Click here for details and information on the Sparta Chandelier
Linda can be contacted at (480) 565-3775 x6931 or by email at email@example.com
If you have been in the Arlington Design Center, you have seen our Grafitti Walls become more consumed with inside jokes, inspirational quotes, images and words of wisdom. We are happy to announce that construction has begun!
Through the next couple months we will keep you posted as we move our mobile showroom around the construction site. We will be open during construction so please follow the building signs to guide you to our helpful staff. Currently we are in the warehouse space waiting to answer any questions you may have.
Follow our blog to watch the progression take place! Cheers to 2019!
Industry analyst Jerry Epperson thinks that the current spate of hot, heavy, and sometimes hateful political news is drowning out good tidings about our economy. “Yes, we should be concerned that Sears filed for bankruptcy, and about the tariff negotiations with China, but, economically, there are no bad stats,” he said during his Fall Market State of the Industry session.
Epperson, Managing Director of Mann, Armistead & Epperson, Ltd. regaled his standing room only audience of industry leaders with evidence of real economic progress. “We have strong numbers across a range of indicators like housing turnover, disposable income, debt levels, inflation, and mortgage rates. Consumer confidence is at an 18-year high, unemployment is at a 14-year low, and we’ve had consistent industry growth over the past several years.”
Ken Smith, former managing partner of Smith Leonard, a High Point accounting and consulting firm, and author of the Furniture Insights® newsletter, concurred with Epperson’s optimistic view in the Executive Summary of his October issue. “New orders in August 2018 increased 9% over new orders reported in August 2017. August 2017 orders were up only 1% over August 2016 orders. The 9% increase in August followed three consecutive months of 5% increases reported.
High consumer confidence levels spur purchasing activity according to Epperson, as does the increase in consumer wealth, which has grown since the recession from $54 trillion to a record $96 trillion. He attributes this gain to home prices, the stock market and less personal debt. His bullish outlook is bolstered by the fact that corporate America is experiencing its best decade since the peak in the 90’s, investing in equipment, technology, and facilities, with over $2 trillion in cash accumulated. “Banks are healthy and lending, plus we have new consumer credit sources, often funded by private equity, giving retailers more ways to finance our customers,” he said.
Epperson’s most compelling reason for being upbeat about 2019 and beyond is the irrefutable shift in US demographics. 83 million Millennials (now 19-37 years old) are buying and will continue to purchase furniture and mattresses, with their potential for spending in this category increasing annually until 2034. Their proportion of spending changes with their age and income. When today’s 25-34-year-old households move into the 35-44 age group, their share of all pretax income will grow from 15.7% to 21.0% and their share of furniture spending will grow from 17.9% to 21.5%. It will also increase when they move into the 45-54 age sector.
Audience member Roger Hancock, owner of Town and Country Furniture near Buffalo, New York, agreed with Epperson’s positive outlook. “We experienced a sales increase of 425% from November 2015 to November 2016, as a direct result of offering motion seating to our customers. Last year’s sales were 51% ahead of that record year. September 2018 sales were three times ahead of last September. These gains are the result of the economy, consumer confidence, and the aging of our consumer base. We’re confident this trend is going to continue for many years to come.”
Jerry Epperson’s Industry Outlook is held at 9am Sunday morning at Market, in the Retailer Resource Center. Check the Home Furnishings Association exhibitor profile mid February for a complete list of seminars and networking opportunities.
Click here for details and information on the President’s Chair
While enjoying passed hors d’oeuvres by Footers Catering,
designers and vendors mingled throughout our relocated and expanded showroom including a lighting boutique, dedicated designer library, and many new product selections.
Special Thanks to our C.A.I. Designs corporate team and Denver Showroom Staff for making our new showroom a reality.
Guests were greeted with live music by Moeller Music – guitar and cello duo playing popular songs with a cocktail vibe.
While enjoying passed hors d’oeuvres by Catering by Michaels,
designers and vendors mingled throughout our newly renovated and expanded showroom including a lighting boutique, dedicated designer library and many new product selections.
Special Thanks to our C.A.I. Designs corporate team for making our expanded showroom a reality. Owner Joe Caminiti made a toast to Creative Director, Philip Chavez for all of his efforts. Our Denver Showroom will be hosting their Grand Opening as well on Thursday, September 27th.
Kevin can be contacted at (303) 282-8100 x6971 or by email at firstname.lastname@example.org
Christina can be contacted at (847) 590-9835 x6783 or by email at email@example.com
What is your past work experience/education?
I fell into a job as a visual merchandiser at a lighting store when I was 19 years old. I have since spent over 20 years in the retail lighting industry, and am an ALA certified Lighting Specialist. I truly love lighting and interior design.
Where were you raised?
I grew up in sunny San Diego, CA and moved to sunnier Phoenix, AZ 26 years ago.
What is your most rewarding project, and why?
I think the first time I did a lighting plan from top to bottom was the most rewarding project that I worked on. It was amazing to see something I dreamed up become a reality.
How would you characterize your design style?
My design style is casual, organic, and whimsical.
In your experience working with C.A.I. Designs thus far, what is/are some of your favorite product lines and why?
I love Hubbardton Forge’s contemporary chandeliers and am drawn to many of the fixtures from Curry and Company as well.
What is your favorite color?
Green, any shade!
What do you like to do in your spare time?
I like to watch movies, read, listen to music, play tennis and jump out of airplanes. Okay, not the last one.
What is your favorite food?
Pizza. And ice cream. And birthday cake.
Where do you draw your inspiration from? Is there anything you do to get inspired when you hit a slump?
I am inspired by my beautiful surroundings here in the CAI Scottsdale showroom! When I hit a slump, I take a moment to be grateful for where I am and attack the project with renewed energy.
Any last words for us you’d like to share?
I am thrilled to be part of the CAI family. I have never felt so welcomed in my life! I look forward to learning the business and pulling my weight as a team player.
Linda can be reached at the Scottsdale C.A.I. Designs Showroom at firstname.lastname@example.org or by phone at (480) 565-3775 x6931