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Spotlight on Retail

6/30/2009

By Gil Foltz, Executive Vice President

Did you realize you are part of a huge growing trend? As a storage and organization retailer, you are catering to the ever growing desire of Americans to be more organized. Because consumers are learning that being organized saves them time, therefore giving them "extra" time to do the things that they enjoy.

Let's look at some of the statistics:
* The average price of a closet remodel is $4,800 according to a 2008 study by Vance Publishing Corporation.
* The right amount and type of storage is listed as a home buyer's second priority, behind only an all-new kitchen, according to a 2008 Better Homes and Gardens survey.
* According to the Association of Professional Organizers, the average American spends 140 hours per year looking for lost objects.
* Home owners spend $22 billion annually to rent storage space, according to the Self Storage Association.
* Storage is a more affordable, practical and beneficial solution than many redecorating projects.
* Big box retailers have more than doubled the amount of shelf space dedicated to storage and organization during the last five years.

SCHULTE constantly tracks these consumer trends to put the information in your hands and to adapt our product offerings to their needs. Our product development team follows the latest trends in colors, styles and features.

Use this information during your one-on-one sales with customers.

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