As we finish the second week of May, let us take a moment to see what it takes to become a top-performing store.

 

Despite this May having less foot traffic than last year, both the furniture and mattress industry saw over a 10% increase to their conversion rate in May 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 May played out.

THIS WEEK’S HIGHLIGHTS

  • May in the furniture industry: The highs and lows for the furniture industry to start Q2.
  • May in the mattress industry: How the mattress industry increased conversion rate by 25%
  • Q1 Benchmark Report: Click HERE to download the report.

FOOT TRAFFIC INDEX

Here’s a look at last week’s foot traffic compared to the same time last year.

CLICK HERE to subscribe to Daily Foot Traffic Index

FOOT TRAFFIC TRENDS

Industry insights so you can convert your foot traffic into more sales.

May 2022: Furniture industry

May 2022: Mattress industry

Retail Snippets

Retail chain: 7 Incredible Benefits of Blockchain for the Retail Industry.

 

Retail hacks: The top 10 trends driving retail growth.

 

Missing the Target: Target will take a profit hit to clear out inventory that shoppers don’t want.

RANDOM IRRELEVANCE

Nonuplets: A ‘dangerous and deadly heat wave‘ is on the way, the weather service warns.

 

Watch: Five planets will line up in the sky in June. Here’s how to see it.

 

Must try: Wendy’s is finally selling this ‘highly anticipated’ Frosty flavor.