“I spend a lot of time on Zillow,” Scott Tannen, the CEO and co-founder, with his wife, Missy, of the luxury bedding and home brand Boll & Branch, told Retail Brew in a recent interview. “Zillow is my favorite sport, actually.” Tannen is not in the market for a new home. He was telling us about how Boll & Branch, which launched in 2014 as a DTC brand highlighting fair-trade practices and organic cotton, is turbo-charging its brick-and-mortar strategy, nearly doubling its footprint, from eight to 15 stores, over the last year. “You’re looking at average household income, you might as well also be looking at number of bedrooms,” Tannen said of his Zillow proclivity. “It’s not a surprise that Dallas”—where a location opened in 2023—“is our top store.” Homes in that area have “some of the largest square footage relative to the lot sizes in the country.” “If you look across our store mix, you’re going to start seeing a trend…We are in Birmingham, [Alabama]—very large houses relative to their market size. We’re not in downtown Chicago; we’re out in the western suburbs.” In Bethesda, Maryland, where the company opened its latest store in October, Zillow estimates the current average home value at $1,107,992, up from $843,132 in 2017. Keep reading here.—AAN |