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.

CLICK HERE to subscribe to Daily Foot Traffic Index

FOOT TRAFFIC TRENDS

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

December 2022: Furniture industry

December furniture metrics

December 2022: Mattress industry

December 2022 mattress metrics

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.