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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. People are still searching for things like sofas, but they are looking for more value, which is what we offer,” Coulter told Inside Retail. The brand has also increased its promotional activity and marketing investment.

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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. One-fourth of consumers also reported that they planned to spend more on back-to-school shopping this year due to their need for bigger-ticket items such as computers, phones, calculators, or furniture.

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Black Friday & Cyber Monday 101

Independent Retailer

While there certainly will be bargains offered, and there are still shoppers that plan their budgets and schedules around the discount event, overall, the joy of BFCM has been diluted, according to LoyaltyLion ’s most recent survey. Although, alternative incentives also promoted positive customer sentiment.