February 16, 2023
Retail Traffic Trends #115: January 2023 Metrics are in! 📊🕰️
As we start the new year, it’s time to look back on January to see how top-performing stores performed in the first month of 2023.
Despite this January having less foot traffic than last year, both the furniture and mattress industries found ways to start 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 January played out.
THIS WEEK’S HIGHLIGHTS
- January in the furniture industry: How the furniture industry increased average ticket by 4%.
- January in the mattress industry: Less time spent with customers, higher average ticket, and higher daily revenue.
Q4 Benchmark Report: Click HERE to see how your store compares to the industry average.
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.
January 2023: Furniture industry
January 2023: Mattress industry
Finding the line: Retail industry legislation and policies to watch in 2023.
2023 Predictions: 10 Retail industry predictions for 2023.
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