As we start March, it’s time to look back on February to see how top-performing stores performed in the second month of 2023.
With increases in foot traffic for multiple industries, 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 February played out.
THIS WEEK’S HIGHLIGHTS
- February in the furniture industry: How the furniture industry increased daily revenue by 9%.
- February in the mattress industry: More foot traffic, higher average ticket, and more time spent with customers.
- 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.
February 2023: Furniture industry
February 2023: Mattress industry
Retail Snippets
Finding the line: Retail industry legislation and policies to watch in 2023.
2023 Predictions: Walmart set to close all Stores in Portland amid record-breaking retail theft.
New-age: Can NFTs revolutionize the retail industry?
RANDOM IRRELEVANCE
DuckAssist: DuckDuckGo Releases Its Own ChatGPT-Powered Search Engine, DuckAssist.
Earth 2.0: NASA has discovered an Earth-sized planet orbiting in the habitable zone of its star.
Rise of the bots: U.S. considers vaccinating chickens as bird flu kills millions of them.
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