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Megna, 31, who founded Dreamline Modular Homes in 2010, said almost any custom design is possible, even though the modules cant be much bigger than 60 feet by 16 feet (18 meters by 5 meters). Walls between sections can be knocked down for open-concept kitchens, and cutouts can create vaulted ceilings, he said. The house is 60 percent complete when it arrives, and that means 60 percent of the headaches of building are gone, Megna said. Industry Stigma For less-expensive homes with smaller margins for developers, transportation costs can eat up the savings of going modular. Federal restrictions also limit the size of each box, or section of home being moved, which can mean more on-site construction. Theres also the stigma, modular manufacturers say, that connects them to the industrys oldest relative. Often when we exhibit a model home at trade shows, I will hear comments like This is nice for a trailer, said Biggs of Ritz-Craft. Our homes are far from it, and in many ways higher-quality than those built on site. There doesnt seem to be any stigma for customers of Connecticut Valley Homes, a builder that assembles factory-made components on lots in New England, including near the stately mansions of Greenwich. The East Lyme-based firm isbooming at moment, with deposits for 42 houses, up about 50 percent from the same time last year, said Dave Cooper, senior building consultant. The company built only eight homes in 2011, when the housing market was hitting bottom.
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That makes it easier -- they get sized once and don't have to come back in unless they want to. Customers may stop by every few weeks and get a couple of things, or the men who come in once a season and we just wardrobe them." But, she cautioned, the system might not necessarily work for women, whose requirements around style and color and sizing are more intricate and nuanced. Nor will the Bonobos model solve the retail sector's larger problems, which accounts for around one in 10 American jobs, or the blight affecting the US main street or its declining system of shopping malls. Since October, more than 89,000 retail positions have been lost. According to some estimates, the sector is on track to lose more stores this year than during the great recession of 2008, its problems accelerating even as a consumer confidence is high and unemployment low, suggesting the changes are systemic and not cyclical. But the Bonobos deal illustrates the accelerating arms race between Amazon, valued at $423bn, and Walmart, valued at $222bn. Wall Street might love Amazon more but the Arkansas-based retailer far exceeds Amazon in earnings -- $13.6bn last year to Amazon's $2.4bn -- and it is aggressively expanding its online businesses. Last September, Walmart completed a $3.3bn acquisition of the discount and deals-driven shopping site Jet.com. It has gone on to pay $70m for footwear online retailer ShoeBuy and $51m for outdoor e-tailer Moosejaw, and agreed the acquisition of Modcloth, a vintage-inspired womenswear producer.
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