Retail TouchPoints

APRIL 20, 2023

is one of our most important markets, and we see endless opportunities to grow there and get closer to the many Americans with affordable products and services,” said Tolga Öncü, Head of Ikea Retail, Ingka Group in a statement. The new facilities and services are expected to create more than 2,000 jobs. We know U.S. in a statement. “We

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Storis

JANUARY 22, 2024

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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Inside Retail

OCTOBER 24, 2023

” There are real benefits to being able to virtually try on products online, as Stephanie Horton, senior director of commerce marketing at Google, pointed out in an official statement about the launch. 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

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Storis

AUGUST 31, 2020

The most common challenge vocalized by home furnishings retailers in 2019 was how to increase store traffic. Written by Kristi Keyser, STORIS Marketing Specialist. Kristi jumped into the marketing field interning for STORIS while in college. Not only did I feel safe shopping in-store, the sale was quick and efficient.

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Home Furnishings Shopping Consumer Customer Experience 52

Retail TouchPoints

JANUARY 24, 2023

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.

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Retail TouchPoints

JULY 27, 2021

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.

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Retail TouchPoints

MARCH 28, 2023

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. Setting the ideal returns policy for your business, therefore, will require working across marketing and operations silos.

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Inside Retail

MAY 16, 2024

The textiles, clothing, and home furnishings 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

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Inside Retail

NOVEMBER 16, 2023

Through this rebranding, we’re breathing new life into Bed Bath & Beyond, positioning it as an asset-light, e-commerce retailer with an expanded home furnishings and furniture assortment. The second, is that Overstock continues to fall off the consumer radar and is not drawing in customers, even to browse, like it used to.

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Retail TouchPoints

FEBRUARY 17, 2021

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.

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Retail TouchPoints

OCTOBER 1, 2024

. “We’re thrilled to collaborate with Samsung to elevate the home furnishings industry in ways that have never been done before,” said Chad Spencer, CEO of the Dufresne Spencer Group, the largest licensee of Ashley stores. We believe it’s the experiences you have in your space that make it a home.”

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Home Furnishings Consumer Shopping Planning 144

Retail TouchPoints

OCTOBER 27, 2022

With their in-experience earnings, residents can invest in accessories for their avatars and pets; build, decorate and personalize their homes; purchase vehicles to cruise the town in; and gain access to special events and partner experiences.

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Retail TouchPoints

JULY 2, 2020

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.

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Home Furnishings Consumer Customer Experience Returns 235

Inside Retail

MARCH 10, 2022

Uniqlo owner Fast Retailing Co on Thursday said it would suspend operations in Russia, in a U-turn by the Japanese fast-fashion giant which had indicated it would stay in the market after Moscow’s invasion of Ukraine. The company has more than 800 stores in China, about the same as in its home market of Japan.

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Home Furnishings Fast Fashion Fashion Marketing 130

Retail Gazette

SEPTEMBER 9, 2024

The Cotswold Company hailed a strong start to the year as its sales growth outpaced the broader home and furniture market. Sales for the home furnishings r etailer jumped 15% to £40.1m in the six months to 25 August, up from £35m last year. It’s ecommerce business represents 80% of sales.

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Retail TouchPoints

DECEMBER 6, 2021

Home furnishing 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.

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Retail TouchPoints

MAY 13, 2021

Overall, online physical goods GMV grew 21% YoY in fiscal year 2021, driven primarily by the FMCG [ fast moving consumer goods ] and home furnishings categories. The company also pointed to increasing engagement among existing consumers as a growth driver. billion ) in fiscal year 2021. Cloud Computing — As with its U.S.

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Retail Gazette

FEBRUARY 14, 2024

Dunelm saw an uplift in profit and sales during its first half, as it continued to grow its market share. for the half to 30 December to reach £123m for the home furnishings retailer as sales advanced 4.5% Profit rose 4.8% The business saw a 4.2% ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Home Furnishings Shopping Consumer Marketing 111

Retail Gazette

JANUARY 2, 2024

The Cotswold Company’s sales jumped over the golden quarter as consumers refreshed their homes ahead of Christmas. The home furnishings retailer saw orders surge 13% to £16.4m in the nine weeks to December 31, up £1.8m on the same period last year and 64% on pre-Covid results.

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Retail TouchPoints

OCTOBER 5, 2022

Despite their temporary nature, pop-up shops are intended to make a lasting impression on visitors through offering extraordinary consumer journeys. One thing that is consistent through all of our pop-ups is the consumer journey,” said Giovanni Zaccariello, SVP of Global Visual Experience at Coach in an interview with Retail TouchPoints. “My

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Indigo 9 Digital

FEBRUARY 13, 2023

By Tricia McKinnon Wayfair is more than just a pretty website, the company has been able to penetrate the online home goods market in a way that few competitors including Amazon have been able to. Wayfair launched after it consolidated 250 individual websites selling home furnishings into a single brand called Wayfair.

