Deep Dive 19 minutes Premium10 Trends in US Furniture and Home-Furnishings Retailing Coresight Research October 4, 2022 What's InsideWe analyze 10 trends in US furniture and home-furnishings retailing, presenting key topics including: Strengthening of brick-and-mortar strategies Expanding product categories Increasing supply chain and delivery network investment Shifting to unified commerce with investments in technology and the metaverse Using customer data for predictive analytics and personalization Learn more about DNVBs (digitally native vertical brands) in furniture and home-furnishings here. Read our complete coverage of the home and home-improvement sector here. Contents (Click to navigate) Introduction Market Scale and Opportunity 10 Trends in US Furniture and Home-Furnishings Retailing: Coresight Research Analysis Strengthening of Brick-and-Mortar Strategy Expanding Product Categories To Reach a Wider Audience Increasing Investment in Supply Chain Advancement and Delivery Networks Enhancing Consultative Approaches Through Associates Investing in Technology and Metaverse Launches for a Shift to Unified Commerce Using Customer Data for Predictive Analytics and Personalization Increasing Customer Preferences for Sustainability-Focused Companies Continuing Customer Purchases from Value-Focused Retailers and Mass Merchandisers Growing Demand for Furniture Rental and Secondhand Furniture Emphasizing Easy Order Pick-Up What We Think Appendix: About Coresight Research’s BEST Framework Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 40: US Closures Up 77% vs. Last YearWeinswig’s Weekly: Retailers Would Be Well Served To Explore the Power of Generative AI NowUS Store Tracker Extra, July 2023: Closures by Christmas Tree Shops Push Total Closed Space to 68 Million Square FeetCoresight Bites: How US Consumers Spent in 2022—Pandemic-Fueled Imbalance Is Yet To Be Corrected
