Retail Observer

December 2015

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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Page 34 of 67

DECEMBER 2015 RETAILOBSERVER.COM 35 Exceeds Expectations T he largest-ever Las Vegas Market, highlighted by increases in new registrations and overall attendance, as well as expansion of leading showroom resources and the debut of five new resource destinations, exceeded buyer and supplier expectations August 2-6, 2015. The Summer 2015 Market celebrated its 10th year with five launches: Casual/Outdoor on C12 and 13, gourmet housewares on C11, better home décor on C5, and the Pavilions at Las Vegas Market featuring DISCOVERIES, a new temporary exhibit venue with 90,000 net square feet of exhibit space. "We set the bar high for our tenth anniversary this August, and we exceeded our customers' expectations, as well as our own," said Robert Maricich, chief executive officer of IMC. "We launched five new destinations simultaneously, introduced new-to-market showroom resources and debuted major showroom expansions by leading vendors like Christopher Guy, Global Views, The Phillips Collection, Michael Aram, Ivystone/CMA and many more. We have made exponential progress towards our goal of becoming the only 'whole home and gift' market in North America, and anticipate continued and remarkable growth as we continue to build upon our strong foundation." Overall attendance at the recent Summer Las Vegas Market was up 5% over last summer, and gift continued its double-digit, year-over-year growth with a 17% increase over last Summer. Since Las Vegas Market's gift and home décor strategic plan was launched in Summer 2012, gift and home décor attendance has grown 180%. Buyers indicating an interest in Housewares/ Gourmet in support of the C11 launch were up 61% over last Summer and casual buyers were up 50% over last Summer supporting the new outdoor floors on C12 and 13. The largest growth states for buyer attendance this market were again from the west and southwest, including California, Arizona, Utah, Nevada, and Texas. LAS VEGAS MARKET F I V E N E W D E S T I N AT I O N L A U N C H E S , I N C R E A S E D R E G I S T R AT I O N A N D B U Y E R AT T E N DA N C E AT T H E S U M M E R 2 015 E V E N T

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