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% The company launched four new stores during the half, taking its total number of shops to 183. Profit rose 4.8%

Home Furnishings 110

Home Furnishings Shopping Consumer Marketing 110

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.

Consumer 52

Consumer Shopping Home Furnishings Sporting Goods 52

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.

Consumer 52

Consumer Payment Services Home Furnishings Planning 52

Retail TouchPoints

OCTOBER 27, 2022

With their in-experience earnings, residents can invest in accessories for their avatars and pets; build, decorate and personalize their homes; purchase vehicles to cruise the town in; and gain access to special events and partner experiences.

Home Furnishings 189

Home Furnishings Jewelry Accessories Shopping 189

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

FEBRUARY 17, 2021

The jump in consumer spending after three consecutive months of declines is largely attributed to the $600 stimulus payments shoppers received as part of the $900 billion package passed by Congress in December 2020 to counteract the economic impact of the ongoing pandemic. increase from December 2020, according to the U.S. Census Bureau.

Home Furnishings 147

Home Furnishings Returns Customer Experience Consumer 147

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.

Home Furnishings 130

Home Furnishings Payment Services Consumer Shopping 130

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. There is built-up excess savings — estimates vary in the $1.5 to $2 trillion range — and that has been fueling consumption.

Home Furnishings 279

Home Furnishings Advertising Consumer Customer Experience 279

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. Setting the ideal returns policy for your business, therefore, will require working across marketing and operations silos.

Returns 278

Returns Home Furnishings Supply Chain Management Consumer 278

Inside Retail

JUNE 14, 2023

He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. But the development and popularisation of online shopping has enabled the company to reach more people. In terms of online shopping, New Zealand rates highly compared to many markets.

Planning 130

Planning Home Furnishings Fulfillment Location 130

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.

Beauty and Health 279

Beauty and Health Shopping Consumer Home Furnishings 279

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.

Home Furnishings 130

Home Furnishings Fulfillment Consumer Shopping 130

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. Promotions and merchandising must be part of the specific messaging to establish the intent of the pop-up shop. Is there a seasonal aspect?

Home Furnishings 244

Home Furnishings Consumer Planning Shopping 244

Mass Relators

NOVEMBER 16, 2021

WASHINGTON – Early holiday shopping helped boost retail sales in October, the National Retail Federation said on Tuesday. Retail sales data for October reflects the enduring strength of consumers’ finances and willingness to spend as the holiday season gets underway,” NRF President and CEO Matthew Shay said. year-over-year.

Shopping 52

Shopping Sporting Goods Home Furnishings Merchandise Store 52

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. billion ) in fiscal year 2021. Cloud Computing — As with its U.S.

Home Furnishings 232

Home Furnishings Merchant Services Supermarket Social Commerce 232

A1 Retail

SEPTEMBER 14, 2023

billion) for the financial year 2022/23, setting a new record for the global home furnishing company. Customers also continued to shop in the more than 3,300 JYSK stores across 48 countries. The global retail market is still under pressure and consumer trust and buying power is low. percent reaching DKK 38.5

Home Furnishings 69

Home Furnishings Retail Marketing Planning Shopping 69

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.

Home Furnishings 87

Home Furnishings Department Stores Promotions Customer Experience 87

V Count

NOVEMBER 17, 2022

Retail sales in shopping malls across the world are expected to grow according to Reuters, Economic Times, Trading Economics, and a number of other reliable research companies and data providers. The US retail sales saw significant growth recently and the same applies at varying levels to other larger markets across Europe and Asia too.

Shopping 52

Shopping Home Furnishings Department Stores Customer Experience 52

Retail Focus

AUGUST 18, 2021

Called the “Home Experience of Tomorrow”, the transformation includes an innovative new design and incorporates new technology, new ways to shop, and a focus on emotional and empowering customer experiences. 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

Mass Relators

JUNE 15, 2023

WASHINGTON – Retail sales rose again in May as consumers continued to spend despite economic challenges, the National Retail Federation said on Thursday. Consumers continued to spend on household priorities in May, supported by gains in the job market and wages,” NRF President and CEO Matthew Shay said. from April and up 1.6%

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

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.

Home Furnishings 76

Home Furnishings Promotions Apparel Consumer 76

Mass Relators

JULY 18, 2023

“June retail sales confirm that while the economy may be cooling, consumers remain on solid footing and are spending on household priorities,” NRF president and CEO Matthew Shay said. Jobs aren’t growing as fast as they were, but employment is by no means in a slump, and if consumers have jobs, they have the willingness to spend.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Retail TouchPoints

JULY 2, 2020

Eric Hutchinson, Founder of Resident , talked about how the direct-to-consumer seller and distributor of mattresses used its algorithms to identify those customers most likely to be more comfortable with in-person shopping and direct them to retail partners’ stores. The company hired more than 500.

