Q&A: Where are this summer’s opportunities? by Home Accents Today
What does the rescheduled summer market season hold for buyers? To get an in-depth look, Home Accents Today put the question to the top suppliers in the industry, including Howard Elliott. Here is an excerpt from the article in Home Accents Today written by Allison Zisko, Editor in Chief; Bill McLoughlin, Editor in Chief; Thomas Lester, Digital/Managing Editor
At long last, the summer market season is readying for kick-off with events in Atlanta, Dallas and Las Vegas all opening their doors next month. With consumers showing strong interest in redecorating their homes after months of sheltering in place there appears to be strong retail appetite for new goods in an effort to maximize this pent-up demand.
To help retailers identify their best opportunities for growth and focus on the hottest categories and products that consumers will be craving to refresh their décor, Home Accents Today reached out vendors across the industry. They’ve shared their insights on what’s hot, what’s selling and where the product action will be heading in the future.
WE ASKED WHAT PRODUCT CATEGORIES PRESENT THE GREATEST OPPORTUNITIES FOR SHORT AND LONG-TERM GROWTH HEADING INTO SUMMER MARKETS? WHY?
Colleen Daly, Vice President, Howard Elliott
“We believe will continue to see growth in decorative accents as well as smaller scale mirrors and accent furniture that can easily be drop-shipped via small parcel carriers. While retailers are continuing to open their stores to their customers, many people are still not ready to shop in person yet. As consumers are spending more time in their homes, many look for easy ways to update their décor.
“We are seeing a shift to e-commerce and curbside pickup for many of our customers and the smaller items make it easy for their customers to pick up or have shipped to their homes. For stores, these categories take up a smaller footprint in their store and are easy fill in items to purchase. In anticipation of this growth, we have increased our inventory levels for these categories in order to position ourselves to assist our customers more quickly.”
You can read the entire article, including the responses from other notable people in the industry here: Read the Full Article >
