U.S. Housewares Retail Market Presented by March 9, 2011 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org The International Housewares Association Is The Home Authority • Not-for-profit, full-service trade association • Founded in 1938 • The voice for the housewares industry • 1,600 supplier members • Sponsors of the International Home + Housewares Show Page 2 Stores You Will Visit Today* Best Buy Bloomingdales Brookstone The Container Store Crate&Barrel Home Depot Macy’s Pottery Barn Target Wal-Mart Whole Foods Market Z Gallerie Page 3 Headlines Big-name U.S. retailers are increasingly hunting for growth overseas as American consumers continue to guard their wallets, purchasing cautiously. Kiplinger 1/17/11 Stuck in the middle, big grocers make changes: Pressures from discount chains, upscale markets force changes Chicago Tribune 1/6/11 Retail Up for 2010 Christmas Season: Early returns are finding that retail sales were the highest in the 2010 Christmas season that they’ve been in five years. The Glittering Eye 12/28/10 Page 4 Headlines The bad news [for restaurants] is that people aren't dining out as often. According to our surveys, Americans ate out an average of 3.3 times per week before the recession. In 2010, that number dropped to 3.1. Similarly, in 2007, 53% of all meals were prepared outside the home; now it's 47%. Wall Street Journal, 1/25/11 Page 5 Trends Sales Up, But Stores Fret Over Outlook Retailers saw their best holiday season since the start of the recession, but a loss of momentum in December fed concerns about the strength of the sector's revival in the new year. December retail sales at stores ranging from car dealers to grocers rose 7.9% from a year ago, the Commerce Department said Friday, and overall sales surpassed their pre-recession peak. Wall Street Journal, 1/15/11 Page 6 Trends Wall Street Journal Page 7 Breaking News Page 8 Global Housewares Market Global Housewares Retail Sales 2009 US$288.4 Billion Insert new chart US and Canada $75.7 Latin America $11.7 Western Europe $76.1 Asia $91.8 Africa $12.1 Eastern Europe $ 8.4 Middle East $ 8.2 Oceania $ 4.8 Page 9 Housewares Sales By Key Retail Channel Discount Stores/Supercenters 24.3% Department Stores 14.2% Specialty Stores 11.6% Non Store Retailing 9.3% Supermarkets 8.3% Hardware Stores/Home Centers 5.5% Warehouse Clubs 4.8% Variety/One Price Stores 2.7% Page 10 Discount Stores & Supercenters 24.3% Page 11 Top Discount Store: Wal-Mart* Parent Company: Wal-Mart Stores General Profile: Wal-Mart is a global retailer providing a broad assortment of quality merchandise and services at everyday low pricing. Subsidiaries: Sam’s Club Number of stores in U.S.: 3,708 U.S. regions: National Total sales: $258,200 Million in 2009 Housewares sales: $20,290 Million in 2009 Housewares sales rank in top 100: 1 * Source: HomeWorld Business Page 12 Retail Intelligence Report Wal-Mart, king of retail, plots rebound The battle for shoppers is playing out in this New York suburb. Wal-Mart versus everyone. Dollar stores beckon, their small size ideal for quick shopping. Target offers 5 percent off if you pay with its store-branded card. Costco tempts with high-end, brand-name food and designer clothes at competitive price. Over the past year, revenue at Wal-Mart stores open at least a year has fallen by an average 0.75 percent each quarter, according to the International Council of Shopping Centers. Revenue rose by an average of 1.7 percent at Target, 8 percent at Costco and 5.9 percent at Family Dollar. Associated Press, 2/5/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report Walmart Launches Major Initiative to Make Food Healthier and Healthier Food More Affordable Walmart Press Release 1/20/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report Walmart Tries to Recapture Mr. Sam’s Formula Wal-Mart already commands so large a portion of customers’ wallets that growth is a Herculean task…Goldman Sachs recently estimated that for Wal-Mart to notch a 1% increase in comparable store sales, every person in the US would have to spend an additional $10 