Kirklands Vs Pier One
Financial Statement Analysis
Kirkland’s
And
Pier 1 Imports
I. EXECUTIVE SUMMARY
Kirkland’s Inc. and Pier 1 Imports are among the major players represented in the retail home décor industry, where there is a constant demand to provide the right merchandising mix and marketing program for consumer attraction. However, in recent years there has been a decline in the retail home décor industry. Consumers have cut spending in anticipation of the continuing rise in gas prices, unemployment rates, interest rates, consumer debt and taxation. In the midst of a sluggish, unstable economy, both companies struggle to be profitable. In addition, the increased consumer spending in the fourth quarter for both companies does not sustain their revenues annually. Unfortunately, the success of both companies is dependent upon factors that are uncontrollable. Both companies can gain profitability if drastic improvement occurs in the current economy. The following is......
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Approximate Word Count: 4408
Approximate Pages: 18 (250 words per double-spaced page)
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Kirklands Vs Pier One
Kirklands vs Pier One Financial Statement Analysis Kirkland's And Pier 1 Imports I. EXECUTIVE SUMMARY Kirkland's Inc. and Pier 1 Imports are among the major players represented in
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