Remove Consumer Remove Home Furnishings Remove Planning Remove Retail Trends
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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. With millions of people working and learning from home during the COVID-19 pandemic, home furnishing stores have been key beneficiaries. It plans to decrease its climate impact per item by 70% by 2030.

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We’re Living in the Age of Conscious Consumerism

Rangeme

Now consumer packaged goods (CPG) brands and retailers need to adapt to conscious consumers whose core values draw them to purpose-led brands. Conscious consumers take an intentional, informed, and empowered approach to shopping. A recent study found nearly 70% of consumers in the U.S. Supplier diversity.

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JD.com's Strategy, 10 Things to Know

Indigo 9 Digital

“JD is continuing to provide different kinds of physical stores amid the growing trend in which customers pursue a high quality and multi-store ecosystem, including JD E-Space, JD home appliance flagship stores, JD computer and digital stores and JD retail experience shops,” said JD.com in a press release.

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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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4 Things to Know About Restoration Hardware’s Strategy

Indigo 9 Digital

RH is the preeminent luxury retailer in the home furnishings category and the company has performed so well over time Berkshire Hathaway, the company owned by legendary investor Warren Buffet, owns stock in the company. Home furnishing companies boomed during the COVID-19 pandemic and RH did not miss out.