at the chain. Wall Street Journal 2/22/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Discount Store: Target* Parent Company: Target Corporation General Profile: Target strives to be the best place to buy high quality merchandise at low prices. They are an upscale discounter. Number of stores in U.S.: 1,746 U.S. regions: National Total sales: $65,357 Million in 2009 Housewares sales: $7,810 Million in 2009 Housewares sales rank in top 100: 3 * Source: HomeWorld Business Page 17 Retail Intelligence Report Target Expands into Canada Target, the US discount retailer known for its “cheap chic” image, is to invest more than $2.8bn in opening up to 150 stores in Canada by 2014, in its first international expansion. The retailer, which operates more than 1,750 large format stores in the US says it has agreed to pay C$1.82bn to acquire leases to up to 220 sites currently operated by Zellers, a Canadian discount retailer that is the subsidiary of the Hudson’s Bay Company (HBC). Financial Times, 1/20/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Discount Store: Kmart Parent Company: Sears Holdings Number of stores in U.S.: 1,327 U.S. regions: National Total sales: $15,743 million in 2009 Housewares sales: $2,240 million in 2009 Housewares sales rank in top 100: 8 * Source: HomeWorld Business Page 19 Other Discount Stores Store 2009 Housewares Sales (US$ millions) Meijer’s $ 649 Shopko Stores $ 422 Page 20 Department Stores 14.2 % Page 21 Department Store: Macy*s* Parent Company: Macy*s Group General Profile: Macy*s Group, Inc. is the US's leading department store retailer. A tradition of exceptional shopping and lifestyle leadership. Subsidiaries: Bloomingdale’s Number of stores in U.S.: 850 Total sales: $243,489 in 2009 Housewares sales: $1,090 in 2009 Housewares sales rank in top 100: 15 * Source: HomeWorld Business Page 22 Retail Intelligence Report Macy’s Earnings Increase 50% [New merchandising] initiatives allowed 4.3% growth in sales in the quarter, “on the high end on the aggressive guidance we set for ourselves.” Wall Street Journal 2/23/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Top Department Store: Sears* Parent Company: Sears Holdings General Profile: Sears is a multi-line retailer offering a wide variety of merchandise and related services Divisions: Kmart, The Great Indoors Total Stores: 2,235 Total sales: $23,692 Million in 2009 Housewares sales: $1,635 Million in 2009 Housewares sales rank in top 100: 10 * Source: HomeWorld Business Page 24 Retail Intelligence Report A Tough Sell at Sears This holiday season, Sears and Kmart, which merged in 2005, are pushing a single message: Buy with layaway, buy with coupons, buy now and pay later, buy with loyalty rewards points — but please, just buy. Five years after the merger, Sears Holdings is beleaguered, with sales markedly worse than its competitors’. The company’s revenue dropped more than 10 percent from 2005 through 2009, the most recent full fiscal year. In the same time period, Walmart’s sales rose almost 31 percent, Target’s more than 24 percent and Macy’s about 5 percent. Sales at JCPenney declined by about 6 percent. New York Times 1/21/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Department Store: Kohl’s Parent Company: Kohl’s Department Stores General Profile: Kohl's mission is to be the leading family-focused, value oriented, specialty department store offering national brand merchandise to the consumer in an environment that is clean, friendly and convenient. Number of stores in U.S.: 1,058 Total sales: $17,178 Million in 2009 Housewares sales: $1,595 Million in 2009 Housewares sales rank in top 100: 11 * Source: HomeWorld Business Page 26 Other Department Stores Store 2009 Housewares Sales (US$ millions) TJMaxx/Marshall’s $570 JCPenney $275 Dillard's $119 The Bon Ton $106 Belk $105 Page 27 U.S. Specialty Stores 11.6% Page 28 Specialty Store: Bed Bath & Beyond Parent Company: Bed Bath & Beyond General Profile: Bed Bath & Beyond is a national chain of superstores selling predominantly better quality domestic merchandise and home