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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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

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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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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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

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

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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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

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

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 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

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

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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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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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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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

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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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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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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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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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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Inside Retail

MAY 13, 2021

Global Retail Brands Australia (GRBA) is making an aggressive push into the home furnishings market with the launch of a new brand, House – Bed & Bath. This provides the environment to introduce quality and price pointed accessibility of our brands to new markets across Australia,” Lew said.

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V Count

NOVEMBER 2, 2022

The home goods industry is one of the largest markets a country’s economy depends on and the industry continues to grow despite the rising inflation and economic recession. The Covid-19 pandemic changed things for the industry as people had to stay home during lockdowns and many had to start working from home.

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Retail TouchPoints

DECEMBER 31, 2021

Tech training can create a more attractive job for some employees, because it’s a marketable skill,” said Kotlyar. Kotlyar predicted that remote consultations with associates will expand beyond apparel into the electronics and home furnishings verticals.

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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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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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Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

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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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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

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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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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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. . “When it comes to makeup, I always say, ‘use without caution,’ and now you can shop without caution, too.”

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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

MARCH 28, 2023

Obviously, retailers can generally recapture more value from returned items when they can charge more for them — either by negotiating better deals with clearance partners (such as TJ Maxx for apparel and Overstock.com for home furnishings) or setting up their own clearance outlets.

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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. In 2020, Alibaba Group was ranked third globally and first in the Asia-Pacific region in the global Infrastructure-as-a-Service market, according to Gartner.

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Retail Focus

OCTOBER 27, 2021

Items featured in the boutique include timeless womenswear and menswear ranges, alongside luxurious textile accessories and woven home furnishings. . Rene Frion, Business Director of Kildare Village, commented: “Kildare Village offers a unique and evolving mix of brands, and we are thrilled to welcome Johnstons of Elgin.

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Retail TouchPoints

FEBRUARY 17, 2021

Electronics and appliances as well as furniture and home furnishing stores both marked double-digit increases over the previous month. Every major category saw spending increases, including the food and drink establishments hit hard by the pandemic. These saw a 6.9%

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