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.

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Sporting Goods Home Furnishings ATS Merchandise Store 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

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

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?

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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.

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Consumer Payment Services Home Furnishings Planning 52

Retail Gazette

FEBRUARY 14, 2024

Dunelm saw an uplift in profit and sales during its first half, as it continued to grow its market share. for the half to 30 December to reach £123m for the home furnishings retailer as sales advanced 4.5% Profit rose 4.8% The business saw a 4.2% ” Click here to sign up to Retail Gazette‘s free daily email newsletter

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Home Furnishings Shopping Consumer Marketing 111

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.

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Home Furnishings Sporting Goods Merchandise Store Accessories 289

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.

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Home Furnishings Management Returns Consumer 244

Inside Retail

MARCH 10, 2022

Uniqlo owner Fast Retailing Co on Thursday said it would suspend operations in Russia, in a U-turn by the Japanese fast-fashion giant which had indicated it would stay in the market after Moscow’s invasion of Ukraine. The company has more than 800 stores in China, about the same as in its home market of Japan.

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Home Furnishings Fast Fashion Fashion Marketing 130

Mass Relators

APRIL 13, 2021

WASHINGTON – Former Macy’s executive Martine Reardon is joining the National Retail Federation as chief marketing officer and executive vice president of content and membership. She served as Macy’s chief marketing officer from 2012 through 2016. She served as Macy’s chief marketing officer from 2012 through 2016.

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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.

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Returns Home Furnishings Supply Chain Management Consumer 263

Storis

JANUARY 22, 2024

So, buckle up, home furnishings retailers; we’re ready to accelerate. Our survey found that furniture retailers are enthusiastic about many applications of AI led by those that will increase marketing efficiency and reduce bottom-line costs. economy is driven by consumer spending and a thriving job market.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

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.

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Home Furnishings Jewelry Accessories Shopping 189

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. Tech training can create a more attractive job for some employees, because it’s a marketable skill,” said Kotlyar.

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Home Furnishings Shipping Fulfillment Consumer 301

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.

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Home Furnishings Advertising Consumer Customer Experience 274

Retail Gazette

JANUARY 15, 2024

However, there will be winners and losers across the sector with market conditions favourins some businesses and smart strategic moves setting others apart. Susannah Streeter Head of money and markets Hargreaves Lansdown Winner: Marks & Spencer “Marks and Spencer is on a roll and looks set to continue to be a winner in 2024.

Home Furnishings 114

Home Furnishings Beauty and Health Finance Returns 114

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

Inside Retail

JUNE 14, 2023

Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. In terms of online shopping, New Zealand rates highly compared to many markets.

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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.

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Home Furnishings Payment Services Consumer Shopping 130

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.

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Home Furnishings Fulfillment Consumer Shopping 130

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. .

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Home Furnishings Sporting Goods Merchandise Store Accessories 52

Retail TouchPoints

OCTOBER 5, 2022

Despite their temporary nature, pop-up shops are intended to make a lasting impression on visitors through offering extraordinary consumer journeys. One thing that is consistent through all of our pop-ups is the consumer journey,” said Giovanni Zaccariello, SVP of Global Visual Experience at Coach in an interview with Retail TouchPoints. “My

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Home Furnishings Consumer Planning Shopping 214

A1 Retail

SEPTEMBER 14, 2023

billion) for the financial year 2022/23, setting a new record for the global home furnishing company. billion) for the financial year 2022/23, which just closed at the end of August. The global retail market is still under pressure and consumer trust and buying power is low. The turnover for JYSK increased by 6.3

Home Furnishings 69

Home Furnishings Retail Marketing Planning Shopping 69

Retail TouchPoints

MAY 13, 2021

Overall, online physical goods GMV grew 21% YoY in fiscal year 2021, driven primarily by the FMCG [ fast moving consumer goods ] and home furnishings categories. The company also pointed to increasing engagement among existing consumers as a growth driver. counterpart Amazon , cloud computing is big business at Alibaba.

