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Article: Garden Ridge: the Depot for Mom.
- Article from:
- Home Textiles Today
- Article date:
- September 29, 2008
CopyrightCOPYRIGHT 2008 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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By Jennifer Marks
New York -The phrase 'category killer' isn't much used these days, but it's a label Garden Ridge ceo Tom Kibarian embraced last week as he described the company's goal to become the leading 'home decor category killer in the United States.'
Garden Ridge currently generates revenue of about $500 million from 43 stores in the South and Midwest. Kibarian, speaking at the Financo 40th annual Investor Equity Conference, said the company sees potential to grow into a $5 billion to $10 billion chain that dominates home decor retailing.
'Home Depot is to Dad and professional contractors as Garden Ridge is to Mom and interior ...