This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Consumers came out to spend this holiday season and clearly underscored the solid growth in the U.S. Even though consumers are still relatively healthy and there was a notable increase in spending, they remain budget conscious. Ecommerce, HomeFurnishings Show Strong Growth Online and other non-store sales grew 8.6%
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. As the fourth -largest online retailer of homefurnishings in the U.S., 30, 2022, and customer count dropping 22.6%.
Fewer orders, bigger baskets Although total orders were down by 15% compared to 2023, the higher AOV demonstrated consumers willingness to spend more strategically and free shipping thresholds, loyalty programmes, and bundle offers encouraged shoppers to increase basket sizes.
Less traditional gifting sectors seeing surge as DIY grows 329 percent Sales of lingerie dropped 40 percent Arts and crafts AOV up 36 percent as Brits get crafty Valentines Day shopping in 2025 has seen a dramatic shift in consumer behaviour, with traditional lingerie purchases plummeting while practical, arts, and experience-driven gifts surge.
is expanding its existing slate of design tools and services with the debut of an Interior Design Service, offering consumers and businesses the chance to connect virtually with an interior design expert to help develop any space. In true Ikea form, the service is priced affordably, starting at $99 for consumers and $299 for businesses.
“People have higher expectations for home, and a greater desire to belong in the community and social life,” says Anna Pawlak-Kuliga, Country Retail Manager and Chief Sustainability Officer for China. It was created by internal and external specialists, experts in consumer behaviour, food, expansion, mega trends, and futurology.
Created to help inspire consumers and bring the feeling of several destinations into various rooms of the home, the campaign launched May 19 and is a collaborative effort across Wavemaker, Ogilvy and Jebbit. Tapping into the platform’s 85 million+ audience of those searching for home inspiration and ways to shop, IKEA U.S.
The Adobe Index — which analyzes consumer transactions across more than 100 million SKUs in 18 categories — found that consumers have spent more than $541 billion online in the first eight months of this year, from January through August 2021. However, the report indicates that consumer fears about inflation have not been inflated.
The retailer, known for its selection of quality bedding, curtains, and home décor, has opened a new 1,800 sq ft store. Julian Charles, with a history dating back to 1947, has established itself as a significant player in the homefurnishing sector with over 70 outlets across the UK.
The multi-category home company was founded as an online-only business in 2014 and has since expanded into brick-and-mortar with 13 storefronts, recently launched in Canada and continues to grow its category assortment, which now includes mattresses, apparel and furniture.
Mothers Day 2025 has highlighted a significant shift in UK consumer behaviour, with a clear move towards thoughtful and enduring gifts. Jen Pollard, Senior Analyst at Visualsoft, commented: This Mothers Day, weve observed a meaningful shift in consumer behaviour. Jewellery mobile orders comprised 81 percent of total purchases.
During the pandemic, the relationship between homeowners and their homes fundamentally changed, as lockdowns, social distancing guidance and quarantine protocols left many consumers with an abundance of time to stare at their own four walls. This makes them a great target audience for brands in the home improvement space.
. “Investing in Fifth Avenue goes beyond just growing our footprint; it’s about changing the way we engage with consumers and playing a part in creating strong, sustainable economies and business communities,” said Peter van der Poel, Managing Director of Ingka Investments in a statement. in a statement.
Consumers spending on apparel rose by 6.7 per cent and homefurnishings at 2.4 Despite inflationary pressures and rising living costs, retail spending increased 1.7 per cent in December, according to the Mastercard SpendingPulse report, released by the Australian Retailers Association. per cent, on groceries by 6.6
Releasing the latest monthly Mastercard SpendingPulse data this morning, that covers June, Zahra says consumer spending continued its strong trajectory, rising 11.1 per cent, on homefurnishings by 6.5 We are operating in an inflationary landscape, where consumer prices are increasing, which impacts overall retail trade numbers.
Jonathan Johnson, CEO of the homefurnishings retailer formerly known as Overstock.com , which operates as Bed Bath & Beyond , will step down from his post as well as the company’s board of directors, effective immediately. Beyond, Inc.
And, potentially the biggest winner out of the entire lockdown-related shift in consumer spending, homefurnishing, also saw strong growth at 245 per cent. Luggage sales were also up 830 per cent, with many Australians preparing for a potential return to international and domestic tourism.
YoY; Furniture and homefurnishings stores: Up 5.9% Although there have been some recent issues related to vaccines, consumer confidence remains high and an optimistic outlook for the future continues to grow. For instance, clothing and accessory store sales were up 18.3% month-over-month seasonally adjusted, and up 104.6%
The decline occurred despite muted inflation of just 0.1% , according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). decline, furniture and homefurnishings stores reported a 2.6% Retail sales fell 0.6% in November 2022 compared to the previous month, though they were up 6.5% Department stores saw a 2.9%
Shoppers will have access to Overstock’s assortment of homefurnishings as well as the kitchen, bedding and bath-related products that defined Bed Bath & Beyond’s offerings for three decades. Bed Bath & Beyond is an iconic consumer brand, well-known in the home retail marketplace. in the coming weeks.
