As we start November, it’s time we see what it takes to become a top-performing store.
Despite this October having less foot traffic than last year, both the furniture and mattress industry saw significant increases in their average ticket in October 2022.
This week we take a look at the top 20% of stores with the highest conversion rates in both the furniture and mattress industry to see how October played out.
THIS WEEK’S HIGHLIGHTS
- October in the furniture industry: Changes in traffic and increases in conversion rate.
- October in the mattress industry: How the mattress industry increased average ticket by 11%.
- Gone missing: Free returns may soon be a thing of the past.
FOOT TRAFFIC INDEX
Here’s a look at last week’s foot traffic compared to the same time last year.
FOOT TRAFFIC TRENDS
Industry insights so you can convert your foot traffic into more sales.
October 2022: Furniture industry
October 2022: Mattress industry
Retail Snippets
Finding the line: How current World events have impacted the retail industry.
Gone missing: Free returns may soon be a thing of the past.
Report: 74% of Millennials Would Like Pre-Owned Gifts.
RANDOM IRRELEVANCE
Blood moon: The best images from the total lunar eclipse from Tuesday night.
Mattress Mack: ‘Mattress Mack’ scores $75 million payday with Astros’ World Series victory.
New discoveries: Eggo Waffles Puts Its Spin on Egg Nog.