A recent report published by the Scottish Retail Consortium (SRC) shows that despite a very difficult financial year, the home furniture industry is still surviving.
According to the SRC analysis for April 2010, most home furniture industries suffered due to the after-effects of the recession. Although sales figures and consumer buying trends varied considerably from store to store, overall the report suggests that shoppers were still buying essential items like beds, as well as furniture and equipment for kitchens and bathrooms.

The report says:
“Consumers, uncertain about their income and job prospects, remained very price-conscious, shopping for essentials but putting off discretionary purchases.”
The SRC believes that sales of kitchen, bathroom and bedroom furniture were supported by a spate of promotions for Easter, as well as numerous delivery deals. The SRC study also found that some businesses ‘noted good interest’ in new, modern furniture as well as floor coverings.
Not so successful during April, however, was the garden furniture industry. As well as the consumer view of garden furniture as non-essential, the SRC also attributes this poor performance and very slow start for garden furniture to the spells of poor weather experienced last month.

If your having a slow start to the year and are in debt please contact us and see if we can help you become debt free.