All posts by Jennifer Caminiti

Pardon Our Dust

December 2018
The Grafitti Walls at the Arlington Design Center 2018

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.

March 14, 2019
Two become one! The doors you see in the back middle is the “old” entrance to the warehouse from the hallway. The opening on the left is the walkway from the old furniture showroom to the warehouse. You can now see that the furniture and lighting showrooms are all one cohesive space.

New Year Cheer

Consumer confidence, low unemployment, and housing demand expected to fuel sales in 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.”

US Consumer Confidence Index, Sept 2017 – Sept 2018

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.

Grand Re-Opening in Denver

Thanks to all who attended our Grand Re-opening at
The Denver Design District On Thursday, Sept 27th.

 

Guests were greeted with a welcome cocktail of champagne, wine and specialty cocktail custom created by our amazing mixologist Courtney Flynn.

 

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. 

 

Click Here to view all photos from our Grand Re-Opening. Feel free to contact our Denver Showroom with any questions on our latest expansion or product lines.

A Very GRAND Re-Opening

Thanks to all who attended our Grand Re-opening at
The Merchandise Mart Chicago On Thursday, Sept 20th.

 

Guests were greeted with live music by Moeller Music – guitar and cello duo playing popular songs with a cocktail vibe.moeller music

 

L: Steven Siedlecki shares a hug with Haley Pearson of JP Interiors R: Mark Robinson & Ruthie Stebbins of RHS Interiors & Design with Haley Pearson

L: Pipa Bradbury of Pipa Bradbury Design with Renne DiSanto & Christina Samatas of Park & Oak R: Kristen Olsen of David Olsen Design with her husband

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.

 

L to R: Philip Chavez, Roberta Honquest, Joe Caminiti, Glen Kaplan

Click Here to view all photos from our Grand Re-Opening. Feel free to contact our Chicago Showroom with any questions on our latest expansion or product lines.