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Retail Innovation_10 Ways to Succeed

Retail Innovation: 10 Ways to Succeed

After 25 years in the furniture industry, I’ve learned innovation isn’t luck—it’s leadership, culture, execution, and perseverance. This article shares 10 proven practices that help retailers turn ideas into lasting success.

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Appointment Power

Scheduling appointments in advance with shoppers at multiple points throughout the sales process has proven to substantially increase close rates.

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Not All Doom & Gloom

News flash! Some furniture retailers continue to report increases in sales and profitability. Here’s how the best in our industry get above-average results.

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Time to Refocus on GMROI

Now is the time for furniture retailers to get back to monitoring and improving GMROI, a master measure of retail productivity, in an organization wide way.

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Retail Automation

Whatever your business model, automation is needed to accomplish more with less time and allow your precious human talent to focus on what they do best.

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Funnels and Paths

Funnels create customer experience paths that boost retention, generate positive word of mouth marketing and turn more customers into repeat customers.

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