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The season also marked the continuation of trends first seen during Black Friday and Cyber Monday sales, with Black Friday setting the tone for a practical and planned-out festive period. Early promotions captured a significant share of the festive budget, allowing consumers to plan purchases while taking advantage of discounts.
Ikea has turned its empathy into action by helping drive the construction of a Small Home in San Antonio’s Towne Twin Village that is grounded in trauma-informed design and now serves as the residence for a formerly homeless person. It’s a philosophy that supports healing, reduces the risk of re-traumatization and promotes overall wellbeing.
For brands and retailers, that translates to taking the time to explain the process for home improvement projects and providing content that dives into the details on major homefurnishings purchases. Our data indicates consumers plan to continue their homefurnishings and home improvement purchases well into the future.
While some fallen retailers return as “ghost IPs” that exist only to wring the final few dollars out of their names, Overstock CEO Jonathan Johnson has far more concrete plans for the company’s acquisition of Bed Bath & Beyond’s intellectual assets. We’re an online homefurnishing and furniture company.
The homefurnishing 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.
So, buckle up, homefurnishings retailers; we’re ready to accelerate. We surveyed homefurnishings 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.
Promotions and merchandising must be part of the specific messaging to establish the intent of the pop-up shop. After identifying a purpose for planning a pop-up experience, Mardi Najafi, VP of Retail Strategy and Design at FIGUR3 leads brands through the early planning stages. “[We] Preparing to Pop-Up Through Smart Planning.
The homefurnishing 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.
That plan was disclosed by CEO Gary Friedman in the company’s third quarter earnings call , though he didn’t offer details on the upcoming brick-and-mortar initiatives. Upscale furniture maker RH (Corte Madera, Calif.) will remodel all of its stores and introduce a new gallery design as it looks toward the coming year.
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. A great environment, attentive and knowledgeable staff is more important than just focusing on promotions.
YouGov study commissioned by Gekko finds millions planning shopping spree ‘Retail as leisure’ as consumers combine shopping with eating out and socialising 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.
In order to keep up with the Prime Day competition and make sure their products don’t get lost in the shuffle, many companies have come up with creative ways to offer their own deals and promotions during this buying period. The promotion includes discounts on thousands of items, including TVs, laptops and kitchen appliances.
Your Brand’s Online Reputation Impacts Customer Perception Your homefurnishings business’ reputation is an important part of your brand. Homefurnishings retailers have it in their power to convey consumer trust, exceptional customer service, and their brand’s aesthetic. Why get Social?
So, buckle up, homefurnishings retailers; we’re ready to accelerate. More than 50% of those surveyed plan or use Generative AI for designing digital ads, writing content, and personalizing marketing. How is your business currently leveraging or planning to leverage AI? These generations have an affinity for technology.
In today’s rapidly evolving technology landscape, retail businesses are realizing the need for modern Enterprise Resource Planning (ERP) systems to streamline operations, enhance efficiency, drive growth, and increase extensibility. Let’s dive in! Industry expertise is a key STORIS differentiator.
One of the challenges homefurnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. Speak to a HomeFurnishings Retail Expert Request a Demo Discover how STORIS' integrated technology can help you gain better control of your inventory and reduce inventory surplus.
One of the challenges homefurnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. Speak to a HomeFurnishings Retail Expert. Having a homefurnishings eCommerce website enables you to reach a broader audience, increasing the market for your excess inventory.
75% of consumers indicate a strong preference for shopping at retailers that offer consistent pricing, promotions, and product assortment across all channels. STORIS’ Unified Commerce solution is developed to help homefurnishings retailers maximize their revenue potential across channels.
We also create all of the social content to promote the shows and capture video and imagery assets during the shows.”. which announced plans in November to team up with online resale platform ThredUP (Oakland, Calif.) The big-box homefurnishings retailer made the move to expand the program in the U.S. Broomfield, Colo.),
In the northwest, three Plan & Order Points (smaller stores dedicated to kitchen, bedroom, and living room planning) in Aintree, Stockport and Preston have improved access to free planning support for millions. IKEA UK announces sales growth of 11.9 The post IKEA UK announces sales growth of 11.9
Data visualizations empower homefurnishings retail executives to unlock critical trends hidden within their business data. For instance, monitoring sales across quarters reveals peak shopping periods, enabling proactive inventory planning.
Written for the HomeFurnishings Association’s Educational Series In a world before showroom technology , it was inefficient to track non-purchasing guests. STORIS provides modern retail software solutions to homefurnishings retailers. Often the efforts spent on these guests went out the showroom doors with them.
Written for the HomeFurnishings Association’s Educational Series In a world before showroom technology , it was inefficient to track non-purchasing guests. STORIS provides modern retail software solutions to homefurnishings retailers. Often the efforts spent on these guests went out the showroom doors with them.
These are strong indicators that the housing market will gain momentum, benefiting retailers as these buyers furnish their new homes. Why Retail Executives Should Be Optimistic The housing market and the homefurnishings industry are intrinsically linked.
The ability to offer messaging and promotions based on customer context is a key differentiator in today’s marketplace. They seek out relevant product promotions and offers. STORIS' Unified Commerce Solution is fully integrated furniture ERP software developed with 30 years of homefurnishings industry expertise.
The average ticket (AUR) continues to be down to last year as retailers are still extremely promotional as they move through inventory. Athleisure and lounge wear also continue to sell to provide the utmost comfort for those teaching, learning, and working from home. .
Converting non-purchasing guests and capturing repeat business are crucial tactics to expanding the homefurnishings market share. Showcase Price Quotes and Promotional Incentives: Ensure pricing transparency by including a quote that breaks down the pricing by product, delivery fees, and protection plan subtotals for clarity.
By including high-quality photography of the exact items they browsed, these emails promote product recall and become more engaging. Effective examples include how the customer plans to use the item, key project details, familial connections, or lighthearted details like their favorite sports team.
This ties up capital unnecessarily and may indicate excess inventory or poor inventory planning. Slow turnover may signal excess inventory or poor inventory planning. This leads to lower turnover of 3-4x across furniture and homefurnishings. This indicates strong sales and effective inventory management practices.
Consumer confidence has long been a critical indicator of economic health, especially for the homefurnishings industry, where major purchases often hinge on consumers’ sense of financial security. For homefurnishings retailers, this index offers more than a snapshot of economic sentiment.
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