Remove ATS Remove Fulfillment Remove Home Furnishings Remove Marketing
article thumbnail

Overstock Teams with UPS to Tackle Home Furnishings Returns

Retail TouchPoints

The new doorstep returns pilot comes as Overstock.com completes its transition into a furniture-only online retailer, after 18 months spent exiting all non-home categories. This] large market provides us with additional opportunities to gain market share even if online penetration remains unchanged over the near term.

article thumbnail

Beyond Acquires Zulily, Plans to Revive Brand in Q2

Retail TouchPoints

Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. This acquisition doubles down on our belief in the off-price market, and its importance to building our business, improving our margin profile and growing our customer file,” said Lemonis in a statement.

Planning 264
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. ramp up our fulfillment capacities and make our offer even more relevant to local customers’ needs and dreams.” “We know U.S. in a statement.

Planning 275
article thumbnail

Ikea unveils US$2.2 billion expansion plan 

Inside Retail

According to Ikea, this is the company’s largest investment in the US in four decades, and it will focus on creating new stores and expanding fulfilment networks to serve more Americans. Neil Saunders, MD at consultancy GlobalData, said an investment of Ikea’s scale “should make other retailers sit up and take notice”. “As

Planning 130
article thumbnail

How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

We responded by ensuring affordability was at the forefront for the customer. In the property market, things are slowing for now, but the record shortage of rental properties will continue to drive prices up for tenants, particularly in our capital cities. What impact has that had on the business?

Planning 130
article thumbnail

“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. 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.

Planning 130
article thumbnail

2024 Industry Trend Guide

Storis

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.