In the age of Pinterest and Instagram, everything needs to look picture perfect and one such thing that is trending throughout the world is people’s obsession with home decors. Home decor is nothing but a profession that involves designing, decorating and beautifying of the homes. But the real question here is, Did home decorators go out of business?
Did home decorators go out of business
The designing, decoration, and beautification of homes are done by buying cute and beautiful and at the same time, useful decorative materials and things ranging from lights to rugs. The internet is flooded with home décor ideas that people can use to decorate and make their homes look more beautiful inside and outside.
The home decor ideas include things that are normally used by people in their houses like, cushions, sofa sets, armchairs, tables, curtains, paintings, plants, miniature statues, etc. Home decor is nothing but arranging and placing all the home decor furniture artistically.
One of the pioneers who did a huge business out of home decor ideas and selling home decor accessories were Home Decorators Collection. They started selling home decorating furniture and utilities even before home decor was a big deal. They started in the year 1991 in Atlanta, Georgia. After a few years, they moved their business to St. Louis, Missouri.
In the following extract, let’s get to know about the home decorators company, home decorators furniture, home decorators collection rugs and at last let’s find the answer to the questions, how did home decorators go out of business and what happened to home decorators collection website? Let’s probe deep to get the answer for the question, did home decorators go out of business.
Home Decorators Collection
Home Decorators Collection is an American based company that was known for selling beautiful and quality furniture like tables, chairs, sofa sets, armchairs, dining tables, desks, lamps, lights, curtains, and rugs. They were known for selling beautiful home decor items at a very reasonable price.
The quality of the rugs that were attractively priced in the Home Decorators Collection stores was far better than the quality of rugs that were of higher prices in other stores. At their peak, they had a customer base of 3.3 million customers from the United States of America. They did not have any stores in any other country, yet they made huge profits just with the stores that they owned and operated in the United States of America.
The company, Home Decorators, was known for its collection rugs and the premium quality of its furniture. It is because of these products that Home Decorators collection had a loyal customer base, which in turn boosted their sales and profits to greater heights.
A thriving and ever-growing Home Decorators collection company faded into thin air in the middle of the 2000s. Why? Let’s find the answer to the question, “did home decorators go out of business” and if so how did home decorators go out of business and when did home decorators go out of business.
Home Decorators: The fall
Home Decorators Collection did not actually go out of business or face huge losses or debts. The fall of the company Home Decorators Collection was gradual and no one could have seen it coming. When the company was spreading and growing with enormous success, it attracted the attention of many other business companies. One such company was Home Depot.
Home Depot realized the potential of this company thanks to the fruitful profit that Home decorators collection made by selling its beautiful home decor things. Home Depot also didn’t fail to notice that the Home Decorators Collection catalog was an inspiration to a lot of people.
Thousands of people took inspiration from these catalogs and then decorated their homes with home decorators furniture, home decorators collection rugs, etc. Home Decorators Company was selling its product by giving home decor ideas and that was a very clever move. Home Depot, after watching the blooming of the business of Home Decorators Collection, decided to buy the home decorators Collection Company.
Home Decorators Collection in the hands of Home depot
In the upcoming paragraphs, we will clearly know how did Home Decorators go out of business. Home Depot acquired Home Decorators Collection in 2006. After that acquisition by Home Depot, it was a downhill tumble for the Home Decorators’ business.
Home Depot was very popular during the 2000s; however, their popularity began to plummet and then reached a rock bottom in the late 2000s. Home Depot’s sale went down to $23.9 billion from a whopping $81.5 billion. That is a 75% drop in sales, which is quite drastic and almost an unrecoverable fall for any organization. This 75% drop in sales of Home Depot also brought down the sales of the Home Decorators Collection.
This is how Home Decorators Collection went out of business. The major causes of the drop in sales were due to the advent of technology and the internet. In the mid-2010s, people were more inclined to buy stuff online than go to physical stores and buy what they wanted. This major shift in people’s behavior is one major reason for the fall of the Home Decorators Collection.
Home decorators collection and their website
Now that we know the answer to the question, how did Home Decorators go out of business let’s discuss what happened to the Home Decorators Collection website? When Home Depot acquired Home Decorators Collection, they acquired all of its business.
This means that the Home Decorators Collection website is now handled and run by Home Depot. People can buy from the Home Decorators Collection website. People can still buy things to decorate their houses from the Home Decorators Collection website that is handled by Home Depot. Home Decor accessories are one of a kind and have their own charm even today.
Conclusion:
With the knowledge of one of the biggest businesses that made huge sales and profit out of home decorations, let’s look into some millionaire mansions interior designers. Some of the interior designers of millionaire mansions are Kelly Wearstler, Kelly Hoppen, Philippe Starck, Marcel Wanders, Jacques Grange, Michael S Smith, and Katharine Pooley.
Kelly Wearstler is known for her Malibu beach residence and Bellagio residence. It wouldn’t be an exaggeration to state that the items that you can buy in the Home Decorators Collection website are so classy that they could even find a place in one of these millionaire mansions!
Frequently Asked Questions:
How to start a home decor business?
Starting a home decor business typically involves the following steps:
1. Conduct market research and create a business plan.
2. Determine your niche and target audience, and identify your product offerings and pricing strategy.
3. Obtain any necessary permits or licenses, secure funding, and establish a website and social media presence to market your business.
What is the main holiday decoration in most Mexican homes?
The main holiday decoration in most Mexican homes is the “nacimiento” or nativity scene, which is typically set up in early December and remains in place until early January. The nativity scene includes figurines of the baby Jesus, Mary, Joseph, wise men, other biblical characters, animals, and other accessories. Other popular holiday decorations include piñatas, colorful papel picado banners, and poinsettias.
Hello, my name is Idammah, and I am the founder of Wolfionaire.com, a personal development, and finance blog focused on motivation, success, and wealth. I am obsessed with studying the world's wealthiest individuals and learning about their path to success. I believe anyone can achieve their financial goals with the right mindset and strategies, and I hope to inspire and empower my readers to pursue their own path to success.
