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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.

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

Retalon

This ties up capital unnecessarily and may indicate excess inventory or poor inventory planning. For retailers, inventory turnover is a critical efficiency and profitability metric. Improving turnover allows retailers to increase sales without increasing inventory investment. It helps track liquidity.

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Retail appointments for the week

Inside Retail

Cusack was previously head of international business at menswear specialty retailer Retail Apparel Group. Lazada didn’t disclose further information on Liu’s future plans. Thai silk fashion and home furnishings brand Jim Thompson has appointed former PVH Asia president Frank Cancelloni as its new group CEO.