While the home + housewares industry saw record growth from the pandemic, many other industries faced significant headwinds. What lessons can we, in the Housewares industry, learn from those industries that have had to think differently in order to survive- what of their experience can make us more adaptive? Join Industry Advisors from The NPD Group: Joe Derochowski (Home), David Porlatin (Food), Larissa Jensen (Beauty), Steve Baker (Technology) and Matt Powell (Sports); Moderated by Peter Giannetti.
Shifting realities, needs, and expectations are transforming how consumers define value as they search for stability and security. For retailers, suppliers and service providers, consumer insight will be the most essential component of successful strategies in product development, assortment planning, sales and service initiatives, and even supply chain management. Find out how consumers are defining value in today’s world and how you can position yourself to deliver.
Now that it’s all said and done, let’s get a look at how the Home + Housewares industry fared during the most disruptive year in a generation. Get a look at how the year ended, including a recap of category, channel and holiday-specific outcomes.
Plenty of new consumer needs were established during the pandemic. Which are here to stay and which are fleeting? How will consumers navigate a world where contagious diseases are disruptive rather than irritating? And what is and will be important to consumers in their purchase decisions in the near term?
