As we start the new year, it’s time to look back on December to see how things played out for top-performing stores.
Despite this December having less foot traffic than last year, both the furniture and mattress industries found ways to end the year on a high point.
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 December played out.
THIS WEEK’S HIGHLIGHTS
- December in the furniture industry: More time spent with customers, higher conversion rate, and more prospects gathered.
- December in the mattress industry: How the mattress industry increased average ticket by 4%.
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.
December 2022: Furniture industry
December 2022: Mattress industry
Retail Snippets
Finding the line: Retail industry legislation and policies to watch in 2023.
2023 Predictions: 10 Retail industry predictions for 2023.
Black Friday Sales: UPS projects handling up to 70M in returns from peak holiday season.
RANDOM IRRELEVANCE
Pinocchio: New take on ‘Pinocchio,’ filmed in Portland, wins Golden Globe as best animated movie.
Earth 2.0: NASA has discovered an Earth-sized planet orbiting in the habitable zone of its star.
Rise of the bots: ‘Scary’ AI ChatGPT could eliminate Google within 2 years.