Home Furnishings 264

Home Furnishings Consumer Customer Experience Returns 264

Inside Retail

JANUARY 8, 2023

During the course of the past two years, the Covid pandemic has altered our shopping behaviours in small yet discernable ways as our mobility had been limited. That prompted a surge in cross-border shopping but has also increased loyalty to and patronage of local retailers.

Boutique 130

Boutique Home Furnishings Fashion Consumer 130

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

Retail Gazette

SEPTEMBER 14, 2023

It’s a formula that’s been mastered by TK Maxx for the last 29 years, with a typical shop stocking everything from fashion, handbags and accessories to cooking utensils, stationery and home furnishings at – more often than not – significantly reduced prices. What is the long-term growth potential of the market?

Home Furnishings 103

Home Furnishings Shopping Marketing Planning 103

Independent Retailer

NOVEMBER 30, 2021

Ultimately, they conducted a national survey earlier in 2021 asking respondents about how they go about their shopping. . During the research, the company wanted to dive into how consumers gathered information before making a purchase decision and the level of influence each information source holds over the customer.

Home Furnishings 75

Home Furnishings Consumer Marketing Shopping 75

Mass Relators

FEBRUARY 15, 2023

“Despite inflationary headwinds, January retail sales show the resiliency of consumers in how they manage their budgets and make decisions on how, when and where to spend their hard-earned dollars,” NRF President and CEO Matthew Shay said. Consumer spending clearly picked up after the holidays,” NRF Chief Economist Jack Kleinhenz said.

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Accessories 52

Retail TouchPoints

DECEMBER 9, 2020

an on-demand custom furnishings company driven by consumer needs and led by a devotion to technology, design and environmental responsibility. Phillip Raub: The furniture industry hasn’t evolved in decades, although environmental and consumer needs have. respond to consumers’ shifting needs? RTP: How does Model No.

Home Furnishings 172

Home Furnishings Accessories Shipping Consumer 172

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

A1 Retail

OCTOBER 13, 2023

billion in FY22, and significant investment across its biggest markets, including more than EUR 4.5 As the popularity of online shopping continues to grow, IKEA UK opened a multi-million-pound distribution centre in Dartford, with the capacity to deliver one million orders annually. IKEA UK announces sales growth of 11.9 In FY23, 38.5

Home Furnishings 59

Home Furnishings Planning Fulfillment Promotions 59

Mass Relators

DECEMBER 15, 2022

WASHINGTON – November retail sales were down from October, when inflation worries prompted a surge of early holiday shopping. Consumers continued to spend on household priorities and holiday gifts for loved ones this November despite continued inflation and rising interest rates,” NRF President and CEO Matthew Shay said on Thursday.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Mass Relators

APRIL 14, 2023

Continued easing of inflation and the overall strength of the job market and wages are keeping the fundamentals of the consumer economy strong and should support their ability to spend on household priorities through 2023. Keep in mind that households tend to shop less during the post-holiday season. year over year.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Accessories 52

Mass Relators

JANUARY 18, 2023

Consumers shopped in record numbers and retailers delivered positive holiday experiences to inflation-wary consumers, offering great products at more promotional price levels to fit their stretched budgets. The bottom line is that consumers are still engaged and shopping despite everything happening around them.”

Home Furnishings 52

Home Furnishings Merchandise Store Sporting Goods Accessories 52

Mass Relators

APRIL 14, 2022

WASHINGTON – Consumers continued to spend in March despite price hikes driven by a four-decade high in inflation, according to economic data released today. The latest Consumer Price Index showed an 8.5% Consumers are adapting and shopping smarter for themselves and their families. spike in gasoline prices.

Home Furnishings 52

Home Furnishings Sporting Goods Merchandise Store Consumer 52

Mass Relators

DECEMBER 15, 2021

“Despite economic headwinds, November retail sales data confirms that consumers continue to spend, as demonstrated by a 14% increase in sales year-over-year,” NRF president and CEO Matthew Shay said. “We We expect demand will remain strong through December, even though consumers started holiday shopping earlier than ever this year.

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Accessories 52

Mass Relators

JANUARY 14, 2022

“We closed out the year with outstanding annual retail sales and a record holiday season, which is a clear testament to the power of the consumer and the ingenuity of retailers and their workers,” NRF President and CEO Matthew Shay said. Furniture and home furnishings stores, up 15%. unadjusted year-over-year.

Sporting Goods 52

Sporting Goods Home Furnishings Merchandise Store Accessories 52