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
One of the challenges homefurnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. Managing your inventory is a sophisticated balancing act. Instead of stocking up on merchandise, order smaller shipments to replace your inventory as you forecast and fulfill orders.
One of the challenges homefurnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. Managing your inventory is a sophisticated balancing act. Speak to a HomeFurnishings Retail Expert. Just-In-Time InventoryManagement. Request a Demo.
The firm’s Retail & Consumer Products practice, which conducted analysis for the report, expects U.S. Several product categories have already reached that level, including toy and hobby, office supply, consumer electronics, books and magazines, music and videos, computer hardware and software, homefurnishings, and sporting goods. “E-commerce
A Key HomeFurnishings Technology Trend. Technology acceleration matters to your homefurnishings retail business. Why Does Extensibility Matter to You as a HomeFurnishings Retailer? How your central technology consumes and presents multiple sources of data is important to your success.
Transitioning Away from Manual or Back-Office Ticket Writing While the legacy practice of hand-writing tickets may have served homefurnishings retailers in the past, it feels outdated and cumbersome to guests and your staff today. STORIS NextGen is the homefurnishings industry’s premier Mobile POS.
While homefurnishings retailers face unprecedented challenges, our industry has a history of resilience. Currently, the effects of production halts, labor shortages, raw material delays, and logistical challenges are compounded in the homefurnishings industry. Lead Time Management. Request a Demo. Request a Demo.
Given the large scale of homefurnishings, showrooms can only display a fraction of the vast inventory that retailers could potentially offer, leaving customers with limited choices and potentially driving them to seek alternatives elsewhere. In furniture retail, space is a premium commodity.
While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online homefurnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans.
It calculates the number of times average inventory is sold during a period. A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventorymanagement practices. A lower turnover ratio means inventory sits on shelves longer before being sold.
Consumer confidence has long been a critical indicator of economic health, especially for the homefurnishings industry, where major purchases often hinge on consumers’ sense of financial security. points from the previous month, signaling a cautious consumer mindset. in December, a decrease of 8.1
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