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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. The State of the Home Furnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success.

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Ikea trials mobile checkout in Queensland stores

Inside Retail

Ikea is trialing in-store Mobile checkout in its Logan and North Lakes stores in Queensland with the aim of speeding up the buying experience at the furniture and homewares chain. Our co-workers can now also support more customers where their help is most needed, which is super important in the busy Christmas shopping period,” Becker said.

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Ikea Australia lets customers buy second-life products

Inside Retail

Once reserved online, customers can make the purchase by visiting their selected store’s As-Is area, located near the checkout area. According to research carried out by the retailer, 22 per cent of Australians buy second-hand goods all or most of the time with 21 per cent stating they completely avoid buying anything new.

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Cashierless Space Gets More Crowded: JD.Com Opens Two Autonomous Stores in the Netherlands

Retail TouchPoints

The Ochama shops, located in Leiden and Rotterdam, carry everything from food to home furnishings and are operated entirely by robots. Ochama takes a different approach from Amazon Go , which mimic traditional store shopping experiences in locations like a 10,400 -square-foot grocery store in Seattle.

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Digital Shopping Carts

Storis

Even if you are a home furnishings retailer that converts most of your revenue in your physical stores, your website plays a critical role in driving store traffic. However, there is greater conversion power in the digital Shopping Cart than meets the eye. Conversion rates increase by 28% when using a checkout progress bar.

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How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

For us, growth in online sales driven by the Covid-19 pandemic has led us to transform service formats and customer meeting points, reimagine stores as fulfilment centres, and evolve our customer service centre for customers to shop with us remotely. This story first appeared in the 2024 Australian Retail Outlook.

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Digital Shopping Carts

Storis

Even if you are a home furnishings retailer that converts most of your revenue in your physical stores, your website plays a critical role in driving store traffic. However, there is greater conversion power in the digital Shopping Cart than meets the eye. . Conversion rates increase by 28% when using a checkout progress bar.