What furniture consumers are looking for in a recession?

Economists may debate whether we’re in recession, but consumers have already decided that we are—and have changed their purchasing behavior accordingly. Two trend analysts—Faith Popcorn and Britt Beamer—have answer to peer into the crystal ball and weigh in on the opportunities during these tough times.

Faith Popcorn

“Out on the street, no one is asking if we are in a recession,” said trend analyst Faith Popcorn. “They're asking when it will end and where our economy will be by then.”

Consumer panel shares views on casual furniture shopping experience

A revealing consumer panel discussion during the International Casual Furniture & Accessories Market offered retailers and vendors insights to keep their businesses going in the tough economic climate.

The panel of six local consumers immediately broke into halves with vastly different outlooks. Robert Gibbs and Noel Ross, a pair of thirtysomethings living in downtown Chicago, were diligent and studious shoppers holding out for the perfect look, while Pamela Preschlack, Leigh Moss, Mary Kay Ryan and Ginny Wells, four stay-at-home mothers from the tony Lake Bluff suburb, had more bottom-line demands.

Both Ross and Gibbs expressed frustration over finding the right kind of furniture for their limited outdoor spaces.

“I'm looking for something different,” Ross said. “Comfort is my biggest priority, but I want to create an oasis by the grill. I've been searching for a long, long time.”