[Ranking] TOP 23 Home Furnishing Retail / Retail Companies Q3/2023
Intro
Home furnishing retail is a critical sub-industry within the larger retail sector, playing a vital role in the worldwide economy. As consumers seek to create comfortable and aesthetically pleasing living spaces, the demand for home furnishing products has grown exponentially.
The influence of the home furnishing retail industry extends far beyond the realm of interior design. It has a profound impact on various sectors, including manufacturing, construction, and real estate. The success and growth of this industry have a ripple effect, driving economic activity in related industries.
The economic magnitude of the home furnishing retail industry is significant and continues to grow. With rising disposable incomes and changing lifestyles, consumers are increasingly investing in their homes, driving the demand for home furnishing products. This trend is expected to continue, fueling the upward trajectory of the industry.
Recent trends in the home furnishing retail industry include the shift towards sustainable and eco-friendly products. Consumers are becoming more conscious of the environmental impact of their purchases and are seeking products that align with their values. Additionally, the industry has faced challenges due to the COVID-19 pandemic, with disruptions in supply chains and changes in consumer behavior.
The landscape of the home furnishing retail industry is constantly evolving. New technologies, changing consumer preferences, and market dynamics shape the industry's landscape. To thrive in this competitive environment, companies in the home furnishing retail sector need to adapt and innovate to meet the evolving needs of consumers.
Ranking
#23 Flexsteel Industries, Inc
Employees: 1.6K
Revenue: 400M$
Website: https://www.flexsteel.com
Description: Flexsteel Industries, Inc, headquartered in Dubuque, United States, is a leading company in the Home Furnishing Retail industry. Founded in 1893, Flexsteel operates with approximately 1.6 thousand employees. The company generates an estimated annual revenue of around 400 million USD. Flexsteel Industries specializes in manufacturing and distributing furniture products for residential and commercial customers. With a strong focus on quality and craftsmanship, Flexsteel offers a wide range of furniture options including sofas, chairs, tables, and more. Through its website and retail partners, Flexsteel reaches a global customer base, providing stylish and durable furniture solutions for homes and businesses.
#22 Pier 1 Imports, Inc
Employees: 2K
Revenue: 500M$
Website: https://www.pier1.com
Description: Pier 1 Imports, Inc is a leading home furnishing retail company headquartered in Fort Worth, United States. Founded in 1962, the company has a strong presence in North America and offers a wide range of unique and stylish furniture, decor, and accessories for the home. With approximately 2,000 employees, Pier 1 Imports is committed to providing high-quality products and exceptional customer service. The company's revenue is estimated to be around 500 million dollars. Pier 1 Imports continues to be a trusted destination for customers looking to create a personalized and inviting living space.
#21 Ethan Allen Interiors Inc
Employees: 5K
Revenue: 700M$
Website: https://www.ethanallen.com/
Description: Ethan Allen Interiors Inc is a leading home furnishing retail company headquartered in Danbury, United States. Founded in 1932, the company has established itself as a prominent player in the industry. With approximately 5,000 employees, Ethan Allen Interiors Inc operates a vast network of stores offering a wide range of high-quality furniture and home decor products. The company's revenue stands at around 700 million dollars, reflecting its strong market presence and customer demand. Ethan Allen Interiors Inc continues to innovate and provide customers with stylish and innovative solutions for their homes, making it a trusted name in the home furnishing retail industry.
#20 E-commerce China Dangdang Inc
Employees: 15K
Revenue: 800M$
Website: https://www.dangdang.com
Description: E-commerce China Dangdang Inc is a home furnishing retail company based in Beijing, China. Founded in 1999, the company has grown to become one of the leading players in the industry. With a workforce of approximately 15,000 employees, Dangdang operates an online platform that offers a wide range of home furnishing products to its customers. The company's website serves as a one-stop destination for shoppers looking to purchase furniture, decor, and other home-related items. Dangdang generates an estimated revenue of 800 million dollars, showcasing its strong presence in the market. With its headquarters in Beijing, the company continues to expand its reach and cater to the growing demand for home furnishing products in China.
#19 The Container Store Group, Inc
Employees: 6K
Revenue: 1B$
Website: https://www.containerstore.com
Description: The Container Store Group, Inc, headquartered in Coppell, United States, is a prominent player in the Home Furnishing Retail industry. Since its establishment in 1978, the company has been dedicated to providing innovative and functional solutions for organizing and storage needs. With approximately 6,000 employees, The Container Store offers a wide range of products including storage containers, closet systems, shelving, and office supplies. The company has experienced significant success and has generated around 1 billion dollars in revenue. Known for its exceptional customer service, The Container Store continues to be a top choice for individuals seeking organization solutions for their homes and offices.
