Retail Observer

April 2017

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

APRIL 2017 RETAILOBSERVER.COM 35 L as Vegas Market has announced that the overall attendance surpassed last winter's all-time high, with 13% gains in gift buyer attendance and 3% gains in interior designers, plus traffic increases from categories of strategic growth and from key U.S. regions – Midwest (6%), Southeast (9%) and Northeast (14%). On the resource side, total brands and lines represented topped 4,000 for the first time ever, solidifying Las Vegas Market's position as the nation's fastest growing gift market and the leading home furnishings destination in the western United States. "Across the board, this was the busiest Las Vegas Market since we launched more than ten years ago," said Robert Maricich, chief executive officer of International Market Centers. "Winter Market certainly reflected the overall health of the industry, with heightened business activity reported from showrooms across the furniture, home décor and gift categories." The Winter 2017 Las Vegas Market boasted a record total of 4,003 exhibitor resources, with a total of 170,000 sq. ft. of new and expanded showroom space debuting in January. Notable showroom additions were returns to market by Arteriors and RAZ Imports; expansions and relocations by Abbyson, Anne McGilvray, CDI International, Feizy, Fine Lines and Keena; and Market debuts by newcomers, including Sales Producers and Destination Gifts. In total, the Market showcased more than 5 million sq. ft. of product resources across 40 showroom floors and in 600 temporary exhibits. Buyer representation spanned both the United States and the globe, with buyers from 50 states and some 80 countries attending Winter Market. Within the U.S., the highest attendance hailed from California, Nevada, Texas, Arizona and Washington. In line with the Market's recent strategic efforts to build housewares, seasonal and casual/outdoor resources, commensurate attendance increases also were recorded in those categories: housewares up 11%; seasonal up 11%; gourmet up 8%; casual/outdoor up 6%. S T E A D Y B U Y E R A N D D E S I G N E R A T T E N D A N C E A N D S T R O N G O R D E R - W R I T I N G S E T A P O S I T I V E T O N E A T T H E L A R G E S T - E V E R W I N T E R 2 0 1 7 L A S V E G A S M A R K E T , H E L D J A N U A R Y 2 2 - 2 6 , 2 0 1 7. WINTER 2017 LAS VEGAS MARKET DELIVERS RESULTS

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