Inside Retail

JANUARY 17, 2023

Consumers spending on apparel rose by 6.7 per cent, jewellery 2 per cent, and at restaurants by 1.8 Year-on-year sales were down for fuel and convenience at 4.1 per cent and home furnishings at 2.4 Despite inflationary pressures and rising living costs, retail spending increased 1.7 per cent, lodging 4.1

Apparel 246

Apparel Home Furnishings Consumer ATS 246

Retail TouchPoints

NOVEMBER 6, 2023

Jonathan Johnson, CEO of the home furnishings retailer formerly known as Overstock.com , which operates as Bed Bath & Beyond , will step down from his post as well as the company’s board of directors, effective immediately. Beyond, Inc.

Home Furnishings 249

Home Furnishings Finance Consumer ATS 249

Retail TouchPoints

JANUARY 26, 2022

The multi-category home company was founded as an online-only business in 2014 and has since expanded into brick-and-mortar with 13 storefronts, recently launched in Canada and continues to grow its category assortment, which now includes mattresses, apparel and furniture.

Home Furnishings 222

Home Furnishings Apparel Marketing Consumer 222

Inside Retail

MAY 24, 2022

We’re still in the nascent stages in terms of home furnishing category,” Kavitha Rao, India’s chief commercial officer told Inside Retail. It’s not about capturing at the market share but growing the market itself. First, we will look at megacities and then large cities,” said Rao. No Indian city is similar to another.

Home Furnishings 147

Home Furnishings Consumer Marketing Accounting 147

Retail TouchPoints

MARCH 17, 2022

During the pandemic, the relationship between homeowners and their homes fundamentally changed, as lockdowns, social distancing guidance and quarantine protocols left many consumers with an abundance of time to stare at their own four walls. 283% more likely to say a home improvement purchase is in their near future.

Home Furnishings 263

Home Furnishings Shipping Outdoor Consumer 263

Retail TouchPoints

DECEMBER 16, 2022

The decline occurred despite muted inflation of just 0.1% , according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). decline, furniture and home furnishings stores reported a 2.6% NRF expects a small bump in returns at the end of the year with 17.9% Retail sales fell 0.6% Department stores saw a 2.9%

Returns 265

Returns Home Furnishings Department Stores Customer Experience 265

Inside Retail

OCTOBER 24, 2023

The future of augmented reality (AR) in retail was on full display at a pop-up event hosted by makeup brand Pat McGrath Labs and Google earlier this week. However, beauty brands and other companies in various retail sectors have been integrating AR technology into the consumer shopping experience since well before 2020. In 2020, 83.1

Shopping 245

Shopping Home Furnishings Consumer Returns 245

Inside Retail

OCTOBER 17, 2021

And, potentially the biggest winner out of the entire lockdown-related shift in consumer spending, home furnishing, also saw strong growth at 245 per cent. Luggage sales were also up 830 per cent, with many Australians preparing for a potential return to international and domestic tourism.

Home Furnishings 264

Home Furnishings Returns Consumer ATS 264

Mass Relators

APRIL 12, 2024

WASHINGTON – Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor , powered by Affinity Solutions, released today by the National Retail Federation. “As Furniture and home furnishings stores were down 1.46% month over month seasonally adjusted and down 5.28% year over year unadjusted.

Sporting Goods 52

Sporting Goods Home Furnishings ATS Merchandise Store 52

Mass Relators

FEBRUARY 23, 2024

NEW YORK — Consumers are still worried about rising prices, according to the latest data from Deloitte’s ongoing ConsumerSignals study. That’s important because a sense of personal financial well-being can impact how consumers approach everything from budgeting for big purchases to their grocery lists. a year ago. a year ago.

Consumer 52

Consumer Payment Services Home Furnishings Planning 52

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.

Home Furnishings 110

Home Furnishings Consumer Marketing ATS 110

Retail TouchPoints

APRIL 20, 2023

that enables IKEA Family loyalty program members to purchase home solar solutions that can generate and store their own renewable energy. “We We are committed to continuing to grow in this market with our thousands of co-workers and millions of customers who look to Ikea for home furnishing inspiration and solutions at an affordable price.

