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Overstock Teams with UPS to Tackle Home Furnishings Returns

Retail TouchPoints

The new doorstep returns pilot comes as Overstock.com completes its transition into a furniture-only online retailer, after 18 months spent exiting all non-home categories. This] large market provides us with additional opportunities to gain market share even if online penetration remains unchanged over the near term.

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bebe stores Acquires 47 Buddy’s Home Furnishings Franchises for $35 Million

Retail TouchPoints

has purchased 47 Buddy’s Home Furnishings rent-to-own franchises from Franchise Group Inc. This is the company’s first foray into the home furnishings vertical. The acquired Buddy’s stores have a strong and consistent record of free cash flow generation across multiple market cycles. for $35 million.

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Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Retail TouchPoints

Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its three strongest banners — Pet Supplies Plus , The Vitamin Shoppe and Buddy’s Home Furnishings — to remain in operation. 5 at its 365 locations and online.

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Bed Bath & Beyond Marketing Head Steps Down

Retail TouchPoints

Angela Hsu, Chief Marketing Officer (CMO) at Bed Bath & Beyond , has stepped down from her post. It’s been a pleasure being the CMO, transforming Overstock.com into a 100% home furnishing retailer in 2022 and swiftly relaunching as the new online Bed Bath & Beyond in August 2023,” Hsu wrote on her LinkedIn page. “It’s

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2024 Home Furnishings Industry Trend Guide

Storis

So, buckle up, home furnishings retailers; we’re ready to accelerate. We surveyed home furnishings retailers for insights on strategies to accelerate growth. More than 50% of those surveyed plan or use Generative AI for designing digital ads, writing content, and personalizing marketing.

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The Importance of Group Counting Solution in Home Furnishing Industry

V Count

The home goods industry is one of the largest markets a country’s economy depends on and the industry continues to grow despite the rising inflation and economic recession. The Covid-19 pandemic changed things for the industry as people had to stay home during lockdowns and many had to start working from home.

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Ikea Tests Peer-to-Peer Resale Marketplace in 2 European Cities

Retail TouchPoints

The global secondhand furniture market is growing rapidly, with a projected annual growth rate of 6.4% Already today, 10% of the secondhand home furnishing market is made up of Ikea products. Ikea stores around the world have long had “As-Is” sections featuring damaged and returned items at discounted prices.