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How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

However, international shipping disruptions in the Red Sea and global conflict’s potential impact on oil prices will continue to put pressure on product availability and costs. Research and consulting firm Fifth Dimension states that the second-hand market in Australia is now worth $60 billion and growing 25 per cent a year.

Planning 130
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A Generational Analysis of Today’s Home Improvement Customers

Retail TouchPoints

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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Address Labor Shortages by Creating Attractive Retail Career Paths

Retail TouchPoints

According to data from BDO , 51% of retailers are planning to implement training to upskill employees’ technology capabilities, said Natalie Kotlyar, BDO’s National Leader for the Retail and Consumer Products Industry Group in an interview with Retail TouchPoints.

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Expert Tips for Handling Inventory Surplus

Storis

One of the challenges home furnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. Speak to a Home Furnishings Retail Expert. Having a home furnishings eCommerce website enables you to reach a broader audience, increasing the market for your excess inventory.

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5 Critical Features to Proactively Tackle Current Industry Issues

Storis

While home furnishings retailers face unprecedented challenges, our industry has a history of resilience. Currently, the effects of production halts, labor shortages, raw material delays, and logistical challenges are compounded in the home furnishings industry. Lead Time Management. Setting Product Alternatives.

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How Model No. is Disrupting the Furniture Industry with 3D Printing and Products Made from Food Waste

Retail TouchPoints

Additionally, through the adoption of 3D printing technology using agricultural waste from corn husks, sugar cane and sugar beet as materials, the company minimizes carbon emissions and toxic byproducts while creating an upcycled collection of sustainable home furnishings. Additionally, Model No. Finally, Model No.

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JD.com's Strategy, 10 Things to Know

Indigo 9 Digital

But the truth is many eCommerce trends come from the largest eCommerce market in the world, China. JD.com is planning to have a network of 5 million physical stores. The offline market is very important to us.” To reach its goal JD.com plans to partner with other retailers. Fast shipping is the way to go.