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2024 Home Furnishings Industry Trend Guide

Storis

Download the 2024 Trend Guide Accelerating Through Innovation Furniture retailers are writing their next chapter. With the pace of innovation gaining speed, retail is ready for a thrilling next phase. So, buckle up, home furnishings retailers; we’re ready to accelerate. can also bolster sales in 2024.

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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

This ties up capital unnecessarily and may indicate excess inventory or poor inventory planning. For retailers, inventory turnover is a critical efficiency and profitability metric. Improving turnover allows retailers to increase sales without increasing inventory investment. It helps track liquidity.