Indigo 9 Digital
MAY 27, 2022
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.
Indigo 9 Digital
MARCH 22, 2022
“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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RETAIL MANAGEMENT SOFTWARE
OCTOBER 22, 2020
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.
Rangeme
MARCH 4, 2021
IKEA is phasing out non-rechargeable alkaline batteries from its home furnishings, encouraging customers to reuse and recycle items, and will no longer print its iconic catalog. Retailers are adapting their service to value shoppers’ needs: Aldi will open 100 new U.S. Aldi plans to add 100 new stores in the U.S.
Indigo 9 Digital
NOVEMBER 3, 2022
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.
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