Furniture Retail’s Premiere Mobile POS Scales to Hit $1B Milestone

January 11th, 2024 by the STORIS Marketing Team

Solidifies Vital Trend of Mobile Selling for 2024

Mt. Arlington, NJ – STORIS NextGen’s web-based Mobile POS surpassed the billion-dollar milestone with $1.4 billion in annual sales processed solely via mobile in 2023. STORIS’ results reinforce consumer demand for mobile experiences and emphasize the role of mobile technologies for leaders crafting their 2024 strategy.

The acceleration of STORIS NextGen’s Mobile POS revenue follows trends seen at large. Statista expects Mobile POS transactions across US retail sales to hit $1.28 trillion by 2027, growing at a CAGR of 18.46% over 5 years.

STORIS NextGen’s mobile sales surged over the holiday season with $675 million over the last 60 days of 2023. This is a bright indicator as furniture retail kicks off the new year. $50M in revenue was achieved on Black Friday alone. As sales skyrocketed on this busiest day for promotions, STORIS NextGen’s Mobile POS scaled seamlessly, processing a transaction every 2.6 seconds. It was a high note for the 10,000 furniture sales professionals who trusted STORIS NextGen Mobile POS to close record-breaking holiday sales.

Forrester affirms the importance of mobile in a 2023 article: “To reap the benefits of customer obsession, retailers need a technology strategy that is customer-led, insights-driven, fast, and connected.”

The growing adoption of Mobile POS solves a top consumer pain point. A 2023 Theatro Survey on Retail Customer Experiences found that for 71% of customers, long lines and crowds were the most frustrating aspects of brick-and-mortar retail.

“Mobile POS removes friction in retail with its precise inventory data and ability to checkout orders from anywhere during peak sales surges. In 2024, retailers must meet customers where they are – anywhere, with the experience they crave – mobile.”
Mark Braun, Product Manager for STORIS NextGen

In 2023, STORIS launched key mobile functionality, catapulting its successful year. Features valued by its Top 100 partners include:

The product team at STORIS has a valuable retailer-driven roadmap of new features slotted for 2024 to align with the continued rise of mobilization.

Retail leaders, mobilize your sales team to break your own sales records in 2024. Book a product tour today or visit us at an upcoming industry event, including the FMG Symposium and Las Vegas Market.

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