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Retail spending up.

BUSINESS Retail fixtures, P.O.P. displays and surrounding store or restaurant interiors are the focus of this woodworking segment. The store environment is an extension of retail branding, so architectural millwork and store fixture firms serving these clients require scale in production and reach in logistics, delivery and installation.

Tied to consumer spending, the retail business forecast is upbeat. "After a burst of activity in 2012, the pace of growth in commercial construction has slowed, but we are of the opinion that this market will not go negative in 2014," says A.R.E. consulting economist Dr. Jeff Dietrich, Institute for Trend Research "Coming into the upside of the business cycle in 2015, we expect consumers as well as businesses will be well positioned to earn, save, spend, and ultimately propel the U.S. economy into another period of economic growth."

DESIGN Textured, natural surfaces, LED lighting, colorful slatwall and mixing of materials are among the trends seen at the recent GlobalShop show.

--Major Players--

LEGGETT & PLATT

IDX CORP.

L.A. DARLING CO.

COLONY DISPLAY

ARTITALIA GROUP

PRODUCT LINES:

Display Cabinets & Cashwraps

P.O.P. & Full Store Interiors

Kiosks, Endcaps, Floors

Furniture & Fixtures

Slatwall & Systems

Design & Install

QUICK STATS:

* Sales projected to rise 10% year-over-year.

* 61% retailers plan to purchase fixtures & displays in 2014.

* 59% of manufacturers expect 2014 profits to grow

Sources: Association for Retail Environments (A.R.E.) * Institute for Trend Research

$3.77 sf is the typical looring cost for specialty apparel stores. The average floor $2.76 sf.

Sustainable/green projects are now the norm, not exception for retail fixture environments.

For fast turnaround, many fixture firms partner with local millwork shops for parts and installation.


2014 RETAIL INTERIOR
PURCHASING PLANS

Percentage of retailers who predict increased
purchases in the following categories

23%   Mannequins/forms

26%   Transportation, logistics, installation

30%   Paints and coatings

30%   Flooring

33%   Architectural woodwork/millwork

40%   Lighting

41%   Design/architecture services

51%   Props/decor

54%   Fixture hardware/accessories

57%   Signage and graphics

61%   Fixtures and displays

63%   In-store Technology

For the first time since A.R.E. has conducted its annual summer
survey of retailers, signage and graphics has been eclipsed by
In-store Techology and Fixtures a Displays.

Source A.R.E.

Note: Table made from bar graph.

PROFIT EXPECTATIONS

flat profits                 24%
profit decline               17%
Improved or higher profits   59%

Source: A.R.E.

Note: Table made from pie chart.
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Title Annotation:STORE FIXTURES & INTERIORS
Publication:Wood Products
Date:Dec 1, 2013
Words:400
Previous Article:Flooring & panel.
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