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Home Furnishings Merchant Services Supermarket Social Commerce 182

Retail TouchPoints

JULY 27, 2021

That means more consumers are venturing out into the world — and going back into stores. Research from Springboard points to similar results: the company’s latest Retail Consumer Survey indicated that 56% of consumers were “very” or “completely comfortable” visiting brick-and-mortar destinations, a steady increase from the 50% figure in May.

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Beauty and Health Shopping Consumer Home Furnishings 279

Retail TouchPoints

DECEMBER 6, 2021

Home furnishing brand Cloth & Company is working with 3D asset creation and management provider All3D to help even small retailers and designers overcome this challenge through the creation of virtual showrooms using 3D rendering software. I can see what it looks like from a human eye or from the camera as well.

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Mass Relators

MARCH 12, 2024

Similarly, when looking at unadjusted year-over-year numbers, increases in the total and core retail measures drop to 2.7% There was an effect at the sectoral level as well, as several categories dropped to negative for month over month and year over year, including furniture, electronics and building supplies.

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Accessories 52

Mass Relators

OCTOBER 17, 2023

WASHINGTON – Reports out today on retail sales in September show that consumers have retained the ability and willingness to spend despite accumulating economic headwinds from higher interest rates and slowing growth, according to the National Retail Federation. seasonally adjusted from August and up 2.2% unadjusted year over year.

Home Furnishings 52

Home Furnishings Merchandise Store Sporting Goods Accessories 52

Storis

DECEMBER 5, 2022

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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Home Furnishings Inventory Management Fulfillment Shipping 52

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

A1 Retail

MARCH 17, 2023

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.

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Home Furnishings Department Stores Promotions Customer Experience 87

Retail TouchPoints

JULY 2, 2020

When COVID-19’s stay-at-home orders halted most physical retail and boosted e-Commerce, it wasn’t just the brick-and-mortar retailers that were forced to make quick and decisive shifts. During April, the retailer saw a 350% increase in sales compared to April 2019. The company hired more than 500.

Home Furnishings 252

Home Furnishings Consumer Customer Experience Returns 252

Independent Retailer

DECEMBER 2, 2022

Even though things may look a little different this year in terms of what consumers are buying and how much money they are spending, studies are showing that retail spending numbers are still up. Online retail, up 1.2%, continues to perform alongside home furnishings and DIY stores, up 1.1% Slow Holiday Sales Growth.

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Home Furnishings Promotions Apparel Consumer 76

A1 Retail

OCTOBER 13, 2023

billion in FY22, and significant investment across its biggest markets, including more than EUR 4.5 Be that online or over the phone, customers can access the same home furnishing expertise available instore, which has resulted in a 24 percent year-on-year growth in remote sales. IKEA UK announces sales growth of 11.9

Home Furnishings 59

Home Furnishings Planning Fulfillment Promotions 59

Mass Relators

SEPTEMBER 16, 2021

in August, as consumers spent more on apparel, electronics and home goods, the Commerce Department reported today. Economists had expected a pull-back in consumer spending in August on concerns about the Delta variant and as persistent supply-chain disruptions made some merchandise hard to find. WASHINGTON – U.S.

Home Furnishings 52

Home Furnishings Apparel Consumer Shopping 52

A1 Retail

SEPTEMBER 24, 2021

Home furnishing store Plush will be opening its first ever store, and Fone World are also joining The Lexicon. Home furnishing store Plush will open a new 19,210 sq ft flagship store offering a wide-range of innovative, comfortable furniture from premium quality brands.

Home Furnishings 74

Home Furnishings Location Consumer Retail Marketing 74

Inside Retail

JANUARY 8, 2023

Contrary to the large flagships staking a brand’s presence in a broader market, retailers are scaling down to serve local communities, as these leading brands demonstrate: Ikea, Hammersmith. Aside from its signature Swedish meatballs, Ikea’s food court welcomes local producers and cafes at their food hall in a series of rotating pop-ups.

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