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Ikea U.S. Launches Virtual Interior Design Service for Consumers and Businesses

Retail TouchPoints

is expanding its existing slate of design tools and services with the debut of an Interior Design Service, offering consumers and businesses the chance to connect virtually with an interior design expert to help develop any space. In true Ikea form, the service is priced affordably, starting at $99 for consumers and $299 for businesses.

Consumer 214
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Ikea Plans $2.2 Billion Investment to Advance Omnichannel Presence

Retail TouchPoints

Plans include opening new stores, strengthening its fulfillment network and enhancing its regional product offerings to better reflect the needs of customers in different parts of the country. that enables IKEA Family loyalty program members to purchase home solar solutions that can generate and store their own renewable energy. “We

Planning 215
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How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

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
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Biryani instead of meatballs: Here’s Ikea’s recipe for success in India

Inside Retail

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. It plans to unveil as many as 30 stores in the next seven years. No Indian city is similar to another.

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“Fairly unique”: How Ikea plans to do things differently in New Zealand

Inside Retail

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
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A Generational Analysis of Today’s Home Improvement Customers

Retail TouchPoints

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.

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Retail Sales Drop 0.6% in November, but NRF Expects Flat Return Rate Despite Higher Sales

Retail TouchPoints

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 266