Top 10 Biggest Sofa Companies In The U.S
|Biggest Sofa Companies In The US. Photo: shutterstock|
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Despite competition from lower-cost imports, furniture manufacturing in the United States has remained somewhat resilient. Many of the companies listed here continue to manufacture the majority, if not all, of their products in the United States, and many have been doing so for many years. Perhaps the idea of ordering a handcrafted sofa or loveseat and having it delivered fully assembled appeals to the desire to own an heirloom, a feeling that may not be associated with furniture that ships in a carton and snaps together on the living room rug.
Knowing the largest sofa manufacturers in the United States may be an important consideration in your purchasing decision. It is recommended that you are aware of the major players in the furniture industry.
How to choose the most suitable sofa?
First, consider size. If you have a larger living room, you'll need to decide how much space you want your couch to take up. Do you want to add more couches or chairs? Do you require a coffee table? If this is the case, a simple sofa or one with a slight L-shape will most likely be the best fit. If you want a sofa to be the focal point of your living room, look for rounder couch shapes that take up a little more space but offer a lot of seating.
Determine which shape will work best in the space. Now that you've determined the function of your sofa, it's time to determine which shape will best serve that purpose. A clean L-shape is ideal for dividing open areas, such as separating the living room from the dining room.
Select a design that complements your home. It can be difficult to define your own personal style, so trust your instincts when selecting the type of couch that will fit naturally in your home. Choose something with clean lines and bold colors if your style is sleek and modern.
Top 10 Largest Sofa Companies In The U.S
Net Sales: $2.87 billion
Annual Revenue: $44.6 billion
IKEA was founded in 1943 and has since revolutionized the furniture industry with its large combination warehouse-showrooms and swedish design.
Originally expensive, heavy, and pre-assembled, IKEA was able to produce quality furniture without the labor costs of assembly by selling do-it-yourself kits.
The company is known for its simple, modernist designs as well as its environmental sensitivity. They simplified and reduced the cost of purchasing furniture.
READ MORE:Look Inside Most Expensive House in America: 21 Bedrooms, 49 Bathrooms and 6 Elevators
2. Ashley HomeStore
Net Sales: $4.96 billion
Annual Revenue: $10.3 billion
Ashley HomeStores was founded in 1997 in Anchorage, Alaska, and now owns and operates over 800 stores worldwide.
Ronald G. Wanek, the company's founder, still runs it today, with his son, Todd Wanek, serving as CEO.
There are both corporate stores and independently owned stores that are licensed to sell Ashley Furniture.
3. Berkshire Hathaway
Net Sales: -$22 billion
Annual Revenue: $302.89 billion
Berkshire Hathaway is the parent company of several popular furniture brands in the United States, including Nebraska Furniture Mart and Star Furniture. Other significant assets of the company include Dairy Queen and GEICO. Another point worth mentioning is that Berkshire Hathaway has established a strong presence in both the retail and rental markets for home furnishings.
4. Restoration Hardware
Net Sales: $529 million
Annual Revenue: $3.59 billion
Restoration Hardware has a lot to offer any homeowner looking for stylish home furnishings, with a focus on more high-end furniture items. The company was founded in 1979 and frequently collaborates with designers and artisans in order to appeal to the upscale furniture market. Restoration Hardware changed their name to RH for a sleeker look as part of their rebranding toward more personalized and premium furniture pieces.
Revenue: nearly $6.8billion
Market Cap: 10.60B
Williams-Sonoma, Inc. is an American consumer retail company that primarily distributes kitchenware and home furnishings. Charles E. Williams founded Williams-Sonoma in 1956. Its headquarters are located on Van Ness Avenue in San Francisco, California.
Williams-Sonoma is now one of the world's largest e-commerce retailers and multi-channel specialty retailers, with retail locations in the United States, Puerto Rico, Canada, Australia, and the United Kingdom. Williams-Sonoma had nearly $6.8 billion in annual sales and employed over 19,350 people.
6. La-Z-Boy Furniture Galleries
Market Cap: 44B
La-Z-Boy has multiple business units that are divided into three operations: the Upholstery Group, the Casegoods Group, and the Retail Group. The La-Z-Boy Company, Inc. La-Z-Boy furniture is sold in thousands of retail residential outlets across the United States and Canada, and it is also manufactured and distributed under license in the United Kingdom, Australia, Germany, Indonesia, Italy, Japan, Mexico, New Zealand, Turkey, and South Africa. Furthermore, La-Z-Boy has more US and international patents on over 200 different styles and mechanisms.
7. Bob’s Discount Furniture
Net Sales: $1.6124 billion
Bob's Discount Furniture, founded in Connecticut in 1991, quickly expanded into the American furniture market and now operates 126 stores across the country. Bob Kaufman, the company's founder, had no interest in furniture until a motorcycle accident forced him to use a water bed to recover. Kaufman became involved in waterbed sales after realizing the benefits.
Bob's Discount Furniture was born after years of expanding and diversifying their products. Despite the early 1990s recession, Bob's was able to stay in business, owing primarily to their use of advertising. Since then, Bob's has expanded their reach beyond New England and into the rest of the United States, becoming one of our top earners.
Market Cap: 1.36B
Steelcase is a furniture company based in the United States that was founded in 1912 in Grand Rapids, Michigan. Steelcase primarily manufactures office furniture, architectural and technology products, and products for the education, health care, and retail industries.
Steelcase is a pioneer in the creation of great experiences, providing a wide range of architecture, furniture, and technology products and services to help people reach their full potential. Steelcase, in collaboration with our partners, creates spaces that enable people to work, learn, and heal. Steelcase has always aimed to provide long-term value to its customers, employees, communities, and partners around the world.
Market Cap: 1.76B
HNI Corporation, founded in 1944 by engineer C. Maxwell Stanley, advertising executive Clem Hanson, and industrial designer H. Wood Miller, is one of the world's largest office furniture manufacturers. Furthermore, HNI is the world's leading hearth products company, manufacturing and marketing gas, electric, wood, and biomass burning fireplaces, inserts, stoves, facings, and accessories, with manufacturing facilities in Muscatine, other states, and Asia.
10. Big Lots
Net Sales: $1.636 billion
Annual Revenue: $6.15 billion
Big Lots has its origins in a company known as Consolidated Stores Corp, which was founded in 1967. Though they had been using the Big Lots name for years, the company did not officially change its name until 2001.
This discount retailer sells toys, gifts, small electronics, and food, as well as furniture. In 1998, Consolidated operated 171 furniture departments within its Big Lots stores, as well as twenty-six stand-alone Big Lots Furniture stores.
Consolidated Stores Corp, which was founded in 1967, is the company that gave birth to Big Lots. Despite using the Big Lots name for many years, the company did not officially change its name until 2001.
This discount store sells toys, gifts, small electronics, food, and furniture. Consolidated had 171 furniture departments within its Big Lots stores as well as 26 stand-alone Big Lots Furniture stores in 1998.
However, as part of a restructuring plan, Big Lots announced in 2005 that it would close these stand-alone stores, as well as approximately 150 Big Lots stores. Despite this, they have remained one of the most important furniture retailers in the United States.
The furniture manufacturing industry in the United States, particularly that of sofas, is not only well developed but also highly regarded by global consumers for its product quality and innovative interior designs that improve living space.
If you are looking for the best quality sofa manufacturers in the United States, take a look at the article above and feel free to share if it's helpful!
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