Dec pillow deflate.(prices decrease)
Home Textiles Today, December, 2005 by Corral, Cecile B.
NEW YORK -- Decorative pillow suppliers have spent the past year fighting deteriorating price points and shrinking shelf space at retail. The once palatable $29.99 ticket, which regular and mid-tier department stores and specialty chains offered a few years ago for an embellished variety of decorative pillow, has dropped to the $19.99 to $24.99 range, with a stronger focus on the former.
"These retails are due to competitive pricing and retailer direct importing," said Bart Hill, general manager for the bath and textile division of Mohawk Home. "We're not selling less pillows--it has just shifted toward shrinking retails and promotional opportunities." The buoys keeping the industry at a healthy $750 million level in total sales have been the...
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