Page 1 - Finton Design the Essentials July August 2019
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Volume III
July & August 2019
THE ESSENTIALS News | Design Bytes | Atlanta Market | Vegas Market | At Retail
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Up To Date (Industry H appenings & N ews)
• Target for the WIN
Vision, Long Term Strategy, Investment into Stores & Private Brands Begin to Pay Off with Sales Increase
And they grab Disney!
• TARRIFS...ugh...ugh Supply Chain Changes
Should I stay or should I go??
Imports at record levels despite tarrifs
Target says no....the suppliers will pick up the tab China vs Vietnam, Vietnam vs China
• Retail Ups & Downs
Pier One Woes......Gumps Relaunch..... Kohl’s & Amazon Charming Charlie Gone.....Bed, Bath & Beyond for sale? Williams-Sonoma changes......Dollar General & Home Wayfair’s Uncertainty ...ZGallerie Update.....Big Lots
Is it a Retail Graveyard?....but the big picture says....More are opening than closing
In the Biz (Business Information)
• Alert: Freight Increase & Troubles Ahead
• Influencer & Instagram Changes What will it mean for the future?
• Li & Fung
Innovation, Transformation & The Future
• Housing Sentiments in the USA
Mortgage Rates & Strong Employment drives Confidence
• CBD comes to home Another player enters the field
And in Housewares...even Coffee
Macro/World Trends (Future Insights)
• Thrifty, Second Hand Trends are now embraced
Retailers figure it out Mainstream Thrift Shopping
Via Pinterest
Surprise...Pinterest $2 in profit for every $1 spent
Via eMarketer
Social Media OUT, Pinterset IN
Via Statista
Online Furniture Sales in USA hit $15B in 2018, up 6.4% from 2017
via BBC
Tarrif Escalation
via WGSN
Driving Forces for 2021 Macro Trends
via AHFA
New compliance for furniture stability standard
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