Online furniture segment sees sudden spurt in growth post COVID-19

a living room filled with furniture and a large window: Online furniture segment sees sudden spurt in growth post COVID-19

© India Today Group
Online furniture segment sees sudden spurt in growth post COVID-19

Constituting merely 3 per cent of the organised furniture market in India, the online furniture industry has emerged as one of the fastest-growing e-commerce segments in the country. While the segment has been growing at 35-40 per cent for the past five years, the pandemic COVID-19 has resulted in a sudden upsurge.

“Two megatrends driving the demand for online furniture were the increased digitisation and growing share of urban millennials. However, in today’s scenario, with people spending a significantly substantial time indoors in the wake of the COVID-19 pandemic, there has been a rise in the demand of various home improvement products – especially over the last couple of months,” says Rakesh Kaul, CEO & Whole Time Director, Somany Home Innovation Limited (SHIL).

Growth trajectory

The pandemic has given rise to new market trends and helping

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Local businesses helping each other stay afloat

COHOES, N.Y. (NEWS10) — This is a time where, unfortunately, we’ve seen far too many businesses shutting down and redevelopment grants become slim. For Cohoes, investors say they had great momentum for the city before the pandemic, saying they’re not going to let it stop them.

“The pandemic hit, and then it came to a complete halt, and we thought, ‘What can we do at this point?’” said Daniel Oh, Managing Partner for Capital Companies NY. “At that point, we decided. Let’s give the best deal we possibly can.”

Between the partnership of Capital Companies NY and Go Gonzalez, they offered a grant of one-year free rent and a technology grant to help with website and online support.

“Helping them understand what might tick down here and also to help them with their business development effort and communication effort,” VP of Operations at Go Gonzalez, Manny Santos said. “To be

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Robinhood says a ‘limited number’ of accounts were recently hacked

Hackers compromised users’ personal email accounts outside of the trading app, and used those emails to gain access to customers’ Robinhood accounts, a Robinhood spokesperson said in a statement.

While Robinhood did not specify the number of accounts affected, Bloomberg reported that nearly 2,000 customers had their accounts compromised, citing a person with knowledge of an internal review. Bloomberg first reported the compromised accounts last week. Robinhood, the trading and investment app popular with millennials, has more than 13 million customer accounts total.

“The security of Robinhood customer accounts is a top priority and something we take very seriously,” the statement reads.

The company is now working with affected customers to secure their accounts. Robinhood has also encouraged customers to protect their accounts using mechanisms such as two-factor authentication. In a push notification to customers sent last week marking National Cybersecurity Awareness Month, the company said: “2FA adds a strong

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N.J. allows family visits in nursing homes, but some say they’re still banned from seeing loved ones

Frustrated that many nursing home operators appear to be ignoring a state memo in August permitting limited indoor visits, dozens of family members pleaded with the state Long-Term Care Ombudsman Wednesday night to help them end their loved ones’ isolation that began when the pandemic struck seven months ago.

Ombudsman Laurie Brewer, the state-appointed advocate for people in long-term care facilities, said she anticipates the state Department of Health will make an announcement soon that will broaden the terms of the plan it issued in August. She just doesn’t know when.

In the meantime, she encouraged families to continue appealing to state leaders, especially with the Thanksgiving, Christmas and Hanukkah holidays approaching and the threat of a second wave nearing with the colder weather driving everyone inside.

“I think it’s important that your voices be heard, with the regulators, the legislators, the executive branch. We can’t go back to a

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The best Instant Pots for 2020

The name Instant Pot has become synonymous with fast and easy recipes. You can make everything from shredded chicken to dessert with minimal time and effort. Our pick for the best Instant Pot is the tried-and-true . The Duo 80 is large enough to fit a whole chicken or roast, yet versatile enough to cook everything from cheesecake to chili. If the Duo 80 isn’t for you, we’ve also chosen our picks for the best Instant Pot models to choose for an individual, a beginner, a family of four, a large family, and for those on a budget.

You can also check out our list of the best Instant Pot deals ahead of Black Friday deals if you’re hoping to snag a discount this year.

Best Instant Pot at a glance:

  • Best Instant Pot: Instant Pot Duo 80

  • Best Instant Pot for a single person or couple: Instant Pot Duo

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Google develops AR cars for Volvo and Porsche to market in search

Automakers are looking for new ways to sell cars while consumers change their shopping patterns to adjust to social-distancing norms in the COVID-19 era. Car sales took a hit, especially in the early months of the pandemic, but this month there have been signs they are starting to pick up. Car sales rose 4.8% year over year in September, the first such increase since February, according to the Associated Press. Sales were down in total year over year in the third quarter, but were seen rebounding from the second quarter.

