Retail TouchPoints

SEPTEMBER 6, 2024

The global secondhand furniture market is growing rapidly, with a projected annual growth rate of 6.4% Already today, 10% of the secondhand home furnishing market is made up of Ikea products. So far, most of the listed products are for living room, children’s and storage products, reported Ingka.

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Inside Retail

APRIL 24, 2024

Furniture retailer Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture, for £3.5 million ($6.7 Nick Scali intends to pay $1 million to exercise the option to exit the existing distribution centre arrangement and inject up to $11.5 million of working capital.

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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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Inside Retail

JANUARY 3, 2024

Europe-based home furnishing chain Habitat has shut down all of its operations, just a month after collapsing into receivership. Conran opened his first store in Chelsea to market his Summa range of furniture. The company’s trustees have initiated a final liquidation due to the lack of cash flow and a recovery plan.

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Inside Retail

MAY 15, 2023

Lifestyle label Laura Ashley has partnered with homeware marketer Basford Brands to launch a soft furnishings range in Australia and New Zealand. Established in 1953, Laura Ashley sells a range of lifestyle products including home furnishings, women’s sleepwear, children’s apparel, accessories and hospitality experiences.

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Retail TouchPoints

SEPTEMBER 22, 2020

By becoming the first major home furnishings retailer to launch a renewed line in partnership with The Renewal Workshop, we continue to build on our industry-leading sustainability commitments to encourage further innovation for the betterment of our world.”.

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A1 Retail

OCTOBER 18, 2021

Home furnishings retailer Terrys has unveiled its brand-new online immersive shopping experience, which tailors shopping specifically by colour palette. The family run business, which has a store in Staffordshire and an ecommerce site which serves customers across the UK, specialises in homewares and textiles.

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Retail TouchPoints

DECEMBER 14, 2022

These brands and businesses, thoughtfully integrated and amplified on what we believe will be the world’s most innovative and dynamic global design platform, will begin to fundamentally change the landscape of the interior design industry.”.

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Inside Retail

MAY 24, 2022

As it unpacks the market layer by layer, Ikea’s range of services and products is constantly expanding to suit the evolving needs of Indian shoppers. We’re still in the nascent stages in terms of home furnishing category,” Kavitha Rao, India’s chief commercial officer told Inside Retail. Breakfast, biryanis, and homeware s.

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Inside Retail

MAY 28, 2023

While the Australian division of the furniture and home accessories chain hadn’t noticed a spike among particular products, the company has seen a surge in spending at the brand’s in-store restaurants – with more customers coming in, and splashing out on meatballs and lingonberry jam.

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Retail TouchPoints

DECEMBER 9, 2020

The digital version debuted in 2000, and at its peak in 2016, 200 million copies were distributed in 69 different versions, in 32 languages and to more than 50 markets. In order to reach and interact with the many people, we will keep inspiring with our home furnishing solutions in new ways.”. in a statement.

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Retail TouchPoints

OCTOBER 27, 2021

Shoppers will be able to book appointments with design specialists to help with both planning and ordering home furnishings. The stores won’t carry any inventory, but they will arrange transportation of orders either to shoppers’ homes or to other convenient points of delivery. in a statement. “By

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Inside Retail

OCTOBER 4, 2021

Home furnishing giant Ikea has launched the world’s first Ikea Close to You concept store inside the Market Place grocer in Hong Kong’s Discovery Bay. The new store was opened alongside Bread Pantry at the Market Place Discovery Bay launched last Friday (October 1).

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Retail TouchPoints

JULY 2, 2024

While we are in the very early stages of planning for the Ikea location, we can promise to deliver an experience that is full of inspiration and designed to meet the home furnishing dreams of many New Yorkers.” . “ This next phase of our investment and expansion in the U.S. in a statement.

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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. For the full year, the company anticipates net sales to increase, with Japan as the most significant market. Marimekko Group ‘s net sales increased 7 per cent to €37.7

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Retail TouchPoints

JANUARY 27, 2023

Day’s proven track record and previous success growing home furnishing brands make her the ideal candidate to run the West Elm brand,” said Alber in a statement. “We

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Retail TouchPoints

OCTOBER 1, 2024

This allows guests to experience products from Samsung as well as lighting from Philips Hue and Nanoleaf , roller shades by Eve , Aqara curtain drivers and other smart home devices from Kasa firsthand. We believe it’s the experiences you have in your space that make it a home.”

