Cindy W. Hodnett reports that tried-and-true ingredients for a retail success recipe are front and center in upholstery showrooms at summer market, with manufacturers introducing new variations on consumer favorites.
Category: Purchase Intent
Houzz study finds landscaping projects are driven by new home purchases; and homeowners use plants to cultivate curb appeal. Homeowners are making significant changes to their front yards, creating landscapes that are distinctly different from neighboring properties, according to the 2017 U.S. Houzz Landscaping Trends Survey.
“The popularity of “staycations” has influenced the way homeowners are looking at pools,” Lyon Financial reports. “No longer an afterthought, pools are becoming a way to personalize their outdoor living experience and obtain serenity and relaxation right at home for many years to come, rather than a few days of a vacation getaway here or there.
Affordable flooring is driving trends. That’s because today’s cost-conscious consumer is more demanding of value than ever, John Riha reports for HGTV. Check out some of the newest technologies and reclaimed materials that are becoming the hottest products in flooring. Wine for floors? Yes, it’s a thing.
With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year while back-to-school spending is expected to see its second-highest spending level on record, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics.
For many, a new kitchen means a healthier lifestyle, according to the 2017 U.S. Houzz Kitchen Trends Survey. The survey of more than 2,700 U.S. homeowners using Houzz who are in the midst of renos, are planning remodels, or recently completed a kitchen renovation project revealed that a third of kitchen updaters report a healthier lifestyle post-renovation (33 percent). That includes cooking more meals at home (41 percent), with three-quarters cooking five or more meals at home per week (76 percent).
Parade and Company, a children’s home interiors seller, reported trends in nursery stylings. Infant furniture and decor retailers should be sure to stock and promote the following trendy cribs, beds, rockers, themes and decorating items to drive traffic to stores.
Retail sales during the back-to-school shopping season of July and August 2017 will grow 4% over 2016, according to eMarketer’s latest forecast. Last year set a record for back-to-school season sales, but 2017 will be even better. U.S. retail sales during those core months will reach an estimated $857.18 billion, accounting for 17% of total retail sales for the year, the editors at eMarketer report.
Smarter, greener technologies are continuing to garner worldwide momentum, while the industry is predicted to enjoy healthy growth until at least 2020, World Build 365 reports. Good news for HVAC equipment and system manufacturers: global demand for products is set to reach new heights until at least 2020.