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IKEA trials “Home Experience of Tomorrow” concept store

Retail Focus

Called the “Home Experience of Tomorrow”, the transformation includes an innovative new design and incorporates new technology, new ways to shop, and a focus on emotional and empowering customer experiences. The essence of retail is to serve people. Open meeting places are designed to encourage interaction and community.

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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 265
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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 266
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After 70 Years, IKEA Disassembles Both Print and Digital Catalogs

Retail TouchPoints

Turning the page with our beloved catalog is in fact a natural process since media consumption and customer behaviors have changed. In order to reach and interact with the many people, we will keep inspiring with our home furnishing solutions in new ways.”.

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IKEA Planning Studio Concept Heads West With Two Los Angeles Stores

Retail TouchPoints

The shops will focus on providing inspiration and smart home solutions for city living as part of IKEA’s efforts to better meet the needs of its California customers. Shoppers will be able to book appointments with design specialists to help with both planning and ordering home furnishings.

Planning 255
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Opinion: Don’t make your returns problem an experience problem

Inside Retail

Retailers confronted with a substantial number of online returns need to approach the problem not from a cost and logistics perspective, but from the vantage point of an end-to-end customer experience. This personalised experience builds trust and confidence not only in the purchase but in the retailer, who delivered it.

Returns 246
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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

YoY; Furniture and home furnishings stores: Up 5.9% For instance, clothing and accessory store sales were up 18.3% month-over-month seasonally adjusted, and up 104.6% unadjusted YoY. Results in other categories included: Sporting goods stores: Up 23.5% month-over-month, up 78.2% month-over-month, up 49.6% month-over-month, up 32.4%