Remove Home Furnishings Remove Jewelry Remove Promotions
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Back to school, back to learning or will it simply be back to home?

Retail Next

The average ticket (AUR) continues to be down to last year as retailers are still extremely promotional as they move through inventory. HOME & JEWELRY SHINING BRIGHTEST. Traffic trends across categories are still down to last year, however, jewelry and home continue to be the brightest spots.

Jewelry 52
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10 small business collaboration ideas to grow sales

Clover - Retail

People who buy clothing from a local retailer are also likely to be interested in accessories from a neighboring jewelry store, for example. The more a cross-promotion feels like an event or an experience for customers, the more likely it is that customers develop an affinity with those brands.

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What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

Apparel Retailers Within apparel, accessories and jewelry retailers have lower turnover ratios – around 2-3x. This leads to lower turnover of 3-4x across furniture and home furnishings. Leverage historical sales, seasonality, promotions, and other factors to improve forecast accuracy.

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Consumers want more value — beyond low prices

Retail Dive

Value-seeking consumers expect to spend 40% to 50% less this year on discretionary categories like clothing, personal care, home furnishings, household goods and entertainment while increasing their purchases of essentials, such as housing and transportation, per the report. Most Popular Home Depot goes after pro market with $4.3B