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Inspired Home Show To Discuss Inflation, Strategies For Success

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Creating strategies for success in the current economic marketplace will be the focus of this year’s presentations March 4-7 at The Inspired Home Show at McCormick Place in Chicago.

Sessions will explore topics such as inflation’s influence on the housewares consumer; directional dining and drinking trends; purchasing in a digital world; new packaging concepts; looking at history to forecast the future of housewares; export operations, procedures and compliance; and the state of the travel goods industry.

Sessions on March 4 begin at 11:30 a.m. running through 3 p.m., beginning with Anita Desai, head of home and living at TikTok, discussing “Discovery to Purchase in a Digital World.” Digital platforms doubled-down with full-funnel commerce offerings from discovery through purchase. Consumers are learning, sharing and buying products online more than ever.

The other Saturday session is “2024 Householder Trends: A View of the Year.” Kate Usher of TrendBible will explore change in the home and interiors industry in 2023 and discuss the key shifts impacting the way householders will think, feel and act.

The sessions on March 5 include:

  • Inflation’s influence on houseware consumer behavior
    • Peter Greene of Numerator will explain how inflation is impacting the housewares industry and what it means for consumer spending in the face of a potential recession.
  • Food and flavor 2023-24: directional dining and drinking trends and the home and housewares consumer 
    • Leigh Ann Schwarzkopf of Project Partners Network will examine the latest food and flavor forecasts through new directions for sweets, savories and beverages.
  • State of the U.S. travel goods industry
    • Beth Goldstein of The NPD Group examines how pandemic-related consumer behaviors and priorities are impacting the U.S. travel goods market.
  • PFAS regulation and housewares update
    • Fran Groesbeck of The Cookware and Bakeware Alliance will lead a panel discussion offering an overview of PFAS chemicals and what those across the industry need to know about new legislation requirements related to PFAS and how to adapt. 

The theater concludes March 6 with these sessions:

  • Back to the future: looking at history to forecast the future of housewares
    • Joe Derochowski of The NPD Group will provide a forecast for 2023 and talk about growth opportunities by taking a look back in history at consumers’ behaviors during past challenging economic times.
  • New directions in licensing and branding: essentials for businesses of every size and shape 
    • A panel of experts, including Schwarzkopf and Tammy Talerico of Church & Dwight, will explore how licensing can enhance consumer confidence and drive customer loyalty, supporting the core identity of both retailers and suppliers.
  • Export operations, procedures and compliance 
    • Thomas Cook of Blue Tiger International will offer a broad scan of what and how to address export compliance. Topics include export supply chain, documentation, managing export trade compliance, export regulations, Incoterms, export licensing, license exceptions, export case studies, recordkeeping, electronic export information and other government agencies involved in the export process.
  • Retail 360: redefining the customer experience
    • The Global Innovation Award judges will discuss key elements of a successful retail operation in 2023, offering advice on functions from store planning and marketing to visual merchandising and the use of digital technologies.

For more information and to register, visit TheInspiredHomeShow.com/register.

To read more center store news from The Shelby Report, click here.

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