furnishings. Bed Bath & Beyond aims to combine superior service with a huge selection of items at everyday low prices within a constantly evolving environment. Number of stores in U.S.: 1037 U.S. regions: National Total sales: $7,829 Million in 2009 Housewares sales: $3,420 Million in 2009 Housewares sales rank in top 100: 5 * Source: HomeWorld Business Page 29 Specialty Store: Williams Sonoma Parent Company: Williams Sonoma General Profile: Williams Sonoma is a specialty retailer of high-quality products for the home and kitchen. Subsidiaries: Pottery Barn, Pottery Barn Kids, West Elm Number of stores in U.S.: 610 U.S. regions: National Total sales: $3,103 Million in 2009 Housewares sales: $2,400 Million in 2009 Housewares sales rank in top 100: 6 * Source: HomeWorld Business Page 30 Specialty Store: Sur La Table Parent Company: Sur La Table General Profile: Sur La Table was created to satisfy the growing demands from culinary professionals and home chefs for a reliable source of top quality cookware and hard to find kitchen tools. Number of stores in U.S.: 75 Total sales: $205 Million in 2009 Housewares sales: $2124 Million in 2009 Housewares sales rank in top 100: 57 * Source: HomeWorld Business Page 31 Specialty Store: Crate&Barrel* Parent Company: Crate&Barrel General Profile: Crate and Barrel features unique, functional, affordable designs for the home. They carry innovative, high quality design products focusing on shape, form, color and function. Subsidiaries: CB2 Number of stores in U.S.: 162 U.S. regions: National Total sales: $1,410 Million in 2009 Housewares sales: $904 Million in 2009 Housewares sales rank: 19 * Source: HomeWorld Business Page 32 Specialty Store: Pier 1 Parent Company: Pier 1 Imports General Profile: North America's leading specialty retailer of unique, fashion forward, decorative furnishings, gifts and related items directly imported from over 50 countries around the world. Number of stores in U.S.: 1,054 U.S. regions: National Total sales: $1,291 Million in 2009 Housewares sales: $200 Million in 2009 Housewares sales rank in top 100: 48 * Source: HomeWorld Business Page 33 Retail Intelligence Report Pier 1 Imports, Inc. Announces December Sales Results FORT WORTH, Texas, Jan 06, 2011 (BUSINESS WIRE) -Pier 1 Imports, Inc. today reports December sales results for the five-week period ended January 1, 2011. December Highlights •Comparable store sales increase of 10.3% compared to last year's increase of 8.6% •Comparable store sales were driven by increases in traffic, conversion rate and average ticket •Merchandise margins were strong in December with less promotional and clearance pricing compared to last year 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Specialty Store: Cost Plus World Market Parent Company: Cost Plus World Market General Profile: World Market is a leading specialty retailer of casual home furnishings and entertaining products. Their strategy is to differentiate themselves by offering a large and ever-changing selection that combines wine, beer, food and home products, many of which are imported, at value prices in an exciting shopping environment. Number of stores in U.S.: 268 U.S. regions: National Total sales: $869 Million in 2009 Housewares sales: $1,253 Million in 2009 Housewares sales rank in top 100: 56 * Source: HomeWorld Business Page 35 Retail Intelligence Report Cost Plus, Inc. Confirms Merchandising Test with Bed Bath & Beyond December 10, 2010 – Cost Plus, Inc. today confirmed that it is conducting a merchandising test with Bed Bath & Beyond involving its consumables products in three Bed Bath & Beyond stores located in San Diego, California; Totowa, New Jersey and Elmsford, New York. Cost Plus continually evaluates merchandising initiatives, including the merchandising test taking place with Bed Bath & Beyond. Cost Plus does not comment on merchandising tests. 