June 22, 2023
This May, the furniture industry saw a 3% increase in conversion rate, while the mattress industry experienced a 9% boost in average ticket prices.
This week we will take a closer look at what drove these improvements in the industry and what they could mean for the future.
THIS WEEK’S HIGHLIGHTS
- May in the furniture industry: How the furniture industry increased conversion rate by 3%.
- May in the mattress industry: Less foot traffic, higher average ticket, and more time spent with customers.
Q1 2023 Benchmark Report: Click HERE to see how your store compares to the industry average.
FOOT TRAFFIC TRENDS
Industry insights so you can convert your foot traffic into more sales.