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Forecast indicates a 40.8% growth in the UK furniture resale market between 2022 and 2027, reaching £1,101 million, driven by increasing financial and environmental concerns among consumers, surpassing the overall furniture market growth rate of 7.9%. Younger demographics, particularly 24-34-year-olds, contribute significantly, constituting 10.7% of total purchased resale furniture. Explore the latest trends in the UK furniture resale market through GlobalData’s newest report.

The retail industry is on the brink of a significant transformation, fuelled by the ever-improving capabilities of AI.

As 2023 draws to a close, Retail Insight Network examines this year’s top trends and the data underpinning them.

In an exclusive interview, Nikki Baird of Aptos Retail, shares profound insights into the evolving retail landscape.

Discover the hottest Valentine’s Day products for your small business on Chovm.com. Explore low minimum order quantities and unbeatable prices from leading suppliers.

Gear up for the big game with Chovm.com! Explore the hottest products, from sportswear to trending tech, with low minimum order quantities and unbeatable prices.

Global freight and e-commerce face significant challenges due to Red Sea disruptions, with expert forecasts indicating long-term implications for shipping and trade.

Global entertainment platform TikTok has entered a strategic partnership with GoTo Group to restart online shopping business in Indonesia.

UK total retail sales rose 2.7% in November 2023 against 4.2% growth in November 2022 as living costs trigger consumers to rein in spend.

Forrester, the global research and advisory company, has released its latest report predicting a positive outlook for the retail markets of five European countries (France, Germany, Italy, Spain, and the UK).