Planning 213

Planning Home Furnishings Fulfillment Location 213

Retail Gazette

FEBRUARY 14, 2024

for the half to 30 December to reach £123m for the home furnishings retailer as sales advanced 4.5% “Despite ongoing pressures on consumers, we are encouraged by the wide variety of new customers shopping with Dunelm, and existing shoppers also coming back more frequently.” Profit rose 4.8% The business saw a 4.2%

Home Furnishings 111

Home Furnishings Shopping Consumer Marketing 111

Inside Retail

MARCH 5, 2024

Ikea have established themselves as an affordable and accessible homewares brand for Australian consumers but they are showing no signs of slowing down. We responded by ensuring affordability was at the forefront for the customer. IR : What are your expectations for consumer sentiment and spending in the year ahead?

Planning 130

Planning Shopping Home Furnishings Payment Services 130

365 Retail

MAY 8, 2024

The events are scheduled for the 18th and 19th of May at its Cardiff and Exeter stores, and on the 19th of May at the Milton Keynes store. This approach aligns with growing environmental awareness and the shifting attitudes towards ownership and consumption among consumers.

Promotions 62

Promotions Shopping Home Furnishings Returns 62

Retail TouchPoints

OCTOBER 15, 2020

Mitchell joins Macy’s from Boston Consulting Group (BCG), where he was a Managing Director and Partner in the Digital BCG and Consumer Practices division.

Home Furnishings 196

Home Furnishings Finance Promotions Management 196

Retail TouchPoints

APRIL 15, 2021

YoY; Furniture and home furnishings stores: Up 5.9% Conversely, categories like apparel skewed positive last month due to retailers mostly being closed at this time in 2020. For instance, clothing and accessory store sales were up 18.3% month-over-month seasonally adjusted, and up 104.6% unadjusted YoY.

Home Furnishings 284

Home Furnishings Sporting Goods Merchandise Store Accessories 284

Retail TouchPoints

JANUARY 24, 2023

Economic headwinds are likely to blow harder when consumers’ savings from the pandemic dwindle, which a Charles Schwab analyst believes could happen by Q3. The event also gives us business editors the chance to suss out the major trends that retail decision-makers will be grappling with in 2023.

Home Furnishings 259

Home Furnishings Advertising Consumer Customer Experience 259

Retail TouchPoints

MARCH 28, 2023

Under lenient returns policies, retailers tend to be too quick to blame high returns on so-called “opportunistic renters” — consumers who buy with the intention of returning the item rather than keeping it. Devising a new returns policy, then, entails managing a series of trade-offs that vary from one business to the next.

Returns 240

Returns Home Furnishings Supply Chain Management Consumer 240

Retail TouchPoints

OCTOBER 27, 2022

Visitors can outfit their avatars with jewelry and accessories that are also available for purchase IRL at Claire’s stores, and Claire’s will be partnering with like-minded brands to release limited-edition merchandise, one-of-a-kind pets, themed housing, games and activities.

Home Furnishings 189

Home Furnishings Jewelry Accessories Shopping 189

Inside Retail

NOVEMBER 16, 2023

At the time, then-CEO of Overstock, Jonathan Johnson, declared, “This is a historic day for Bed Bath & Beyond and Overstock – and for the broader e-commerce industry. The second, is that Overstock continues to fall off the consumer radar and is not drawing in customers, even to browse, like it used to.

Home Furnishings 244

Home Furnishings Management Returns Consumer 244

Storis

JANUARY 22, 2024

So, buckle up, home furnishings retailers; we’re ready to accelerate. The State of the Home Furnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success. economy is driven by consumer spending and a thriving job market.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

Retail TouchPoints

DECEMBER 31, 2021

In combination with changes in worker attitudes and consumer behavior, these shifts have weakened the industry’s long-standing low-wage model. Kotlyar predicted that remote consultations with associates will expand beyond apparel into the electronics and home furnishings verticals.

Home Furnishings 281

Home Furnishings Shipping Fulfillment Consumer 281

Mass Relators

AUGUST 17, 2022

WASHINGTON – Core retail sales as calculated by the National Retail Federation rose in July even as overall sales reported by the Census Bureau remained flat on a monthly basis, and both calculations showed strong year-over-year gains as consumers kept shopping despite high inflation, NRF said Wednesday. percent unadjusted year over year.

Consumer 52

Consumer Shopping Home Furnishings Sporting Goods 52

Retail TouchPoints

SEPTEMBER 17, 2020

While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” said Matthew Shay, President and CEO of NRF. unadjusted year-over-year; Furniture and home furnishings stores : Up 2.1% The NRF’s numbers were also up 8.5%

Home Furnishings 195

Home Furnishings Sporting Goods Merchandise Store Accessories 195

Inside Retail

MARCH 10, 2022

” A wave of global consumer brands, such as Nike, Levi Strauss & Co, and home furnishings firm Ikea, have said in recent days they would halt sales and investment in Russia. The company has more than 800 stores in China, about the same as in its home market of Japan.

