Swirling Housing Market and Flooding, Propel Spending on Furniture to Create Fastest Rise in Retail Sales in Four Years at FurnitureInFashion
(PRWEB UK) 14 February 2014 -- Housing industry and furniture industry have long been dependent on each other and are complementary to each other. Where rise in one promotes and propagates growth in the latter. This is what is happening in Britain now – surging housing market has fueled sales of furniture which has ultimately led to fastest rise in retail sales in few years.
Retail sector showed slow growth last year because of fragile consumer confidence. But 2014 started on a good note for the retail sector and most of the retailers are hoping that this trend will continue. Center for retail research has forecast-ed a growth of 3.4% in retail sector this year. A strong housing market is helping the furniture retailers to boost their sales. Furniture sales have seen the highest growth rate since April 2006.
Online shopping contributes to 17.4% of all retail spending in UK. This suggests that buying patterns have changed and consumers are now wont to shopping online due to the ease and wider range of choices available. All this has paved way for online furniture industry to thrive and grow. FurnitureInFashion, the online furniture store has reported huge increase in its sales over the four years and has emerged as a leading player in the furniture market in the UK.
Not only rising housing market, but bad weather also contributed to this high increase in retail sales. Dire weather conditions forced people to buy replacement furniture.
Recovery in housing market shows that consumer confidence is back and has stimulated the rise in sales of furniture too. Sales of all kinds of furniture, especially sofas and beds is increasing at a fast pace. The increase in employment rate and continued recovery of the housing market is prompting strong performances in furniture and non food items.
The amazing promotional activities and discounts are also luring people to retail sales. FurnitureInFashion is a rapidly growing company that is providing high quality products at affordable prices to its customers. The online furniture store prides itself in being classy and trendy furniture provider across UK and other countries in Europe. It is offering attractive discounts on its contemporary furniture and is also doling out free delivery to customer’s door steps.
With the increasing sales at FurnitureInFashion, employees are ecstatic and believe that this trend will continue for months to come in 2014. They believe that the improving economy and housing market will continue to make people shop for furniture. The online furniture house offers different collections of furniture, It has a wide array of products which helps customers get a variety to choose from. The quality is ensured from the very beginning as it works with suppliers who provide high quality raw materials.
To have a look at quality affordable furniture online and to place a pre-stock order, please visit the company website today at http://www.furnitureinfashion.net. The range of home and office furniture on the website is huge, delivery is fast, savings are massive and quality is guaranteed.
Luke Patel, FurnitureinFashion, http://www.furnitureinfashion.net, +44 1204 792700 Ext: 207, [email protected]
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