The Inspired Home Show 2023 will take place at the McCormick Place Exposition Center in downtown Chicago. Take advantage of the numerous Show services that are offered to make your trade show experience as productive as possible. Stay at one of the many world-class hotels located within minutes of the Show’s doors and be sure to utilize free bus transportation to and from the Show each day.
Session title: Decision making when instability is the only constant
Session description: We learned in 2020 that most of what we “knew” about forecasting was both flawed and highly vulnerable to shocks. In 2021, we learned our thinking around the purpose of stores was equally incomplete. Then 2022 was the year that taught very harsh lessons in margin and balance sheet management - the pain of giving in to commercial “FOMO” and failing to pass cost through in good time reverberates still in 2023. In this presentation, Euromonitor International provides an overview of the scale of pressure faced in 2022, the responses that made the biggest difference, sharing how related consumer behaviors have changed in the last couple of years, and how that is translating into the home furnishings and cookware industries. Attendees will leave with pragmatic sector benchmarks, and they will see how rapidly the sector is pivoting to prepare for the next harsh lesson.
Date and time of the EMI session: 5 March 2023, 11:30 am - 12:20 pm
Name and title of all speakers involved: Nick Stene, Senior Industry Manager and
Catalina Flores, Senior Research Analyst
Register HERE.