As we start December, it’s time we see what it takes to become a top-performing store.
Despite this November having less foot traffic than last year, both the furniture and mattress industry saw significant increases in their average ticket in November 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 November played out.
THIS WEEK’S HIGHLIGHTS
- November in the furniture industry: Changes in traffic and increases in the average ticket.
- November in the mattress industry: How the mattress industry increased conversion rate 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.
November 2022: Furniture industry
November 2022: Mattress industry
Retail Snippets
Finding the line: Why reduced consumer spending requires smarter tactics in-store.
Amazon: Is Amazon done disrupting retail?
Black Friday Sales: Here’s what Black Friday sales tell us about the retail sector.
RANDOM IRRELEVANCE
Copyright showdown: ‘Goblin mode’ chosen as Oxford word of the year for 2022.
Near-miss: Microsoft Teams adds free communities feature to take on Facebook and Discord
Rise of the bots: ‘Scary’ AI ChatGPT could eliminate Google within 2 years.