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Inside Retail

FEBRUARY 27, 2024

This is a significant investment for Ikea in cutting-edge digital AI technology which is market-leading for a home furnishing retailer in Australia,” said Giovanni Rutigliano, Ikea Australia’s digital manager.

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Retail TouchPoints

MARCH 7, 2024

Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. This acquisition doubles down on our belief in the off-price market, and its importance to building our business, improving our margin profile and growing our customer file,” said Lemonis in a statement.

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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. “We 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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Retail TouchPoints

JUNE 7, 2022

Kohl’s rejected a $64 per share offer from Starboard Value and Acacia Research in January 2022 on the grounds that it undervalued the company, but reportedly became open to lower bids due to the general market downturn and its own poor performance. The $60 per share price tag is still a significant premium over the retailer’s $45.80

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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

APRIL 15, 2022

Kohl’s has reportedly received a $9 billion takeover offer from Franchise Group , the parent company of The Vitamin Shoppe and Buddy’s Home Furnishings , three people familiar with the matter told Reuters. Franchise Group itself carried a market value of $1.6 stake in the retail holding company.

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Inside Retail

APRIL 21, 2023

The US 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 Oncu, head of Ikea Retail at Ingka Group. The expansion is a potential threat to Wayfair, At Home and other many mass-market players.

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Retail TouchPoints

FEBRUARY 20, 2024

With Dave’s extensive experience in furniture and home furnishings ecommerce and retail liquidation, I am confident he will quickly reignite the valuable Overstock brand.” “Chandra’s retail and leadership expertise and proven ecommerce track record make her an invaluable addition to our team to drive Bed Bath & Beyond forward.

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Retail Gazette

OCTOBER 7, 2024

Products will cover Dunelm’s home and furniture categories and will include the latest collections and collaborations. The home furnishings retailer reported sales were up 4.5% Dunelm CEO Nick Wilkinson said: “We’re really excited to be bringing Dunelm to Westfield. during the 26 weeks to 30 December.

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Retail TouchPoints

MARCH 17, 2022

Gen X homeowners are also 21% more likely than the average consumer to receive marketing messages in the mail and 30% more likely to use coupons — so don’t abandon your direct mail flyers yet. This might come as a surprise: As a result of the pandemic, 19% of Boomers decreased their home improvement projects.

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Retail TouchPoints

OCTOBER 30, 2020

Pier 1 Imports has officially been relaunched as an internet-first retailer selling home furnishings and accessories online. REV retained veteran Pier 1 buyers to re-engage with vendors and bring back popular merchandise, hiring 15 of the retailer’s buying, marketing and customer-support personnel. ”

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Inside Retail

AUGUST 18, 2021

The STRÖMMA offer will be made in partnership with local energy supplier Svea Solar, and will eventually brand out into other markets. “At We’re] a home furnishing company, and we want to make it easier for people to live a more sustainable life at home,” Ikea Sweden sales manager Bojan Stupar said.

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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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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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Independent Retailer

JUNE 21, 2022

Expansion in resources and programming is positioning Las Vegas Market as Summer 2022’s premier opportunity to source top furniture, gifts, and décor with new products from top lines complemented by engaging education and events. A full list of Las Vegas Market exhibitors can be found at LasVegasMarket.com/exhibitor/exhibitor-directory.

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Retail TouchPoints

APRIL 15, 2021

YoY; Furniture and home furnishings stores: Up 5.9% American households are clearly feeling the full effect of additional fiscal stimulus, gains in the job market and the reopening of the economy,” said Matthew Shay, President and CEO of the NRF in a statement. For instance, clothing and accessory store sales were up 18.3%

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Storis

MAY 29, 2024

Dropshipping is gaining momentum as streamlined supply chains become a significant competitive advantage in the home furnishings industry. Another rising use of dropshipping is to aid home furnishings and appliance service departments. This opens up avenues for store expansion and widens the markets retailers can serve.

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VMS

DECEMBER 14, 2022

In a letter to shareholders , Friedman again lamented the “widespread discounting” across the home furnishings industry. “ … While it’s been almost two years since we’ve deployed a promotional email, we’ve been receiving two sale emails per day from many home furnishings retailers.

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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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Retail Gazette

FEBRUARY 14, 2024

The home furnishings retailer reported sales were up 4.5% ” The news comes after Dunelm reported an uplift in profit in its first half yesterday, as it continued to grow its market share. during the 26 weeks to 30 December. Click here to sign up to Retail Gazette‘s free daily email newsletter

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