Rumors abound of Design Within Reach looking to sell their business. Other notable online news related to the house and home below: Decor8 is giving away Julia Rothman wallpaper valued at $250, Mayor Villaraigosa is asking LA residents to get stingy with their water use, and Woman's Day takes a look at how we lived in days' past...
Design Within Reach to Mull Options, Including Sale: "We have decided to evaluate alternatives that will best serve the interest of all of our shareholders, given our depressed share price," Chief Executive Ray Brunner said in a statement.
Decor8 + Hygge & West Wallpaper Giveaway: Our friend Holly over at Decor8 is giving away two rolls of $250 wallpaper to three lucky winners.
LA Residents Are Asked to Water Their Lawns Only Twice a Week: L.A. Mayor Antonio Villaraigosa calls for more water restrictions on Monday.
Evolution of the Household: A fascinating look at how times have changed since 1950's till today,
the wallpaper giveaway link is bunk!
view shminta's profile
I think it's inevitable that high end retailers like DWR are going to undergo a Darwinian thinning of the ranks- there's no more fictitious vapor-wealth to be found in the form of home equity lines of credit. I think DWR drank the Kool Aid a few years ago and gambled on the notion that we have entered a new era of prosperity fueled by a seemingly endless supply of cheap money and that, despite an economy that does not produce any goods, two major wars, a humongous trade deficit and quickly-mounting national debt, everything would be just dandy in the end. Sure, people will not mind paying $1500 for a table lamp because their tract home in Phoenix just went up 50% in value last year. Yeah, that's sustainable!
view hejiranyc's profile
Sorry shminta, URL was missing one character when copied and pasted. Working now.
view gregory's profile
I won't mind seeing DWR go out of business. Their merchandise is grossly overpriced.
view Jmack1's profile
if you do the research, dwr is not overpriced - most of the furniture they produce are licensed reproductions and all of it is VERY high quality, with great resale value. the furniture they sell are investments. ikea furniture is cheap because its...well, cheap.
i'm really tiring of all the complaints on this site about how expensive furniture is - quality stuff is costly and time consuming to produce. and its great to have a balance between high and low cost furniture.
i think its very poor form to be happy that a furniture establishment that produces gorgeous, high end furnishings is going out of business. some people are interested in investing in real furniture they will have forever. at the very least, its something to hope for.
view jaytee's profile
Apparently, "aspirational" retailing (i.e. the "good life" within reach) is hurting the worst of any retail category. So this isn't surprising.
view Lisa (Montreal)'s profile
Wow, Jaytee, hope you feel better now.
Yes, you get what you pay for, but sometimes quality just hurts the wallet too much. I doubt anyone will argue that IKEA is crap quality. I'd say the majority of us don't find it truly design within reach. $4000 for a sofa and lamps going for $500-$1000???? Stuff that I will tire of in 5-10 years isn't worth it.
I think it's fair that people here gripe about DWR prices. This is apartment therapy. I think the demographic tends to be people just starting out and to aybe 10 years out from that.
view Expat Decorator's profile
Sorry Jaytee, but while I agree that quality furniture is more time consuming to produce, there is a difference between exceptional quality (hand made furniture) and mass produced big name items. An Eames lounger is not hard to come by. A molded plywood chair is not made by hand. The Dover credenza, for example, has about the same quality as a Bo Concept piece and are pumped out as fast as people can buy them. Don't fool yourself thinking that you are getting exceptional quality from DWR just because the price is high. If you want quality, go to furniture makers who make one of a kind pieces- not something that you buy just so your friends recognize it from a magazine.
view Jmack1's profile
Is there really a DWR store currently goin out of business or is that just a photo shop creation?
view Dey's profile
Unfortunately, many of the mid-century (and even modern) licensed pieces that DWR sells have increased in price at many, many times the rate of inflation, when in fact the cost of manufacturing such an item in the US to the same degree of quality should be LOWER after accounting for inflation, considering the dramatic improvements in manufacturing technique since the 50's.
A friend of mine works for Knoll, and once told me that while the licensed pieces account for a very small percent of units sold, they account for a huge proportion of net revenue.
view ChristopherB's profile
Wow! I would never wish any company to go out of business. I guess people are so stuck on DWR prices that they forget there are “real people” and “real families” behind the DWR brand. I think it’s a sad day when we wish for any company working hard to succeed, to go out of business. Sad day indeed.
view Laf24's profile
Dey: that's a quicky Photoshop job...I was hoping the tacky signage would be an obvious giveaway ;)
view gregory's profile
Ugg... I really, truly hate the whining about how expensive things are. If you can't afford it - don't bitch about it & don't buy it. I want a Lamborghini...but guess what? I'll probably never own one.
