Remove Home Furnishings Remove Marketing 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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JD.com's Strategy, 10 Things to Know

Indigo 9 Digital

But the truth is many eCommerce trends come from the largest eCommerce market in the world, China. Last year retail eCommerce sales in China came in at an eye popping $2.6 trillion giving China a 52% share of global eCommerce retail sales. JD.com is planning to have a network of 5 million physical stores.

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We’re Living in the Age of Conscious Consumerism

Rangeme

Ulta Beauty will double the number of Black-owned brands on its shelves and feature Black women in its marketing campaigns. To help diverse suppliers get discovered, retailers are also tagging brands as “Black-owned” on their physical and digital shelves. Aldi plans to add 100 new stores in the U.S. June 10, 2020.

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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.