Remove Consumer Remove Home Furnishings Remove Marketing Remove Planning
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. that enables IKEA Family loyalty program members to purchase home solar solutions that can generate and store their own renewable energy. “We

Planning 225
article thumbnail

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. IR : What are your expectations for consumer sentiment and spending in the year ahead? This Plan and Order Point will also have a Pick Up Point for customers onsite.

Planning 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Inside Retail

As it unpacks the market layer by layer, Ikea’s range of services and products is constantly expanding to suit the evolving needs of Indian shoppers. We’re still in the nascent stages in terms of home furnishing category,” Kavitha Rao, India’s chief commercial officer told Inside Retail. And then we see repeat customers.”.

article thumbnail

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

Inside Retail

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. The post “Fairly unique”: How Ikea plans to do things differently in New Zealand appeared first on Inside Retail.

Planning 130
article thumbnail

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. This makes them a great target audience for brands in the home improvement space.

article thumbnail

Concerns about rising prices weigh on consumers

Mass Relators

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.

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. How is your business currently leveraging or planning to leverage AI?