Besides - its furniture - you're not supposed to redecorate your house ever 6 months. Yes, a $4000 lounge chair is an investment - one that will last your entire life (and probably your kids life too)
Seriously - think about how you realistically spend your money, and how quickly it's gone: Your $30,000 car will have almost zero resale value in a decade. Your $2000 MacBook will be obsolete in five years. Your expensive designer shoes will be out of style in 5 months. And the $7 you spend on a latte and muffin every morning will cost you $2500 this year alone.
Hell, good furniture seems like the only SMART investment these days! And - seeing as modernism is well over 100 years old - I doubt you'll get tired of it 'in 5 years'.
view Modfan's profile
I'm not complaining about how expensive things are. Some furniture is worth it. But, as ChristopherB said, the huge margins on licensed furniture is completely insane. It makes me laugh that you can't open up one issue of Dwell without seeing an Eames lounger. It's like "the" chair to have if you want to prove something. Still, I hate to see people losing their jobs. I hope for their sake that DWR stays in business.
view Jmack1's profile
The only thing I really hate about DWR is the ridiculously ironic name they chose for their company. I have no problems with thier desire to sell $1500 coffee tables and $10,000 couches, but no one appreciates the level of disconnectedness with reality implied by calling these items "within reach."
It might be a better investment than a car, but I need a car to get to work (since I live in a city with essentially no public transport) I do not however need a scandinavian hand bent sofa with tweed upolstery that costs as much as my car.
view bonjourmiette's profile
I'm not surprised Design Within Reach is going out of business. Perhaps if ANYTHING they sold was actually within the reach of real people, they wouldn't be having such a problem.
I don't want anybody to go out of business because it means people losing their jobs, but DWR should have seen this coming.
Right on bonjourmiette, btw!
view BadJuJu77's profile
Thank you, Modfan. Nice to see someone gets it.
view Seaside's profile
Thank you for posting this!
http://decor8blog.com/2009/02/05/giveaway-wallpaper-from-hygge-west/
And by the way, the value is $250 per person - it goes like this: 3 winners, 2 rolls of wallpaper each - they choose what they want from the Julia Rothman collection offered at Hygge & West.
The winners will be selected tomorrow so if you want free designer wallpaper you'll need to entry quickly.
Thank you again for slinking to this. :)
Holly
view decor8Holly's profile
As an employee of the company, I am totally shocked and disheartened but some of these comments.
What is really at the root of this disdain and anger, that’s what worries me.
We are retail outlet the same as target or saks fifth avenue, ikea or room and board. People chose to spend their money in ways that are pleasing and important to them, not what others think. Some people won’t blink an eye at spending $1000 for a dress, some other people its that way for their furniture and accessories. I think we would all be better off, especially at this critical juncture in our country, if we all could re-route this hostility into doing something positive… lets build each other up instead of tearing each other down (and that goes for companies too; because, what are companies made up of ? Employees with families and friends and lives just like you))
view friend's profile
ooooooooooooo people should save the drama for their mama's
view wampler's profile
Modfan's point is one I wish more people would consider, whether discussing a high end, mid-tier or discount business. Furniture as a disposable and fashionable purchase seems the antithesis of what is being sold at DWR from my perspective; although midcentury and modern is considered "trendy" in other parts of the country, it's just part of the decor vernacular here in California and I don't see it going out of style any time soon whether anyone is sick of it or not.
I think most of the contention here is rooted from DWR's name itself, "Design Within Reach", one that invites a bit of hostility and debate, unfair or not, since "within reach" seems highly subjective. I make a modest income, but I know if I wanted something from DWR and saved up over a certain amount of time, I could indeed afford a great deal of the products offered by the retailer. I think what people mistake is "affordability" being equated with instant gratification. In the scheme of things, DWR offers accessibility to many people who would otherwise not know about certain designs and designers; I contend remarks equating their quality to lower competition. No, it's not always the real, vintage era piece, but the products they offer can and will last a lot longer than your big box store. Ontop of that, I've only received the best service when dropping in, even if all I'm doing is window shopping.
view gregory's profile
DWR's actual stuff is fine, but the place could use a humbling up. The sales that aren't sales, the insane prices for accessories, the language of the catalogue, the "we precious few who understand" stance.
