This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Sector highlights: practicality tops the list The 2024 Boxing Day sales also saw impressive growth in categories tied to utility and everyday improvements: DIY sector revenue surged by 173% YOY driven by an increase in home improvement gifts such as tools and supplies.
According to data from eCommerce provider Visualsoft , shoppers are moving away from conventional romantic gifting and prioritising DIY, homefurnishings, and personalised presents over impulse purchases. Retailers need to embrace this shift and offer more customisable, experience-driven products to meet evolving customer expectations.”
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.
Williams, who joined Macy’s in 2004, will play a key role in identifying, developing and promoting scalable and sustainable policies, and corporate best practices to address systemic racism and social injustice.
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.
By 2032, digital will be the most important area of their business, and sectors that today have remained relatively untouched — motor vehicles and parts, convenience stores, furniture/homefurnishing stores, building material, and more — will have reinvented their digital posture and orientation.
The apparel category saw particularly marked price hikes in both July (up 15.26% ) and August (up 15.52% ), two months in which apparel prices typically drop amidst summer markdowns and back-to-school promotions.
We’re an online homefurnishing and furniture company. Expanding that “beyond” includes adding new product offerings to Overstock’s current homefurnishing focus — Johnson noted that Overstock carries about 10 million SKUs, compared to the 40 million at rival Wayfair.
So, buckle up, homefurnishings retailers; we’re ready to accelerate. We surveyed homefurnishings retailers for insights on strategies to accelerate growth. The State of the HomeFurnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success.
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.
The initiative is designed to give unwanted homefurnishings, decorations, and more a new lease of life, responding to the increasing consumer demand for more sustainable and economically accessible shopping options. The post IKEA Expands Car Boot Events to Promote Sustainable Shopping appeared first on Retail News and Events.
In a letter to shareholders , Friedman again lamented the “widespread discounting” across the homefurnishings 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 homefurnishings retailers.
Promotions and merchandising must be part of the specific messaging to establish the intent of the pop-up shop. Homefurnishings and accessories brand Sundays launched a Los Angeles pop-up experience Sept. What are you going to see from that far away? ”. The Basics of Building a Pop-Up Strategy.
The most popular sectors for retail visits are home improvement (DIY, garden centre) at 22%, fashion (21%), homeware/ homefurnishings (16%) and department stores, 14%. A great environment, attentive and knowledgeable staff is more important than just focusing on promotions.
Online retail, up 1.2%, continues to perform alongside homefurnishings and DIY stores, up 1.1% “October’s 1.3% retail sales growth reflects the rebound in consumer spending after flat sales in September,” Claire Tassin, Retail and Ecommerce Analyst at Morning Consult , said.
The most popular sectors for retail visits are home improvement (DIY, garden centre) at 22 percent, fashion (21 percent), homeware/ homefurnishings (16 percent) and department stores, 14 percent. A great environment, attentive and knowledgeable staff is more important than just focusing on promotions.
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?
How can your homefurnishings website help you get there? Research HomeFurnishings Online, Buy Offline The most prevalent consumer shopping behavior is to research online before ultimately purchasing in a showroom. Therefore a primary goal of your website is to drive educated shoppers into your homefurnishings store.
Despite the highly promotional nature of the Chinese market at the moment, Walmart’s gross profit margin was about flat in the fourth quarter of 2022. In China, year-on-year sales grew by 11.3 per cent in the fourth quarter, to $6 billion, and by 6.6 per cent on a comparable-store basis.
Chrissie Rucker, The White Company Chrissie Rucker founded The White Company back in 1994 and in the years since, has used the business’ platform to promote and raise money for her not-for-profit social enterprise with The Princes Trust.
So, buckle up, homefurnishings retailers; we’re ready to accelerate. The State of the HomeFurnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success. These positive indicators can support a successful year for homefurnishings retail.
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.
My name is Jake Egan, and I am the Senior Manager of Consulting Services for STORIS, the leading homefurnishings ERP solutions provider. With 14 years of experience, I’ve personally led implementations for homefurnishings retailers, including Ashley HomeStores, Kimbrell’s, and The Room Place.
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.
Many retailers in the homefurnishings industry are also offering Membership Programs , where customers have the option to pay to receive perks and promotional pricing all year round. STORIS is investing in our STORIS NextGen platform to help homefurnishings retailers attain brand loyalty and gain a competitive advantage.
Transitioning Away from Manual or Back-Office Ticket Writing While the legacy practice of hand-writing tickets may have served homefurnishings retailers in the past, it feels outdated and cumbersome to guests and your staff today. STORIS NextGen is the homefurnishings industry’s premier Mobile POS.
In the homefurnishings industry, where transactions can be complex and involve multiple stakeholders, quotes play an even more significant role. Flexibility to Adjust Quotes on the Fly One of the primary benefits of utilizing quotes at the point of sale is flexibility for adjusting pricing and promotions.
Many retailers in the homefurnishings industry are also offering Membership Programs , where customers have the option to pay to receive perks and promotional pricing all year round. They can proactively approach scenarios where the customer will be looking to make their next homefurnishings purchase.
We also create all of the social content to promote the shows and capture video and imagery assets during the shows.”. The big-box homefurnishings retailer made the move to expand the program in the U.S. Tenspace’s “secret sauce” is the amount of user-generated content created during shows there, says Friedman. Advertisement.
As we continue STORIS NextGen’s evolution, we share the Top 5 Areas of ROI your peers have found through our web-based, mobile solution for homefurnishings retail. When consumers lives centered around their homes, the homefurnishings industry was fortunate to experience increased demand and rapid sales growth.
Several product categories have already reached that level, including toy and hobby, office supply, consumer electronics, books and magazines, music and videos, computer hardware and software, homefurnishings, and sporting goods. “E-commerce E-commerce in the U.S.
Retailers have also reversed this, and instead of having the focus being on in-store applications, have allowed people to see products in their own homes. This is particularly good for homefurnishings, where people can place AR sofas or cabinets in their existing spaces to see how they fit and match them with other design elements.
Be that online or over the phone, customers can access the same homefurnishing expertise available instore, which has resulted in a 24 percent year-on-year growth in remote sales. In the digital space, IKEA has increased capacity and capabilities to meet its customers remotely. The post IKEA UK announces sales growth of 11.9
The more a cross-promotion feels like an event or an experience for customers, the more likely it is that customers develop an affinity with those brands. Collaborate on new products Partnering with other businesses can go beyond pop-ups or promotional offers. READ: Event marketing strategies for your small business 4.
Sales associates are at the forefront of your business, representing your brand to customers; therefore, having a dedicated and knowledgeable team is crucial to every homefurnishings retailer. Is this product or order eligible for any promotions? How do additional items on the order impact discount eligibility?
One such transformation that warrants attention is the rise of the circular economy, an economic system aimed at eliminating waste and promoting the continual use of resources. This model not only promotes product longevity but also introduces a new form of customer engagement.
Sales associates are at the forefront of your business, representing your brand to customers; therefore, having a dedicated and knowledgeable team is crucial to every homefurnishings retailer. Is this product or order eligible for any promotions? How do additional items on the order impact discount eligibility?
This winter, I enjoyed time on the road engaging firsthand with many homefurnishings retailers. Hosting a promotional event or looking to highlight strong product reviews? At the FMG Symposium, Top 100 retailers talked strategy, while Las Vegas Market buzzed with energy.
It is also about the reasons behind buying the product such as the need it fulfills, the price the customer is ready to pay, or the promotions which motivate him to fulfill the need. IKEA, one of the global homefurnishing brands based out of Sweden continues to improve its customer experience, especially in the digital space.
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.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content