While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” said Matthew Shay, President and CEO of NRF. unadjusted year-over-year; Furniture and homefurnishings stores : Up 2.1% The NRF’s numbers were also up 8.5%
The changes only occur on the business’s back end, with Target and Kmart remaining separate consumer-facing brands and store staff unaffected, Bailey was quoted by the Australian Financial Review (AFR) as saying. Kmart will continue to be price-driven and Target largely centred on affordable apparel and soft homefurnishings, he added. “I
that enables IKEA Family loyalty program members to purchase home solar solutions that can generate and store their own renewable energy. “We We are committed to continuing to grow in this market with our thousands of co-workers and millions of customers who look to Ikea for homefurnishing inspiration and solutions at an affordable price.
In combination with changes in worker attitudes and consumer behavior, these shifts have weakened the industry’s long-standing low-wage model. Kotlyar predicted that remote consultations with associates will expand beyond apparel into the electronics and homefurnishings verticals.
Mitchell joins Macy’s from Boston Consulting Group (BCG), where he was a Managing Director and Partner in the Digital BCG and Consumer Practices division.
We’re still in the nascent stages in terms of homefurnishing category,” Kavitha Rao, India’s chief commercial officer told Inside Retail. Food is an important part of Indian consumers’ lives,” said Kavitha Rao, India’s chief commercial officer. Once the consumers visit, they’re completely sold on to the idea of the concept.
The most common challenge vocalized by homefurnishings retailers in 2019 was how to increase store traffic. The post Seamless Shopping Journeys Attract Today’s HomeFurnishingsConsumers appeared first on STORIS. Needless to say, I left the store completing my purchase and gained more trust in this brand.
Bunnings’ botched DIY job on Homebase involved switching its soft furnishings – which was its clear differentiator from market leader B&Q – for the Aussie retailer’s no-nonsense DIY sheds filled with power tools galore. For the year ending 29 December 2019, it delivered £3.2m EBITDA, compared with a £114.5m
So, buckle up, homefurnishings retailers; we’re ready to accelerate. We surveyed homefurnishings retailers for insights on strategies to accelerate growth. The State of the HomeFurnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success.
Economic headwinds are likely to blow harder when consumers’ savings from the pandemic dwindle, which a Charles Schwab analyst believes could happen by Q3. There is built-up excess savings — estimates vary in the $1.5 to $2 trillion range — and that has been fueling consumption.
Valentines Day shopping in 2025 has seen a dramatic shift in consumer behaviour, with traditional lingerie purchases plummeting while practical, arts, and experience-driven gifts surge.
The 15,000 jobs added by department stores in March were not enough to offset significant losses in other retail verticals, including appliances, consumer electronics, furniture and homefurnishings, according to the Bureau of Labor Statistics. The retail industry lost 15,000 jobs in March.
However, beauty brands and other companies in various retail sectors have been integrating AR technology into the consumer shopping experience since well before 2020. This allowed consumers to “try out” a piece of furniture and get a feel for whether or not it would work. In 2020, 83.1 million in the year prior.
Under lenient returns policies, retailers tend to be too quick to blame high returns on so-called “opportunistic renters” — consumers who buy with the intention of returning the item rather than keeping it. Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next.
Overall, online physical goods GMV grew 21% YoY in fiscal year 2021, driven primarily by the FMCG [ fast moving consumer goods ] and homefurnishings categories. The company also pointed to increasing engagement among existing consumers as a growth driver. billion ) in fiscal year 2021.
The company was founded to simultaneously fulfill a consumer need and do good in the world by giving a second chance to traditionally short-lived baby gear, and it handles everything from pickups to confirming the quality of items prior to selling. “I
Eric Hutchinson, Founder of Resident , talked about how the direct-to-consumer seller and distributor of mattresses used its algorithms to identify those customers most likely to be more comfortable with in-person shopping and direct them to retail partners’ stores. The company hired more than 500.
That means more consumers are venturing out into the world — and going back into stores. Research from Springboard points to similar results: the company’s latest Retail Consumer Survey indicated that 56% of consumers were “very” or “completely comfortable” visiting brick-and-mortar destinations, a steady increase from the 50% figure in May.
For retailers already navigating wholesale shifts in consumer behaviour, this can seem an expensive and unnecessary headache, and the kneejerk reaction is to disincentivise returns to preserve profitability and reduce churn. However, this approach is short-sighted and ignores the clear message that returns are sending us.
The store launch of sleep technology and homefurnishings brand Sleep.8, 8, complemented with interior pop-ups Libby Blakey Designs and Mews Furnishings highlights our responsive shops on demand leasing strategy.
Homefurnishing brand Cloth & Company is working with 3D asset creation and management provider All3D to help even small retailers and designers overcome this challenge through the creation of virtual showrooms using 3D rendering software.
The textiles, clothing, and homefurnishings company saw its Finland sales rise by 8 per cent while international sales increased by 6 per cent. However, the weak general economy and low consumer confidence have impacted sales in the country in the first quarter. Marimekko Group ‘s net sales increased 7 per cent to €37.7
The jump in consumer spending after three consecutive months of declines is largely attributed to the $600 stimulus payments shoppers received as part of the $900 billion package passed by Congress in December 2020 to counteract the economic impact of the ongoing pandemic. increase from December 2020, according to the U.S. Census Bureau.
. “We’re thrilled to collaborate with Samsung to elevate the homefurnishings industry in ways that have never been done before,” said Chad Spencer, CEO of the Dufresne Spencer Group, the largest licensee of Ashley stores. “Samsung wants to remove the barrier to shopping for smart technology.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content