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2024 Home Furnishings Industry Trend Guide

Storis

Download the 2024 Trend Guide Accelerating Through Innovation Furniture retailers are writing their next chapter. With the pace of innovation gaining speed, retail is ready for a thrilling next phase. So, buckle up, home furnishings retailers; we’re ready to accelerate. Upcoming 2024 releases can be capitalized on.

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

Retalon

By segmenting turnover by product line, category or location, retailers can identify slow-moving inventory to liquidate or mark down. Apparel Retailers Within apparel, accessories and jewelry retailers have lower turnover ratios – around 2-3x. Higher turnover can drive higher gross margins.