Sector information: home furnishing store

Home improvement stores are specialized stores that offer a wide range of home interior products. Here are different types of home improvement stores:

• Furniture stores: These stores focus primarily on furniture for various rooms in the home, including living rooms, bedrooms, dining rooms and offices.
• Interior stores: stores offering various interior design items, including decorative items, artwork, mirrors and other accessories.
• Kitchen stores: specializing in kitchen fixtures, kitchenware, appliances and dining room furniture.
• Bathroom stores: These stores offer bathroom furniture, plumbing fixtures, shower stalls and other bathroom accessories.
• Lighting stores: specializing in lighting for all rooms, including pendant lamps, floor lamps, table lamps and wall lamps.
• Textile stores: stores focusing on textile products such as curtains, rugs, pillows, blankets and bedding.
• Designer stores: these stores offer designer furniture and accessories from well-known designers and brands.
• Home accessories stores: stores offering a wide range of home accessories, such as vases, picture frames, candles, and other decorative items.
• Garden and patio stores: specializing in garden furniture, outdoor lighting, garden decorations and everything for patio design.
• Luxury home stores: stores that offer exclusive, high-end furniture and accessories for customers with specific tastes and budgets.
• Outlet home stores: stores offering discount prices on furniture and home accessories, sometimes from reputable brands.
• Do-It-Yourself (DIY) stores: Stores that offer DIY products and materials for customers who want to work on their homes themselves.
• Sustainable home stores: stores offering sustainable and environmentally friendly products, focusing on ecologically sound choices.
• Outlet centers for living: Larger centers that have multiple home furnishings stores under one roof, allowing customers to explore a wide range of products.
• Furniture makers and studios: Craft stores or studios offering handmade furniture and custom pieces.

What to look out for when buying a home furnishing store

When acquiring a home improvement store, there are several important points to consider. Here are some essential aspects:

• Inventory and product assortment: Analyze the inventory levels and product assortment of the home store. See which products are running well and what opportunities there are to expand or optimize the assortment.
• Brand reputation and positioning: Assess the brand reputation and positioning of the home store in the market. A strong brand and clear positioning can affect competitiveness.
• Financial Health: Analyze the financial health of the residential store by examining financial statements, income statements, balance sheets and cash flows. This provides insight into the current and future stability of the business.
• Logistics and inventory management: Assess the logistics processes and inventory management of the home store. A well-organized logistics system can contribute to efficient operations.