#18 Kirkland's, Inc
Employees: 10K
Revenue: 1B$
Website: https://www.kirklands.com/
Description: Kirkland's, Inc. is a leading home furnishing retail company headquartered in Nashville, United States. Founded in 1966, the company has established itself as a prominent player in the retail industry. With approximately 10,000 employees, Kirkland's operates a vast network of stores across North America, offering a wide range of stylish and affordable home decor, furniture, and accessories. The company's dedication to providing customers with unique and on-trend products has contributed to its success in generating annual revenues of around 1 billion dollars. Kirkland's commitment to exceptional customer service and a diverse product selection has made it a go-to destination for home decor enthusiasts.
#17 Haverty Furniture Companies, Inc
Employees: 4.5K
Revenue: 1.1B$
Website: https://www.havertys.com
Description: Haverty Furniture Companies, Inc, headquartered in Atlanta, United States, is a leading player in the Home Furnishing Retail industry. Founded in 1885, the company has a rich heritage in offering high-quality furniture and accessories to customers. With approximately 4,500 employees, Haverty Furniture operates a chain of retail stores across North America, providing a diverse range of products for living rooms, bedrooms, dining rooms, and home offices. The company's website offers a convenient platform for customers to explore their extensive catalog and make purchases online. With an annual revenue of 1.1 billion dollars, Haverty Furniture has established itself as a prominent name in the industry, focusing on delivering stylish and functional furniture solutions to enhance customers' homes.
#16 At Home Group Inc
Employees: 4.7K
Revenue: 1.2B$
Website: https://www.athome.com
Description: At Home Group Inc is a leading home furnishing retail company based in Plano, United States. Since its founding in 1979, the company has grown to become a prominent player in the retail industry, specializing in offering a wide range of home decor and furniture products. With a workforce of approximately 4.7 thousand employees, At Home Group Inc operates numerous stores across North America, providing customers with a diverse selection of affordable and stylish home furnishing options. The company's website, https://www.athome.com, serves as a convenient platform for customers to explore and purchase products from the comfort of their homes. With an annual revenue of 1.2 billion dollars, At Home Group Inc continues to expand its presence and solidify its position as a key player in the home furnishing retail market.
#15 Conn's, Inc
Employees: 4.5K
Revenue: 1.5B$
Website: https://www.conns.com
Description: Conn's, Inc is a home furnishing retail company based in The Woodlands, United States. Founded in 1890, the company has grown to become a leading player in the industry. With a workforce of approximately 4,500 employees, Conn's operates a chain of retail stores offering a wide range of home furnishing products to its customers. The company's revenue stands at around 1.5 billion US dollars, reflecting its strong presence in the market. Conn's commitment to providing quality products and excellent customer service has contributed to its success in the home furnishing retail industry.
#14 Sleep Number Corporation
Employees: 4.5K
Revenue: 1.7B$
Website: https://www.sleepnumber.com
Description: Sleep Number Corporation, headquartered in Minneapolis, United States, is a leading player in the Home Furnishing Retail industry. Founded in 1987, the company operates with approximately 4.5 thousand employees. Sleep Number Corporation specializes in providing innovative sleep solutions, offering a range of smart beds, mattresses, and sleep accessories. With its unique Sleep Number technology, the company allows customers to adjust the firmness and support of their beds to their individual preferences. Through its retail stores, e-commerce platform, and direct sales channels, Sleep Number Corporation generates an estimated annual revenue of 1.7 billion dollars.
#13 La-Z-Boy Incorporated
Employees: 8.5K
Revenue: 1.8B$
Website: https://www.la-z-boy.com/
Description: La-Z-Boy Incorporated, headquartered in Monroe, United States, is a leading player in the Home Furnishing Retail industry. Founded in 1927, the company has established itself as a trusted name in the market. With a workforce of approximately 8,500 employees, La-Z-Boy operates a successful business that offers a wide range of home furnishing products. The company's revenue stands at around 1.8 billion dollars, reflecting its strong presence and customer base. La-Z-Boy is committed to providing comfortable and stylish furniture solutions to enhance the living spaces of its customers.
#12 RH (formerly Restoration Hardware Holdings, Inc)
Employees: 5.9K
Revenue: 2.5B$
Website: https://www.rh.com
Description: RH, formerly known as Restoration Hardware, operates in the Home Furnishing Retail industry. Headquartered in Corte Madera, United States, RH is a leading luxury brand in the home furnishings market. The company was founded in 1980 and has grown to employ approximately 5.9 thousand employees. With a revenue of 2.5 billion dollars, RH offers a wide range of high-quality furniture, lighting, textiles, and décor products for residential and commercial spaces. Their products are known for their timeless design, craftsmanship, and attention to detail. RH operates through a multi-channel platform that includes their website, catalog, and retail stores across North America.
