Retail Observer

April 2020

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

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APRIL 2020 RETAILOBSERVER.COM 17 capacitive touch control features a smooth, easy-to-clean surface. The Broan Elite Pyramid is inspired by traditional European designs. The chimney-style hood comes in stainless, black stainless and white, making it the perfect addition to any kitchen. The Broan Elite Curved Glass comes in stainless steel. The eye is immediately drawn to the elegant, curved lines, making it a stunning focal point that can elevate any kitchen. The Broan Elite T-Style will give the kitchen a contemporary design, complementing today's most modern kitchens. Offered in stainless and black stainless, its clean lines come together to create the most sophisticated look. "We truly believe every homeowner should be able to enjoy air quality without sacrificing personal style," said Brian Wellnitz, marketing manager, kitchen ventilation for Broan- NuTone. "We're excited to introduce the Broan Elite line additions at IBS this year and share all the unique air quality solutions that make 'Coming Home to Fresh Air' possible for homeowners everywhere." Visit for more information. "KITCHEN & BATH MARKET INDEX" REPORT SIGNALS A ROBUST 2020 Industry closes out 2019 strong, as industry health and optimism hit highest levels since the National Kitchen & Bath Association and John Burns Real Estate Consulting launched the report The National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting released their Q4 2019 Kitchen & Bath Market Index (KBMI), which reveals an energetic expansion despite showing signs of a slower pace of growth throughout the year. With KBMI scores above 50 indicating growth, this quarter's KBMI of 69.8 is well above that of previous quarters (Q3: 64.3, Q2: 65.4). The KBMI is the definitive gauge of kitchen and bath industry conditions based on findings across four primary industry segments: Design, Building and Construction, Retail Sales and Manufacturing. The index also serves as a valuable lens into several critical economic indicators, including consumer confidence, discretionary spending and the strength of the housing market. "A strong Q4 is great news for industry professionals and consumers going into 2020," said Bill Darcy, NKBA CEO. "As we move into the new year, we're encouraged that this dynamic industry continues to grow and business outlooks are positive."

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