A recent survey from TrueCar, a group that studies auto consumers, found that 33% of shoppers reported visiting fewer dealerships during the pandemic. Meanwhile, 41% of car shoppers said they would be encouraged to work with car dealers that “allow them to configure their deal online.”

“Although concern over virus exposure is ebbing, shoppers still desire a comprehensive online shopping

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Rebecca Naomi Jones, Lauren Patten, Seth Rudetsky and More to Take Part in Only Make Believe Virtual Gala

The 21st Annual Virtual Gala will be held on Monday, October 26th, 2020 at 7pm and celebrate the music Rodgers & Hammerstein.

Rebecca Naomi Jones, Lauren Patten, Seth Rudetsky and More to Take Part in Only Make Believe Virtual Gala

Only Make Believe has announced that their 21st Annual Virtual Gala will be held on Monday, October 26th, 2020 at 7pm. The event, presented in part by The Walt Disney Company and produced by Broadway Unlocked, will be a virtual evening celebrating the music Rodgers & Hammerstein and the incredible transformation the organization has undergone throughout 2020. Honorees this year include Darrell S. Cafasso of Goldman Sachs with the OMB Founder’s Award and partner facility Manhattan Star Academy with the OMB Star Award.

This celebration will begin with interactive pre-show entertainment at 6:30pm EST in the mezzanine of the Virtual Theatre, including a mixology room with custom cocktail from Food Network star Bobby Flay, and additional entertainment after the mainstage performance, including Jason Kravits’ Off The Top Improv

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H&M And The Ellen Macarthur Foundation Rethink Denim Design And Production In A Move Towards Circularity | State

NEW YORK, Oct. 15, 2020 /PRNewswire/ — A pair of jeans is likely the most common garment that we can find in any wardrobe around the world. In order to transform the way jeans are made today, last year the Ellen MacArthur Foundation’s Make Fashion Circular initiative defined how denim design and production could fit into circular economy principles, through durability, recyclability and responsible use of resources. As a result of the participation in this visionary project, H&M will launch a remarkable men’s denim collection inspired by natural simplicity. H&M Jeans Redesign launches October 15th and will be available in select stores worldwide and online at

There are three jean styles, two jackets, an overshirt, tote bag and a bucket hat – all made from denim with a modern workwear vibe – in a color palette of light grey, washed black, mid-blues and deep indigo. The collection

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Disney’s New Global Service, Second Wave COVID-19 Headaches & Inventive Marketing

Mipcom is the biggest international TV get-together of the year, but the 2020 event was a different beast due to COVID-19. While there were hopes the Cannes affair could take place in person this October, organizer Reed Midem revealed in September that the market would go virtual — and judging by the fast-rising COVID-19 count in France and toughening restrictions, that was probably a wise idea. Here are takeaways from an extraordinary year.

New Market Leaders

A decade ago, Mipcom’s main trade was Hollywood majors talking up rookie fall hits to broadcasters and pay TV worldwide. No more. As the studios hold back ever more of their flagship shows for their own OTT platforms, two new categories of market drivers have emerged: Super Indies — to use Ampere Analysis’ coinage — such as Banijay, Fremantle, BBC Studios, ITV and Beta Film; and global streamers, more of whom are ever more

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Kate Hudson’s Lookalike Son Does a Hilarious Impersonation of Her

Kate Hudson has made a career of portraying other people on screen, and it seems that the actress’ teenage son may be following in her footsteps. Hudson’s eldest child, 16-year-old Ryder Robinson, whom she shares with ex-husband and Black Crowes frontman Chris Robinson, took it upon himself to not only make a cameo in his mom’s recent Instagram video, but steal the spotlight with a dead-on impression of her.

In the video, Ryder nails his mom’s voice and demeanor as he imitates her. “Kate Hudson here. I know you know me, because you follow me,” says the teen, as his mom looks on, smiling. “So, today we’re going to be making a goji berry In Bloom protein shake. It’s delicious, I give it to my kids. They love it.”

“Every day. This is my life every day with @mr.ryderrobinson,” Kate captioned the hilarious video.

This isn’t the first

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