#11 Herman Miller, Inc
Employees: 8.5K
Revenue: 2.5B$
Website: https://www.hermanmiller.com/
Description: Herman Miller, Inc is a leading company in the Home Furnishing Retail industry. Headquartered in Zeeland, United States, the company was founded in 1905. With a workforce of approximately 8,500 employees, Herman Miller focuses on designing, manufacturing, and selling furniture and related products for residential and commercial use. The company is renowned for its innovative and ergonomic designs, aiming to provide customers with comfortable and functional solutions for their living and working spaces. Herman Miller offers a wide range of products including seating, tables, storage systems, and accessories, catering to the diverse needs and preferences of its customers. With an annual revenue of around 2.5 billion dollars, Herman Miller continues to be a prominent player in the Home Furnishing Retail industry, delivering high-quality and sustainable furniture solutions to customers worldwide.
#10 Rent-A-Center Inc
Employees: 18K
Revenue: 3.2B$
Website: https://www.rentacenter.com
Description: Rent-A-Center Inc. is a leading company in the Home Furnishing Retail industry. Headquartered in Plano, United States, the company was founded in 1986. With a workforce of approximately 18,000 employees, Rent-A-Center operates a chain of rent-to-own stores offering furniture, appliances, electronics, and computers. The company provides flexible payment options and hassle-free rental services, allowing customers to enjoy the convenience of home furnishings without the burden of ownership. Rent-A-Center's revenue for the latest fiscal year amounted to 3.2 billion US dollars. With its extensive network of stores and commitment to customer satisfaction, Rent-A-Center continues to be a prominent player in the Home Furnishing Retail industry.
#9 Tempur Sealy International, Inc
Employees: 8.4K
Revenue: 3.5B$
Website: https://www.tempursealy.com/
Description: Tempur Sealy International, Inc is a leading company in the Home Furnishing Retail industry. Headquartered in Lexington, United States, the company was founded in 1992. With a workforce of approximately 8,400 employees, Tempur Sealy International, Inc generates an estimated annual revenue of 3.5 billion dollars. The company is known for its high-quality mattresses, pillows, and other sleep products. They operate through various brands, including Tempur-Pedic, Sealy, and Stearns & Foster, offering a wide range of products to cater to different customer preferences. With their commitment to innovation and customer satisfaction, Tempur Sealy International, Inc has established itself as a trusted and reliable name in the home furnishing retail industry.
#8 Aaron's, Inc
Employees: 10K
Revenue: 4B$
Website: https://www.aarons.com
Description: Aaron's, Inc is a leading company in the Home Furnishing Retail industry. Headquartered in Atlanta, United States, the company was founded in 1955. With a workforce of approximately 10,000 employees, Aaron's operates a vast network of retail stores that offer a wide range of home furnishing products. The company specializes in providing lease-to-own options for furniture, electronics, appliances, and accessories, catering to customers who prefer flexible payment plans. Aaron's has established itself as a trusted brand in the industry, offering high-quality products and exceptional customer service. With annual revenues reaching 4 billion dollars, the company continues to expand its presence and maintain a strong position in the competitive retail market.
#7 Williams-Sonoma, Inc
Employees: 15K
Revenue: 5B$
Website: https://www.williams-sonoma.com/
Description: Williams-Sonoma, Inc is a leading home furnishing retail company headquartered in San Francisco, United States. Founded in 1956, the company operates in the Retail industry, specifically focusing on home furnishing products. With a workforce of approximately 15,000 employees, Williams-Sonoma, Inc generates an annual revenue of around 5 billion dollars. The company offers a wide range of high-quality furniture, kitchenware, cookware, home decor, and other household items through its website and physical stores. Williams-Sonoma, Inc is known for its premium products, exceptional customer service, and commitment to quality. With a strong presence in the home furnishing retail market, the company continues to expand its offerings and enhance the shopping experience for its customers.
#6 OfficeMax Incorporated
Employees: 38K
Revenue: 11B$
Website: https://www.officedepot.com/
Description: OfficeMax Incorporated is a prominent player in the Home Furnishing Retail industry. With its headquarters located in Naperville, United States, the company operates primarily in North America. Founded in 1988, OfficeMax has grown to become a leading retailer in the industry. The company employs approximately 38,000 individuals globally, catering to the needs of its customers. OfficeMax generates substantial revenue, with an estimated annual revenue of 11 billion US dollars. With a strong online presence and a wide range of products, OfficeMax continues to serve as a reliable source for home furnishing needs.