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Specialty Store: The Container Store* Parent Company: The Container Store General Profile: The Container Store is devoted to helping people streamline and simplify their lives by offering an exceptional mix of storage and organization products. Number of stores in U.S.: 48 U.S. regions: 12 States Total sales: $555 Million in 2009 Housewares sales: $512 Million in 2009 Housewares sales rank in top 100: 30 * Source: HomeWorld Business Page 37 Specialty Store: HomeGoods Parent Company: TJX Companies General Profile: HomeGoods is a chain of off- price home fashion stores. HomeGoods offers an exciting, and rapidly changing selection of home décor merchandise including furniture, giftware, rugs, bed and bath accessories, lamps and seasonal merchandise at great values. Number of stores in U.S.: 323 U.S. regions: National Total sales: $1,794 Million in 2009 Housewares sales: $740 Million in 2009 Housewares sales rank in top 100: 22 * Source: HomeWorld Business Page 38 Specialty Store: Best Buy* Parent Company: Best Buy General Profile: America's leading specialty retailer of consumer electronics, personal computers, entertainment software and appliances. Subsidiaries: Magnolia Audio Video, The Future Shop Number of stores in U.S.: 4,027 U.S. regions: National Total sales: $49,694 Million in 2009 Housewares sales: $349 Million in 2009 Housewares sales rank in top 100: 39 * Source: HomeWorld Business Page 39 Specialty Store: IKEA Parent Company: Ingka Holding B.V. General Profile: IKEA is a full-range specialty retailer selling a wide range of home furnishings with good design and function. Number of stores in U.S.: 36 Total sales: $3,200 Million in 2009 Housewares sales: $385 Million in 2009 Housewares sales rank in top 100: 36 * Source: HomeWorld Business Page 40 Other Specialty Stores Store 2009 Housewares Sales (US$ millions) Kitchen Collection $214 Ross Stores $166 Michaels Stores $ 71 Page 41 Non Store Retailing 9.3 % Page 42 Internet: amazon.com Parent Company: Amazon General Profile: Amazon is the largest online retailer in North America Total sales: $24,509 Million in 2009 Housewares sales: $530 Million in 2009 Housewares sales rank in top 100: 29 * Source: HomeWorld Business Page 43 Retail Intelligence Report Retailers Struggle in Amazon Jungle 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report Gift Shoppers Flocked to the Web Online Christmas Sales Rose 15.4% as Retailers Offered Free Shipping and Internet-Only Bargains WSJ, 12/24/10 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Supermarkets 8.3 % Page 46 Top Supermarket: Kroger Parent Company: Kroger Subsidiaries: Bakers, Calla Foods, CityMarket, Dillons, Food4Less, Fred Meyer, Frys, Gerbes, Hilander, Jay C Foods, Kessel Food Markets, King Soopers, Payless Super Markets, QFC Quality Food Centers, Quik Stop, Ralph's, Smith's Food & Drug, Tom Thumb Food Stores Number of stores in U.S.: 3,619 Total sales: $76,733 Million in 2009 Housewares sales: $1,370 Million in 2009 Housewares sales rank in top 100: 13 * Source: HomeWorld Business Page 47 Supermarket: SuperValu Parent Company: SuperValu Subsidiaries: Acme, Albertson’s, Jewel-Osco, Supersaver Foods Number of stores in U.S.: 2,340 U.S. regions: 31 States Total sales: $31,637 Million in 2009 Housewares sales: $344 Million in 2009 Housewares sales rank in top 100: 40 * Source: HomeWorld Business Page 48 Supermarket: Safeway Parent Company: Safeway Subsidiaries: Carrs, Dominicks, Genuardi's, Pac n Save Foods, Pavillions, Randalls, Tom Thumb, Von's Number of stores in U.S.: 1,725 U.S. regions: National Total sales: $40,851 Million in 2009 Housewares sales: $704 Million in 2009 Housewares sales rank in top 100: 25 * Source: HomeWorld Business Page 49 Supermarket: Whole Foods Market* Parent Company: Whole Foods Market Subsidiaries: Wild Oats Number of stores in U.S.: 284 U.S. regions: National Total sales: $8,032 Million in 2009 Housewares sales: $72 Million in 2009 Housewares sales rank in top 100: 72 * Source: HomeWorld Business Page 50 Other Supermarkets Store 2009 Housewares Sales (US$ millions) Publix Ahold USA Delhaize America $409 $359 $264 Page 51 Hardware Stores & Home Centers 5.5 % Page 52 Hardware Stores & Home Centers: Home Depot * Parent Company: Home Depot