Rebound Seen in Furniture Sales
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HIGH POINT, N.C. — For many U.S. furniture retailers, 1991 was a year to forget.
“It was pathetic,” said James Koch, owner of a suburban Milwaukee store.
But Koch’s business, like that of other retailers, is beginning to pick up as consumers return to stores to make long-delayed purchases of furniture and other high-priced items for their homes.
“Things are turning around to some degree,” Koch said. “But people are still unsure about what’s going to happen in the economy.”
Koch was in High Point last week for the International Home Furnishings Market, a big furniture industry trade show where retailers buy merchandise from some 1,600 manufacturers.
Cautious optimism is perhaps the best way to describe the mood of buyers at the show, which attracts 65,000 visitors to this city in the heart of North Carolina’s furniture country.
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