And Mayor Tony needs to find something else to do that raise more rates. I hope he gets voted out of office and has to get a real job.
view Palmetto's profile
I totally agree- it’s all about the retailer’s name. You’re completely justified being upset with DWR for their name. Design Within Reach? It’s so confusing. I recently went into a Crate and Barrel, expecting to find a store full of, well, crates and barrels and was totally disappointed.
The scary thing is the deception doesn’t stop there. Retailers everywhere are trying to pull of the same tricks with their pretty illuminated signage. I can’t wait to blog about how much I hate their name and wish they would go out of business;
West Elm- not a tree in sight
Pottery Barn- where does the cow sleep?
Saks- needed a woodwind for my kids first day of band
Safeway- well, there was a stabbing at my local Safeway. I think they should be shut down because their name is a totally lie, and their produce is sooooo overpriced.
view Laf24's profile
re: friend - i sincerely hope dwr stays afloat and you & everyone else can keep your jobs. the service i have received from dwr is great - a quality place, for sure. they have a friendly, knowledgeable staff. and fantastic furniture.
its a real shame when people want places to go out of business simply because they cant afford to shop there. bitterness is ugly.
best of luck to you - and dwr.
view jaytee's profile
does anyone know if retromodern in atlanta is out of business?
their telephone rings and rings...
their website says "new website coming soon"
http://www.retromodern.com/
view miaedu's profile
Oh. My. GOD. Are we STILL belaboring the "Within Reach" part of DWr's name???
It was NEVER meant to imply a financial aspect at all... it was meant to address availability, and lead time.
We take DWR for granted now because it opened the doors to a now-ubiquitous MCM look that was previously only available to the trade, and after waiting 12 or more weeks.
And if you think DWR is still just MCM, then you haven't been paying attention to thier catalogs.
If ANYTHING spells the demise of this (and other) companies, it's the "going public" aspect of it.
And Expat--
I think your take on the AT demographic is off.
view patrick (the other one)'s profile
Reading these comments and the defense of overpriced items makes me realize some modernists don't understand the very tenants of the modernism the Eames and the other's pioneered. Such a shame. I feel sorry for the employees of DWR but this is what happens when your priced for the top 1-10% of the population.
view iceblink's profile
As an employee of the company let me just say...We ARE NOT going out of business. We are simply a publicly owned company that is considering the option of once again being privately owned.
Yes our furniture is high-end, licensed classics...so guess what it costs more! So if you can't afford it shop elsewhere and buy knock-offs that will last you a month.
Our name...not sure how many time this must be said, but has nothing to do with price...but bringing furniture and design that was once only available only through designers, architects and the manufacturer's representatives, directly WITHIN REACH of the public.
And finally for those of you wishing for any company to go out of business simply because you cant afford what they offer is insanely unjust. Think about your friends and family and what would happen if anyone of them lost their jobs right now...and then keep wishing our economy gets worse.
view las's profile
Helloooooooooo. Anyone out there notice the above video link about a water shortage? http://www.insideurbangreen.org/2009/02/what-me-worry-.html
view Greenscaper's profile
DWR's stock hasn't gone above a dollar in months, they're desperately searching for a buyer, their catalog is infrequent and on newsprint now, and they just laid off a bunch of people at their corp office. They won't be around much longer.
view design's profile
What?! I store where I can buy a small, ugly plastic end table for $1400 is having financial trouble? Inconceivable!
view Cupajo's profile
Devil's advocate here. I don't think high licensing fees are something to complain about. Contrary to popular opinion, creative/intellectual property doesn't "want to be free." If a designer creates something classic and enduring, then he/she (or the company that took a chance on the once-radical design) is entitled to profit.
It's not as if the Eameses had a monopoly on chairs. You can find something else to sit in if you don't value their design enough to pay for it.
view Lisa (Montreal)'s profile
I find that the main issue I have with DWR is the name.
Design Within Reach? Sure not as hell within mine!
view modtramp's profile
I used to work for DWR - the reason why they chose their name was because they made it accessible for everyone to be able to purchase modern furniture by having an easy to use web page and quick shipping. It never had anything to do with price.
view modlover2's profile
we all know WHY DWR chose it's name - but it's still a dumb name, considering their price point, and the natural conclusion 99% of people would jump to upon hearing it.
view design's profile