/Furniture sales climb during holidays

Furniture sales climb during holidays

Sales expected to grow by 5% compared to last year; some 75% of furniture sold is made in Israel
Dining-room furniture, and specifically dining tables that can sit between 8-25 people are a hit among shoppers during the holiday season. Manufacturers reported that dining-room furniture sales were expected to rise by 7% in the next month and reach NIS 320 million ($78 million).
 

According to Haim Herman, head of the Infrastructure Products & Consumer Goods Association at the Manufacturers Association of Israel, furniture sales were expected to grow by 4-5% compared to the corresponding period last year, and total NIS 1.9 billion ($464 million).
 
Herman added that some 75% of furniture sold during the holidays ($348 million in sales) is made in Israel.
 
During Rosh Hashana and Sukkot, most manufacturers offer 10-20% discounts in stores.