Cramer: Oil Prices Aren't Pressuring Furniture Retail Sector
April 8, 2011
With oil prices above $110, there's a surprising sector that's shining for Mad Money host Jim Cramer—high-end retailers.
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Gas Pains
January 2009 From Home Furnishings Business
Miller Brothers Furniture in Sioux Falls, Iowa, isn’t the last furniture store in America offering free delivery, but it’s one of very few after diesel fuel prices hit nearly $5 over the summer before retreating to more normal levels.
January 2009 From Home Furnishings Business
Miller Brothers Furniture in Sioux Falls, Iowa, isn’t the last furniture store in America offering free delivery, but it’s one of very few after diesel fuel prices hit nearly $5 over the summer before retreating to more normal levels.
The Long Haul
November 2008 From Home Furnishings Business
More expensive fares for fewer seats on long-distance flights to Asia and South America are a necessary evil for retailers and their vendors who depend on overseas sourcing. While furniture imports slowed this year in reaction to soft retail conditions, they still play too important a role in some business models for people to stay home for too long. “In light of the amount of business we’ll do with a collection, we don’t really focus on how much we travel,” said Keith Koenig, president of Tamarac, Fla.-based City Furniture. “We’re careful, and it costs more, but it’s not something that will keep us (from
November 2008 From Home Furnishings Business
More expensive fares for fewer seats on long-distance flights to Asia and South America are a necessary evil for retailers and their vendors who depend on overseas sourcing. While furniture imports slowed this year in reaction to soft retail conditions, they still play too important a role in some business models for people to stay home for too long. “In light of the amount of business we’ll do with a collection, we don’t really focus on how much we travel,” said Keith Koenig, president of Tamarac, Fla.-based City Furniture. “We’re careful, and it costs more, but it’s not something that will keep us (from
