tailieunhanh - THE AMERICAN FURNITURE INTRUSTRY: WHAT WILL IT TAKE TO SURVIVE?

After allowing your wood piece to completely dry after staining, lightly spray Sanding Sealer, using back and forth movements. This application will ensure sealing the colour exactly the way you want it before the final application of lacquer or oil. It is important to move the spray can continuously while spraying or runs will occur! Keep the spray can in continual motion. Rather that one heavy coat, apply two lighter coats. (If sealer dries white, do not worry, the next lacquer step will correct it.) Once the sanding sealer is dry (5 – 10 minutes), use a very fine. | The American Furniture Industry What Will It Take to Survive AN ABTV INDUSTRY WATCH REPORT SEPTEMBER 2009 ANDERSON BAUMAN TOURTELLOT VOS GREENSBORO CHARLOTTE ATLANTA JACKSONVILLE CORPORATE HEADQUARTERS 230 North Elm St. Suite 1650 Greensboro NC 27402 p. Anderson Bauman Tourtellot Vos Co An ABTVIndustry Watch Report The American Furniture Industry What Will It Take to Survive The first decade of the 21st century has not been kind to the American furniture industry. Having experienced the Asian Invasion which rapidly eliminated nearly all domestic wood production and disrupted upholstery production the industry is now facing a severe economic slowdown with incoming orders 20 to 40 percent below normal levels. The combined impact of the competitive off-shore onslaught and the domestic economic meltdown has put unbearable pressure on all furniture players without exception. Industry leaders Ethan Allen La-Z-Boy and Furniture Brands have watched helplessly as already slim profits turned into robust losses and stock prices plummeted. Industry niche players even the best of the lot have scrambled to cut costs shut down plants and abandon marketing programs. Bankruptcies and orderly liquidations have been numerous especially in the retail sector and many more are yet to come. Typically it takes time to bury a furniture company for no matter how mortally wounded it may be the liquidation of assets keeps it afloat longer than expected. There is no rising tide to save the fleet. The aggregate demand for furniture is shrinking and the traditional channel of distribution is following in its path. Assuming the economy turns and that order levels improve the survivors will face far less competition than before and may well have some interesting opportunities. During the near-catastrophic period from 2002 to the present virtually all aspects of the industry have changed so it will take new strategies and tactics to cope with the emerging structure. There