a wide range of furniture products, including living room sets, bedroom sets, dining room sets, and more. The company operates numerous retail locations across the country, providing customers with stylish and affordable furniture options. Rooms To Go aims to provide a seamless shopping experience for its customers, offering convenient online shopping through its website. With annual revenues of 2.5 billion dollars, Rooms To Go continues to thrive in the competitive furniture retail market.
#6 RH (formerly Restoration Hardware)
Employees: 4.5K
Revenue: 2.5B$
Website: https://www.rh.com
Description: RH (formerly Restoration Hardware) is a prominent player in the Furniture Retail industry. Headquartered in Corte Madera, United States, RH operates primarily in North America. Founded in 1980, the company has grown to become a leading luxury home furnishings retailer. With approximately 4.5 thousand employees, RH offers a wide range of furniture, lighting, textiles, and decor items for various living spaces. The company's revenue stands at an impressive 2.5 billion dollars. RH is known for its high-end, innovative designs and commitment to quality craftsmanship, catering to affluent customers seeking elegant and timeless furniture pieces for their homes.
#5 Tempur Sealy International, Inc.
Employees: 7.5K
Revenue: 2.7B$
Website: https://www.tempursealy.com/
Description: Tempur Sealy International, Inc. is a leading player in the Furniture Retail industry, specifically in the manufacturing and distribution of mattresses and bedding products. Headquartered in Lexington, United States, the company was founded in 1992. With a workforce of approximately 7,500 employees, Tempur Sealy International operates across North America, Europe, Asia-Pacific, and Latin America. The company's revenue stands at 2.7 billion dollars. Tempur Sealy International is known for its innovative sleep technology, including its proprietary Tempur material, which provides personalized comfort and support. Through its extensive retail network and e-commerce platform, the company offers a wide range of mattresses, pillows, adjustable bases, and other sleep accessories, catering to the diverse needs and preferences of consumers worldwide.
#4 Ashley Furniture Industries, Inc.
Employees: 30K
Revenue: 4.7B$
Website: https://www.ashleyfurniture.com/
Description: Ashley Furniture Industries, Inc. is a leading player in the Furniture Retail industry. Based in Arcadia, United States, the company operates primarily in North America. Established in 1945, Ashley Furniture Industries has grown to become one of the largest furniture manufacturers and retailers in the world. With a workforce of approximately 30,000 employees, the company offers a wide range of furniture products, including sofas, beds, tables, and home decor items, catering to diverse customer preferences. Ashley Furniture Industries generates an impressive annual revenue of 4.7 billion dollars, showcasing its strong market presence and customer demand. With a focus on quality craftsmanship and affordable prices, Ashley Furniture Industries continues to be a trusted brand for customers seeking stylish and functional furniture solutions.
#3 Williams-Sonoma, Inc.
Employees: 12K
Revenue: 5B$
Website: https://www.williams-sonoma.com/
Description: Williams-Sonoma, Inc. is a leading retailer in the Furniture Retail industry. Based in San Francisco, United States, the company was founded in 1956. With approximately 12,000 employees, Williams-Sonoma operates a diverse portfolio of brands including Williams Sonoma, Pottery Barn, West Elm, and Rejuvenation. The company offers a wide range of high-quality furniture products, home decor, and kitchenware through its physical stores and online platform. Williams-Sonoma has established itself as a trusted name in the industry, catering to customers seeking stylish and functional furniture solutions for their homes. With annual revenue of 5 billion dollars, the company continues to innovate and provide exceptional customer experiences in the furniture retail market.
#2 Wayfair Inc.
Employees: 16K
Revenue: 14B$
Website: https://www.wayfair.com
Description: Wayfair Inc. is a leading player in the Furniture Retail industry. Headquartered in Boston, United States, Wayfair operates primarily in North America. Founded in 2002, the company has grown steadily to become a major online destination for furniture and home decor products. With a workforce of approximately 16,000 employees, Wayfair offers a wide range of furniture options to customers through its user-friendly website. The company's revenue stands at a remarkable 14 billion US dollars, a testament to its success in the competitive retail market. Wayfair continues to innovate and expand its product offerings, providing customers with a convenient and enjoyable shopping experience for all their furniture needs.
#1 IKEA
Employees: 211K
Revenue: 45B$
Website: https://www.ikea.com
Description: IKEA is a global leader in the furniture retail industry, operating in various countries around the world. With its headquarters located in Delft, Netherlands, IKEA has established itself as a prominent player in the market. Founded in 1943, the company has grown exponentially and currently employs approximately 211,000 people worldwide. IKEA offers a wide range of furniture products, including home furnishings, decor, and accessories, catering to the diverse needs and tastes of its customers. The company's commitment to affordability, quality, and sustainability has made it a popular choice among consumers. With an impressive revenue of 45 billion dollars, IKEA continues to innovate and expand its offerings, providing customers with stylish and functional furniture solutions.
Summary
The furniture retail industry has seen significant growth in recent years, with several companies standing out as industry leaders. These top companies have achieved impressive rankings and accomplishments, solidifying their positions in the market.
One unexpected finding is the increasing popularity of online furniture retailers. While traditional brick-and-mortar stores still dominate the industry, online retailers have gained traction and are attracting a significant portion of the market share.
Among the premier companies in the furniture retail sub-industry are IKEA, Ashley Furniture Industries, and Wayfair. These companies have established themselves as household names and have a strong presence both online and offline.
One shared element driving the success of these leading firms is their commitment to providing affordable yet stylish furniture options. They have mastered the art of balancing quality and price, making their products accessible to a wide range of consumers.
What sets these eminent companies apart from their industry rivals is their focus on customer experience. They have invested in creating user-friendly websites, offering virtual room design tools, and providing excellent customer service. Additionally, their ability to adapt to changing consumer preferences and trends has allowed them to stay ahead of the competition.