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[📄Report] Tool & Home Improvement Category Retail Ecommerce Industry Trends, Oct 2023
👉 THREE KEY FINDINGS IN TOOLS & HOME IMPROVEMENT CATEGORY
We have published the The State of Retail Ecommerce for Tool & Home Improvement Category, Oct 2023. There are three key findings that stood out to us:
1. RepOOS% has started to climb September, with a continued pull back on inventory on hand. This could present supply chain challenges going into Q4.
2. The category is facing strong headwinds with declining revenues, ROAS, traffic and gross margins.
3. Ad Spend and discounting has declined, indicating an overall focus on profitability for the category.