As we head into the second half of Q3, it’s once again time to see what it takes to become a top-performing store.

 

Despite this July having less foot traffic than last year, both the furniture and mattress industry saw significant increases in their average ticket in June 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 July played out.

THIS WEEK’S HIGHLIGHTS

  • July in the furniture industry: Changes in traffic and increases in the average ticket.
  • July in the mattress industry: How the mattress industry increased conversion rate by 16%.

FOOT TRAFFIC INDEX

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

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FOOT TRAFFIC TRENDS

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

July 2022: Furniture industry

July 2022: Mattress industry

Retail Snippets

The great unrest: How 2020 changed the economy in ways we can’t understand yet.

 

Fallen unicorns: 9 retailers that have recoiled from sky-high valuations.

 

Discount trend: Uniqlo owner Fast Retailing to open first GU discount clothing store in U.S.

RANDOM IRRELEVANCE

Chestnut: Reflecting on Serena Williams’ career and legacy as she retires from tennis.

 

The sturgeon supermoon The next supermoon – the last of the year – will rise on Thursday night

 

Must See: Celebrating the power of wildlife photography.