“We need robust demand planning” is a phrase I hear from almost every client. Demand planning accurately forecasts customer purchases, essential to any business that buys/builds goods. At a basic level, the definition of demand planning and its crucialness to business are self-explanatory. However, successfully implementing demand planning responsive to
Every business owner would agree that the time to plan your response to a cyberattack is not in the middle of the incident. Research from the University of Georgia shows that a cyberattack occurs every 39 seconds, and 43% of these attacks target small businesses. Despite these data, not even
A growing threat that has been on the rise and cannot be ignored for home furnishings businesses is the threat of a cyberattack. According to CyberSecurity Magazine, 61% of small to medium-sized businesses (SMBs) have reported at least one cyberattack during the previous year, and 43% of all data breaches
Retailers often think the next boost in their business will come from finding the next amazing line of merchandise or discovering a new marketing tool. Sometimes, they believe it will happen because they hire a killer salesperson or hope new businesses will fill vacancies around them, bringing traffic. The problem
What KPIs Can You Measure to Improve Profitability? Customers are facing tough choices these days when it comes to discretionary spending. It’s not necessarily bad news, however. Retailers now have opportunities to build loyalty and grow market share if they can quickly and efficiently adapt their brick-and-mortar and online business
The Home Furnishings retail landscape is evolving at a rapid pace, presenting new and exciting challenges. Successful companies harness the power of their organization’s distinct vision, mission, purpose, and values to fortify their identity, inspire their employees, and deliver on their brand promise to their valued customers. Company Culture emerges
It has been projected that somewhere between the years 2045-2050, the USA will no longer have a majority race. This demographic shift is due to several factors, including birth rates by race, the increase in multi-racial people, immigration patterns, etc. In addition, the expectations and attitudes of consumers and employees
I began building a Corporate Social Responsibility (CSR) program five years ago at Riskified. What began as an opportunity to give back to the communities where our employees live, and work has grown into a robust program recently rebranded as Riskified Cares. This blog will outline the many positive impacts
Did you know: 83% of consumers surveyed agree that a brand’s sustainability is important (IBM Survey, Oct 2020)? Sustainability is a word that has been doing more than just trending – it’s impacting the way we view brands and ourselves. Sustainability has been a critical growth area for some of the largest
We all know that the best closer in your store is you. If you could spend ten minutes with every customer that walks into your store, you would undoubtedly see an increase in revenue. But you’re just one person with limited time. And since cloning yourself isn’t an option, we
A digital marketing plan outlines strategic online tactics that determine how you promote your products, services, and brand online. With
The American Home Furnishings Hall of Fame Foundation, Inc., has announced the prestigious 2024 Paul Broyhill Future Leaders Award recipients.
On March 19th, the Home Furnishings Association (HFA) hosted a thrilling regional meetup at Madison Square Garden in the heart
In today’s fast-paced digital landscape, the success of a retail furniture business hinges on a well-structured and effective digital marketing
How To Turn Your Quiet Quitters Into Actively Engaged Team Members If you are in the retail Furniture Industry, it’s
Drive Traffic with Data Insights There is untapped potential for driving traffic to your store by using the data you collect. Industry experts will share
Evaluating the Cost of Delivery Join leading industry experts who will share insights on key cost drivers, efficiency measures, technology usage, and outsourcing options for
