Hey everyone, and welcome to this week’s installment of TraQing News! We’ve rounded up some content for you as you wind down your work week. From meeting the dogs of Amazon to the popularity of online furniture startups, here are some of our favorite articles from this week:
Furniture startups skip the showroom and go straight to your door | Holden Page: Online furniture startups have become the darling of venture capitalists. Over the past few years, furniture startups have received a collective $1.1 billion in funding. Advances in logistics, as well as younger consumers’ tending to rent homes rather than buy makes online furniture sales & delivery an attractive prospect for investors.
Retail Giants: Two Heads (And Core Categories) Are Better Than One | Alan Wolf: TWICE magazine is offering a combined look at its top CE, top Major Appliance, and top E-Commerce lists, showing where retailers rank overall in key consumer durables categories. Some of the results should come as no surprise (Hi there, Best Buy & Amazon earning top spots!), but others might be unexpected!
No surprise here: Amazon sold over 100 million products on Prime Day | Jake Krol: Apparently Amazon had a small sale this week? I kid, I kid, but Amazon’s annual Prime Day sale broke records this week. Despite early glitches that introduced many customers to the Dogs of Amazon, the company still sold millions of products- with their in-house consumer electronics being especially popular among consumers.
If articles like these have whetted your appetite for more consumer durables industry news, follow @TraQline on Twitter and The Stevenson Company on LinkedIn! See an article you think we should feature in our weekly roundup? Let us know by tweeting us and tag it with #TraQingNews.