Home Furnishings 130

Home Furnishings Fast Fashion Fashion Marketing 130

Retail Focus

APRIL 22, 2021

8 at 366-368 King’s Road, marking the brand’s debut central London location. . 8 over the summer on a pop-up basis at 227-229 & 239 King’s Road are interior design brands, Libby Blakey Designs and Mews Furnishings. ft pop-up space at 239 King’s Road acting as the first tangible store for the online retailer. .

Home Furnishings 182

Home Furnishings Accessories Location Consumer 182

Inside Retail

MARCH 20, 2023

Earlier this year, Shopee released its annual consumer trends report with insights about the way online shopping behaviour has changed across its five key markets in Southeast Asia, namely Singapore, Malaysia, Indonesia, Vietnam and the Philippines. We have also noticed an increase in younger shoppers on our platform.

Home Furnishings 130

Home Furnishings Payment Services Consumer Shopping 130

Retail Gazette

JANUARY 15, 2024

At the premium end of the market core customers are more insulated from cost-of-living headwinds which offers added resilience.” It is resonating with consumer demand for highly versatile clothing, delivering better quality at its price points than its competitors.”

Home Furnishings 114

Home Furnishings Beauty and Health Finance Returns 114

Retail Focus

JULY 30, 2021

Home furnishings and DIY. With so many of us spending more time at home, it’s no surprise that the sales of home improvement products saw a 50% increase. . How is consumer behaviour changing, and how might that impact sales? Although e-commerce is here to stay, consumers are still taking to the shops.

Home Furnishings 130

Home Furnishings Consumer Shopping ATS 130

Inside Retail

AUGUST 15, 2021

For retailers already navigating wholesale shifts in consumer behaviour, this can seem an expensive and unnecessary headache, and the kneejerk reaction is to disincentivise returns to preserve profitability and reduce churn. Start looking at returns not as a negative event but as one step in a variety of different customer journeys.

Returns 246

Returns Home Furnishings Customer Experience Fashion 246

Inside Retail

JUNE 14, 2023

Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. It will feature three levels – including a significant retail space, parking and a restaurant and bistro serving Swedish delicacies – with sustainability at the heart of the development. We believe that this will continue moving forward.”

Planning 130

Planning Home Furnishings Fulfillment Location 130

A1 Retail

JANUARY 7, 2022

In view of the exponential worsening of the pandemic situation worldwide and the accompanying tightened travel and contact regulations, the consumer goods fairs Christmasworld, Paperworld, and Creativeworld are cancelled for January 2022 and Ambiente for mid-February 2022. The global willingness to travel is dropping enormously at the moment.

Consumer 45

Consumer Home Furnishings Accessories Planning 45

Mass Relators

JANUARY 17, 2024

Consumer spending was remarkably resilient throughout 2023 and finished the year with a solid pace for the holiday season,” said NRF chief economist Jack Kleinhenz. from 2010 to 2019, despite 2023’s slower growth rate compared with the past three years, when trillions of dollars of stimulus propped up consumer spending. billion. .

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Retail TouchPoints

MAY 2, 2022

The company was founded to simultaneously fulfill a consumer need and do good in the world by giving a second chance to traditionally short-lived baby gear, and it handles everything from pickups to confirming the quality of items prior to selling. “I Our team at Rebelstork are all experts in the retail space.

Home Furnishings 247

Home Furnishings Returns Accessories Apparel 247

Inside Retail

OCTOBER 5, 2023

Corr is the founder and principal of Retail Network Strategies which is redefining the approach to developing retail store networks, by working with landlords and store owners to develop a collaborative approach to lease negotiations aiming to put the consumer first, to the benefit of all parties.

Home Furnishings 130

Home Furnishings Fulfillment Consumer Shopping 130

Retail Focus

AUGUST 18, 2021

“People have higher expectations for home, and a greater desire to belong in the community and social life,” says Anna Pawlak-Kuliga, Country Retail Manager and Chief Sustainability Officer for China. It was created by internal and external specialists, experts in consumer behaviour, food, expansion, mega trends, and futurology.

Home Furnishings 64

Home Furnishings Fulfillment Customer Experience Shopping 64