General Profile: Home Depot is the world's largest home improvement retailer. Number of stores in U.S.: 2,244 Total sales: $66,176 Million in 2009 Housewares sales: $2,180 Million in 2009 Housewares sales rank in top 100: 7 * Source: HomeWorld Business Page 53 Retail Intelligence Report Home Depot Looks to Women Consumers Since its founding in 1978, Home Depot and its orange-smocked employees have ruled the American home improvement industry, making it the second-largest retailer in the country, after Wal-Mart. In its bid for more revenue, Home Depot has recognized that while women may be half of its customers, it has not catered to them in ways that translate into a larger market share. Without a housing recovery to revive sales of big items or major renovation supplies, the company and its competitors are promoting smaller projects in spring 2011, during what is the major selling season for home improvement stores. And that means sprucing up departments to get female customers excited about window treatments or new colors for makeovers of existing spaces. New York Times 1/31/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report Home Depot Profit Jumps 72% Home Depot cited sales of big ticket items such as appliances, millwork, windows and heating units as helping drive purchases of $900 or more in the fiscal fourth quarter. Wall Street Journal 2/23/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Hardware Stores & Home Centers: Lowe’s Parent Company: Lowe’s Companies Inc. Number of stores in U.S.: 1,710 Total sales: $47,220 Million in 2009 Housewares sales: $1,305 Million in 2009 Housewares sales rank in top 100: 14 * Source: HomeWorld Business Page 56 Retail Intelligence Report Investors cheer Lowe's plan to lay off 1,700 middle managers Lowe's Cos., the home improvement giant, is laying off 1,700 middle managers across the country, another sign that the economic recovery remains in a precarious position. It will also hire 8,000 to 10,000 part-time, weekend sales workers, a move Lowe's said is intended to boost customer service at peak sales times. Like the rest of the economy, Mooresville-based Lowe's has suffered through the housing downturn. The company says consumers are still hesitant to invest in their homes, buying fewer major appliances and putting large remodeling projects on hold. Charlotte Observer 1/26/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report Lowe’s quarterly profit climbs 39% Lowe’s Cos. said Wednesday that its fourth-quarter profit rose 39%, boosted by what it described as a continuing economic recovery. Still, the No. 2 U.S. home-improvement retailer gave a first-quarter profit forecast that may fall short of Wall Street expectations, citing market uncertainty. Also, its smaller-than-expected 1.1% rise in samestore sales trailed that of its larger rival Home Depot Inc., which recently reported a 3.9% increase. MarketWatch 2/23/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Hardware Stores & Home Centers: Ace Hardware Parent Company: Ace Hardware General Profile: Ace is a cooperative composed of members who are entrepreneur retailers. Number of stores in U.S.: 4,500 Total sales: $12,750 Million in 2009 Housewares sales: $844 Million in 2009 Housewares sales rank in top 100: 20 * Source: HomeWorld Business Page 59 Hardware Stores & Home Centers: True Value Parent Company: True Value Corp. General Profile: True Value is a cooperative composed of members who are entrepreneur retailers. True Value grew in 1997 when Servistar/Coast to Coast merged with Cotter & Co, then True Value’s parent company. Number of stores in U.S.: 4,905 Total sales: $7,500 Million in 2009 Housewares sales: $430 Million in 2009 Housewares sales rank in top 100: 32 * Source: HomeWorld Business Page 60 Other Hardware Stores & Home Centers Store 2009 Housewares Sales (US$ millions) Do It Best $451 Menard's $189 Page 61 Warehouse Clubs 4.8% Page 62 Warehouse Club: Costco Parent Company: Costco Wholesale Corp. General Profile: Costco Wholesale operates an international chain of membership warehouses that carry