#5 Office Depot, Inc
Employees: 40K
Revenue: 11B$
Website: https://www.officedepot.com/
Description: Office Depot, Inc. is a leading home furnishing retail company based in Boca Raton, United States. With its headquarters in North America, Office Depot specializes in providing a wide range of office supplies, technology products, and furniture for home and business use. Since its founding in 1986, the company has grown significantly and currently employs approximately 40,000 people globally. Office Depot generates an annual revenue of around 11 billion dollars, catering to the needs of customers across the United States and beyond. With a user-friendly website and an extensive network of retail stores, Office Depot continues to be a trusted destination for individuals and businesses seeking quality home furnishing solutions.
#4 Wayfair Inc
Employees: 16K
Revenue: 12B$
Website: https://www.wayfair.com
Description: Wayfair Inc is a leading home furnishing retailer based in Boston, United States. Founded in 2002, the company has established itself as a prominent player in the retail industry. With a workforce of approximately 16,000 employees, Wayfair offers a wide range of furniture, decor, and home improvement products through its e-commerce platform. The company has achieved significant success and growth, generating an estimated revenue of 12 billion dollars. Wayfair's website provides customers with a seamless shopping experience, allowing them to browse and purchase high-quality products for their homes. With its headquarters in Boston, Wayfair continues to innovate and expand its offerings, catering to the evolving needs and preferences of consumers in the home furnishing sector.
#3 Bed Bath & Beyond Inc
Employees: 50K
Revenue: 12B$
Website: https://www.bedbathandbeyond.com/
Description: Bed Bath & Beyond Inc, based in Union, United States, operates in the Home Furnishing Retail industry. Founded in 1971, the company has grown to employ approximately 50,000 employees. With annual revenue of 12 billion dollars, Bed Bath & Beyond offers a wide range of products including bedding, bath towels, kitchen appliances, home decor, and furniture. The company has established a strong online presence through its website, providing customers with convenient online shopping options. They focus on providing quality products and exceptional customer service, catering to the needs of homeowners and renters alike. Bed Bath & Beyond continues to be a leading retailer in the home furnishing industry, offering a diverse selection of products to enhance and personalize living spaces.
#2 Steinhoff International Holdings N.V.
Employees: 130K
Revenue: 20B$
Website: https://www.steinhoffinternational.com/
Description: Steinhoff International Holdings N.V. is a leading company in the Home Furnishing Retail industry. Headquartered in Amsterdam, Netherlands, the company was founded in 1964. With a workforce of approximately 130,000 employees, Steinhoff operates globally, offering a wide range of home furnishing products to customers. The company's revenue stands at a staggering 20 billion US dollars, making it a major player in the retail industry. Steinhoff is known for its commitment to providing quality and stylish home furnishing solutions, catering to different tastes and budgets. Through its various brands and retail chains, Steinhoff continues to innovate and expand its offerings, maintaining its position as a key player in the Home Furnishing Retail industry.
#1 Staples, Inc
Employees: 70K
Revenue: 25B$
Website: https://www.staples.com
Description: Staples, Inc is a leading retailer in the home furnishing industry, headquartered in Framingham, United States. The company was founded in 1986 and currently employs approximately 70,000 people. With an annual revenue of 25 billion dollars, Staples offers a wide range of home furnishing products, including furniture, decor, bedding, and appliances. Their extensive selection caters to various styles and budgets, ensuring customers find the perfect items to create their dream home. Staples operates both online and offline, providing customers with a seamless shopping experience. Through their user-friendly website, customers can explore the latest trends, access expert advice, and conveniently purchase products for delivery or in-store pickup. With their commitment to quality, affordability, and customer satisfaction, Staples has established itself as a trusted destination for home furnishing needs.
Summary
The home furnishing retail sub-industry is experiencing significant growth and competition, with several leading companies emerging as key players in the market. These companies have achieved impressive rankings and notable accomplishments in terms of revenue, market share, and customer satisfaction.
One unexpected finding is the increasing popularity of online home furnishing retailers, which have disrupted the traditional brick-and-mortar model. These online retailers have leveraged technology and innovative marketing strategies to attract customers and gain a competitive edge.
Among the premier companies in the home furnishing retail sub-industry are ABC Home, IKEA, Williams-Sonoma, Bed Bath & Beyond, and Wayfair. These companies have established themselves as household names and have a strong presence in the market.
One shared element among these leading firms is their focus on providing a wide range of high-quality products that cater to various customer preferences and budgets. They also prioritize exceptional customer service and offer convenient shopping experiences, whether through their physical stores or online platforms.
What sets these eminent companies apart from their industry rivals is their commitment to sustainability and ethical practices. They prioritize environmentally-friendly materials and manufacturing processes, as well as fair labor practices. This resonates with consumers who are increasingly conscious of the impact their purchases have on the environment and society.