The International Housewares Association (IHA) released its 2023 IHA Market Watch Report, which aims to help the home and housewares business connect with consumers in its evaluation of five primary lifestyle factors driving consumer purchase decisions: Wellness,...
Consumers are reimagining rice cookers, and the evolution of rice cookers as a more versatile cooking appliance is driving steep sales growth, according to market research firm Circana. Sales of the “straightforward” rice cooker appliance are up 34%, and units sold...
The luggage and travel goods business fell sharply during the pandemic, but the sector is staging a comeback amid the resurgence of business and recreational travel. The luggage and travel goods business fell sharply during the pandemic, but the sector is staging a...
Consumers remain wary of spending given the uncertain economy, according to Circana, which reported U.S. discretionary general merchandise retail sales revenue dropped 4% in February 2023 year over year while unit sales slipped 5%. Weekly declines have remained...
Home industry advisor Joe Derochowski, speaking at The Inspired Home Show, said a close watch on eating and drinking trends can inform and drive home product innovation vital to the future of the business. Derochowski, group vice president and home industry advisor...