quality, brand name merchandise at substantially lower prices than are typically found at conventional wholesale or retail sources. The warehouses are designed to help small and medium sized businesses reduce costs in purchasing for resale and for everyday business use. Number of stores in U.S.: 560 Total sales: $71,422 Million in 2009 Housewares sales: $9,025 Million in 2009 Housewares sales rank in top 100: 2 * Source: HomeWorld Business Page 63 Retail Intelligence Report December Retail Sales Are Weaker Than Expected At Costco Wholesale, Same store sales rose 6 percent, just a bit below analyst expectations of 6.2 percent. New York Times 1/6/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Retail Intelligence Report Costco Profit Tops Expectations Costco posted a better-than-expected quarterly profit on Wednesday, helped by strong sales and increased fee revenue as consumers sought its bulk offerings of food and other items. Gross margins rose to 10.98 percent from 10.88 percent, though the improvement was less than some analysts had expected because of strong sales of lower-margin gasoline. New York Times 12/8/10 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Warehouse Club: Sam’s Club Parent Company: Wal-Mart Stores Inc. General Profile: Sam's Club is the nation's largest member only warehouse club in terms of number of stores. Number of stores in U.S.: 596 Total sales: $46,700 Million in 2009 Housewares sales: $4,085 Million in 2009 Housewares sales rank in top 100: 4 * Source: HomeWorld Business Page 66 Other Warehouse Clubs Store 2009 Housewares Sales (US$ millions) BJ’s Wholesale $1,085 Page 67 Drug Stores 4.2 % Page 68 Drug Store: Walgreens Parent Company: Walgreens General Profile: Walgreens is the nation's largest drug store chain. Number of stores in U.S.: 7,379 Total sales: $63,325 Million in 2009 Housewares sales: $2,145 Million in 2009 Housewares sales rank in top 100: 9 * Source: HomeWorld Business Page 69 Drug Store: CVS Parent Company: CVS General Profile: CVS is the nation's second largest drug store chain. Number of stores in U.S.: 7,025 Total sales: $55,355 Million in 2009 Housewares sales: $955 Million in 2009 Housewares sales rank in top 100: 18 * Source: HomeWorld Business Page 70 Variety/One Price Stores 2.7 % Page 71 One Price Store: Dollar General Parent Company: Dollar General General Profile: Dollar General is the nation's largest dollar store chain. Number of stores in U.S.: 8,828 Total sales: $11,796 Million in 2009 Housewares sales: $1,575 Million in 2009 Housewares sales rank in top 100: 12 * Source: HomeWorld Business Page 72 One Price Store: Family Dollar Parent Company: Family Dollar General Profile: Dollar General is the nation's second largest dollar store chain. Number of stores in U.S.: 6,571 Total sales: $7,401 Million in 2009 Housewares sales: $961 Million in 2009 Housewares sales rank in top 100: 17 * Source: HomeWorld Business Page 73 One Price Store: Dollar Tree Parent Company: Dollar Tree General Profile: Dollar Tree is the nation's third largest dollar store chain. Number of stores in U.S.: 3,806 Total sales: $5,231 Million in 2009 Housewares sales: $401 Million in 2009 Housewares sales rank in top 100: 35 * Source: HomeWorld Business Page 74 Retail Intelligence Report Dollar Tree Sales/Profits Skyrocket Dollar Tree Announces Q4 2010 Sales up 10.7%, FY 2010 Sales up 12.4% Sales increased 10.7% to USD 1.73 billion for the quarter. Year-to-date (YTD) sales increased 12.4% to USD 5.88 billion. Comps increased 3.9% and 6.3% for the quarter and YTD, respectively. Kantar Retail 2/24/11 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org http://www.housewares.org/iha/pubs/mw/default.aspx 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org Page 78 Find this presentation at: http://www.housewares.org/ppt/USHousewaresMkt_11.ppt Perry Reynolds Contact me at preynolds@housewares.org Page 79 U.S. Housewares Retail Market Thank You …and have a great tour today Presented by 6400 Shafer Court, Suite 650, Rosemont, IL 60018 Phone 847.292.4200 Fax 847.292.4211 www.housewares.org