Finton Design May June 2019 Vol II
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Volume II
May & June 2019
THE ESSENTIALS News | Key Items | Dallas Market | Showtime | At Retail
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Via National Retail Federation
Estimated Impacts of Proposed Tariffs on Imports from China For Furniture & Travel Goods
Up To Date (Industry H appenings & N ews)
• WalMart vs Amazon
Walmart slams Amazon with free, next day delivery
• TARRIFS...ugh
Latest Tarrif struggle stats & the need for resolution
• CBD on the rise...everyone wants a piece of the projected $2.1 Billion Industry
Walmart & Target quitely exploring CBD product lines
• Rent a Lifestyle...not just furniture
Feather & Furnish: Millenials and furniture rentals
• Pier 1, Francesca’s, JCP, Stein Mart, Overstock Compiled Updates on Struggling Retailers
• Big Lots embraces the softer side
21 Consecutive Quarters of Single Digit Comps leads Big
Lots to expand Soft Home Assortment
• Business is bad but the sky is not falling Recent Earnings Reports show some upside
In the Biz (Business Information)
• Move over Social Media, Mobile Gaming is HOT
Mobile Game advertising is more compelling
• 2019 Internet Trends
What you need to know from the report
• Instagram & Pinterest Direct Sales Surge of Influencers 150%
Sell Direct on Instagram and Pinterest
Macro/World Trends (Future Insights)
• Uber IPO, The future of transportation and car ownership. What does this mean for the home industry long term?
Car ownership decline
Shift Towards Multimodal Transportation & The Future of Mobility
Tariff War
Pic via TechNavio
WalMart adding 100 Vet Clinics & Pharmacy
Pet Retail getting hotter by the day
Pet Accessories & Pet Care Market is Booming
Projected $202.6 B Global Market by 2025
$72.5B US 2018, $75B US 2019 Projected
There are more Pet Owning Households than those with Children, Millennials are the largest pet owning generation
Resale Market goes UP UP UP
Photo via Poshmark
Poshmark Enters Home Market with 50 Million Users
Photo via WGSN
Resale Industry in fast fashion will double from $24B to $52B by 2024
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