Furniture Industries Store Analysis

Guillermo Furniture Store AnalysisGuillermo SWOT Analysis company profile is the essential source for top-level company data and information. Ashley Furniture Industries, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy. Navallez has made furniture for years in Sonora, a city located in Mexico. The area had a good supply of timber for the production. In the 1990s new competitor from overseas entered the market, using a high-tech mechanism providing the same products with low prices, on the other side one of the largest retailers has come to the city, and a sudden arrival of a large number of people created a plenty of new jobs raising the labor of costs substantially. All these factors affected Guillermo’s profit margins, which prices fell and cost rose (Guillermo Scenario, 2009, p1.)All companies are in business not just to break even, but also to make the maximum profit out of the business. To obtain the best results in the Guillermo store case, various analyses has to be done before start making decisions. The first step will be taken by studying the different alternatives available to Guillermo. Those alternatives are 1) continue working with the current store setup, 2) implement a highly automated machines using high-tech setup, or 3) working as a broker or a distributor to one of the big competitors in the furniture market which is looking for channels to distribute in North America.According to the Dictionary of Accounting “Sensitivity analysis is a form of analysis used in approaches to business problems, in which possible changes to the variables are subjected to the decision-making technique to examine the range of possible outcomes and to determine the sensitivity of the projected results to these changes” (Oxford University Press, 1999.) Therefore, this analysis will be done to the preceding setups available to Mr. Guillermo to compare the possible outcomes of each of the alternatives.Furniture Industries (Ashley) is a furniture manufacturing company. The company’s products include a broad assortment of furniture for living rooms, dining rooms, bedroom, entertainment center, home office, children’s room and related home accessories. The company operates in the US, Canada, Mexico, Central America, and Japan. It is headquartered in Arcadia, Wisconsin and employs about 16,300 people. Ashley is a privately held company and has not released its annual report. Therefore, its financial details are not available.The Current setupThe current running setup in Guillermo is producing the furniture using human labor for both the mid-grade and the high-end type of furniture. The average labor cost is about $15 per hour, and the labor time is about

Furniture Stores industry..

This industry has to contend with intense competition from department stores, mass merchandisers and online retailers, while also facing opposition to innovation in the form of knock-offs. Since furniture manufacturing is highly globalized, foreign producers have been able to replicate popular designs and produce them for a cheaper price before entering the U.S. market.In-depth industry market research presented in a logical and consistent format. IBISWorld market research reports present industry information from all angles, quoting only true market statistics for trend analysis. Major market segments are identified, as well as forces affecting demand and supply within the industry. Performance analysis includes emerging industry trends, as well as recent results and performance of each key company. Drawing on this depth of information, IBISWorld provides 5 year forecasts for each industry. IBISWorld is the FIRST research firm to offer key statistics and in-depth analysis on every sector of the US economy.Our industry research reports feature 25-50 revealing pages, including market size, market share, segmentation of products and services, business insights, market trends, a 5 year industry forecast, and much more! All offered in an easy-to-use, online format.Why do it The Furniture Stores Industry report, published annually by Barnes Reports, contains timely and accurate industry statistics, forecasts and demographics. The report features 2010 current and 2011 forecast estimates on the size of the industry (sales, establishments, employment) for the 47 largest world countries, such as Japan, China, India, Russia, Canada, Mexico, Brazil, Argentina, UK, France, Germany, Italy and U.S.. The report also includes industry definition, 5-year historical trends on industry sales, establishments and employment and estimates on up to 10 sub-industries,yourself? A few minutes with an IBISWorld industry profile is worth weeks of in-house market research. Knowledge is power... become an industry "expert" today! Including 33 pages of insights covering industry conditions, key statistics, competitor analysis and market share, product and customer segmentation and a 5 year forecast.

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The 2010 Trendology report on the U.S. Furniture Stores industry characterizes the industry in three descriptive methods: qualitative analysis, quantitative data and lists of major industry players. The written analysis includes financial issues, technology issues, human resources issues, supplier issues, consumer issues, government regulations, global factors, major industry news highlights, major earnings and profit reports, major mergers and acquisitions, and our exclusive industry SWOT analysis (industry internal strengths, internal weaknesses, external opportunities and external threats). Along with the trend analysis, quantitative data includes five-year trends (2007-2011) on number of establishments, industry and number of employees. This data is developed through Trendology's economic model using regression analysis based on historical industry trend data. Forecasts are available for 2011. Quantitative data for current year 2010 is provided for the U.S., 50 U.S. states, and 900 metro areas. The report also lists up to ten of the industry's major players, their current sales and stock symbol (for public companies). Color charts and graphs run throughout the report to highlight trends and are ready for presentations and displays. Links to Internet sources in the report are useful for additional research and data gathering.