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Inside Retail

MARCH 5, 2024

Ikea have established themselves as an affordable and accessible homewares brand for Australian consumers but they are showing no signs of slowing down. IR : What are your expectations for consumer sentiment and spending in the year ahead?

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Retail Gazette

NOVEMBER 13, 2024

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. Thought Provoking Consulting partner Richard Hyman says Homebase lost its relevancy.

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Inside Retail

MARCH 20, 2023

Earlier this year, Shopee released its annual consumer trends report with insights about the way online shopping behaviour has changed across its five key markets in Southeast Asia, namely Singapore, Malaysia, Indonesia, Vietnam and the Philippines. We have also noticed an increase in younger shoppers on our platform.

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Inside Retail

JUNE 14, 2023

He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. In terms of online shopping, New Zealand rates highly compared to many markets. But the development and popularisation of online shopping has enabled the company to reach more people.

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Retail Gazette

JANUARY 15, 2024

However, there will be winners and losers across the sector with market conditions favourins some businesses and smart strategic moves setting others apart. Susannah Streeter Head of money and markets Hargreaves Lansdown Winner: Marks & Spencer “Marks and Spencer is on a roll and looks set to continue to be a winner in 2024.

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Home Furnishings Beauty and Health Returns Finance 114

Retail Times

DECEMBER 3, 2021

The West Sussex-based home furnishing retailer Swyft Home, known as a disruptor in its market, has secured a £1m invoice discounting facility from the alternative funder Growth Lending to support the company’s strong direct-to-consumer sales strategy and drive its business-to-business sales.

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Home Furnishings Consumer Marketing 52

Retail TouchPoints

DECEMBER 9, 2020

an on-demand custom furnishings company driven by consumer needs and led by a devotion to technology, design and environmental responsibility. Phillip Raub: The furniture industry hasn’t evolved in decades, although environmental and consumer needs have. respond to consumers’ shifting needs? RTP: How does Model No.

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Mass Relators

APRIL 13, 2021

WASHINGTON – Former Macy’s executive Martine Reardon is joining the National Retail Federation as chief marketing officer and executive vice president of content and membership. She served as Macy’s chief marketing officer from 2012 through 2016. She served as Macy’s chief marketing officer from 2012 through 2016.

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Inside Retail

OCTOBER 5, 2023

Corr is the founder and principal of Retail Network Strategies which is redefining the approach to developing retail store networks, by working with landlords and store owners to develop a collaborative approach to lease negotiations aiming to put the consumer first, to the benefit of all parties.

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Home Furnishings Fulfillment Consumer Shopping 130

Inside Retail

FEBRUARY 28, 2024

It stays out of trouble by not taking sides on issues that don’t concern its business directly, and by not falling for trendy marketing ideas that will alienate its core customer base. Walmart believes it achieved market share gains among higher-income brackets, suggesting that more affluent households have been trading down.

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Mass Relators

JUNE 15, 2022

WASHINGTON – Retail sales slowed in May as consumers faced continuing inflation and higher prices for essentials like food and gasoline, the National Retail Federation said Wednesday. Furniture and home furnishings stores were down 0.9% Census Bureau today said overall retail sales in May were down 0.3% year over year.

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Independent Retailer

NOVEMBER 30, 2021

From those purchasing packaged coffee all the way to those making larger purchases such as home fitness equipment, Alter Agents saw that behavior is definitely changing and that it varies greatly from category to category. . If word-of-mouth is not a huge influencer in your category, perhaps you shift focus to other marketing vehicles. .

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Home Furnishings Consumer Marketing Shopping 91

Storis

DECEMBER 2, 2024

As the housing market gears up for a significant rebound, furniture and appliance retailers stand for a promising surge in demand. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR) , forecasts a 9% increase in home sales for 2025 and a 13% rise for 2026. It’s important to make a great first impression.

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Independent Retailer

DECEMBER 2, 2022

Even though things may look a little different this year in terms of what consumers are buying and how much money they are spending, studies are showing that retail spending numbers are still up. Online retail, up 1.2%, continues to perform alongside home furnishings and DIY stores, up 1.1% Slow Holiday Sales Growth.

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365 Retail

MARCH 17, 2023

As the UK heads towards the spring and an enhanced bank holiday season, millions of consumers have revealed they are planning to go shopping on the forthcoming Bank Holiday weekends. These are some of the findings of a new research report commissioned by creative customer experience marketing agency Gekko and carried out by YouGov.

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Mass Relators

AUGUST 17, 2022

WASHINGTON – Core retail sales as calculated by the National Retail Federation rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains as consumers kept shopping despite high inflation, NRF said Wednesday. percent unadjusted year over year.

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