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IKEA’s Strategy for Staying on Top

Indigo 9 Digital

If you are curious about how IKEA plans to keep its competitors at bay then consider these six elements of its strategy. The store is 66,000 square feet with more than 2,000 items customers can purchase and take with them while the larger furniture on display in the store can be delivered to the customer’s home.

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Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans.

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5 Examples of the Store of the Future

Indigo 9 Digital

Some are imagining robots at our beck and call but many of the changes you will see will be more subtle than that. One of the areas several retailers are focusing on is the fitting room. This applies to customers that shop in store and want their orders delivered to their homes or if they made the purchase online. Fast shipping.

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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. Last year retail eCommerce sales in China came in at an eye popping $2.6 trillion giving China a 52% share of global eCommerce retail sales. For context, the United States has the second highest share at 19%.

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We’re Living in the Age of Conscious Consumerism

Rangeme

Retailers seek supply chain partners that offer an assortment of relevant products to help more consumers feel welcome, valued, and understood. Diverse suppliers are businesses that are at least 51% owned and operated by people from a traditionally underrepresented or underserved group. MIT Sloan Management Review.

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

If you are curious about how Wayfair came to dominate the online home goods market here are seven facts about Wayfair’s strategy you should consider including the challenges it faces as an eCommerce business. Wayfair launched after it consolidated 250 individual websites selling home furnishings into a single brand called Wayfair.