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2024 Home Furnishings Industry Trend Guide

Storis

So, buckle up, home furnishings retailers; we’re ready to accelerate. To accelerate, “the architectural makeup of retail systems must work in harmony across all platforms to accommodate customers. Retail is positioned for a transformative reinvention of the guest experience.

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Seamless Shopping Journeys Attract Today’s Home Furnishings Consumers

Storis

The most common challenge vocalized by home furnishings retailers in 2019 was how to increase store traffic. Retailers are finding that customers venturing to their stores are qualified buyers in the late stages of their research, ready to make a purchase; just like I was.

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Ikea Owner Takes Stake in New Fifth Avenue Office Tower, Plans NYC Store

Retail TouchPoints

The investment is part of Ingka Group’s ongoing strategy to adapt to urban growth and changing consumer shopping preferences with the introduction of new retail formats in city centers and innovations in the digital customer experience. “ This next phase of our investment and expansion in the U.S. in a statement. .

Planning 279
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Ikea seals three-year contract with Australia Post to deliver small parcels

Inside Retail

Ikea Australia CEO and chief sustainability officer, Mirja Viinanen, (pictured above with Australia Post CEO and MD Paul Graham) said that while the brand is famous for its flatpack furniture, many of its customers do not always realise that much of the Ikea home furnishing range is available to them in a parcel via the post.

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Guest Post: Understanding Digital Customer Experience in Retail Industry

Hyken

He shares how retailers can understand the digital customer experience in the retail world. Did you know that 70% of consumers have stopped doing business with a brand following a poor customer experience? An experience through the customer’s buying journey is quite crucial and must be addressed by the retailers.

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Retail Sales Drop 0.6% in November, but NRF Expects Flat Return Rate Despite Higher Sales

Retail TouchPoints

decline, furniture and home furnishings stores reported a 2.6% This will minimize the risk of accepting fraudulent returns while enhancing the customer experience for loyal shoppers.”. The decline occurred despite muted inflation of just 0.1% , according to the Bureau of Labor Statistics’ Consumer Price Index (CPI).

Returns 290
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Ikea U.S. Launches Virtual Interior Design Service for Consumers and Businesses

Retail TouchPoints

The Ikea designer and customer will then communicate through three virtual, one-on-one sessions, via the Ikea website and videoconferencing, to develop an inspirational mood board, floor plan, elevations, detailed 3D renderings, lighting plan, curated product list, home furnishing tips and material suggestions.

Consumer 275