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Article: Specialty stores show strength.(Retailing Giants)
- Article from:
- Home Textiles Today
- Article date:
- January 31, 2004
- Author:
CopyrightCOPYRIGHT 2004 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- As the only retail channel showing an increase in market share in 2003--the latest year for which complete numbers are currently available--specialty stores continue their march to dominate the home textiles business.
The specially store channel increased its share by 2 percentage points, increasing its presence on 2004's Top 50 Retail Giants ranking from 22 to 24 percent.
In this channel, four of the Top 5 remained in place with Pottery Barn replacing Ikea in the No. 5 slot. Specialty stores among the Top 50 also saw their sales increase at the highest percentage level among the six channels--increasing 11.1 percent to $5,028.9 million in ...