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Biryani instead of meatballs: Here’s Ikea’s recipe for success in India

Inside Retail

As it unpacks the market layer by layer, Ikea’s range of services and products is constantly expanding to suit the evolving needs of Indian shoppers. We’re still in the nascent stages in terms of home furnishing category,” Kavitha Rao, India’s chief commercial officer told Inside Retail. Breakfast, biryanis, and homeware s.

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Walmart Creates Five New-Look Flagships

VMS

The move is designed to spur sales of higher-margin, discretionary items such as apparel, beauty products and home furnishings. That previous coverage said Walmart planned as many as 30 such flagships.) (That previous coverage said Walmart planned as many as 30 such flagships.) Great prices.

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Why international stores are key to Costco’s future growth

Inside Retail

Store growth for Costco going forward will be focused more away from the US than domestically because of decreasing opportunities for expansion at home. Newer stores are not as productive as older ones, indicating that the concept is approaching saturation or already there in the US and Canada, where Costco has most of its locations.

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Full House: Steven Lew’s GRB unveils new homewares brand

Inside Retail

Global Retail Brands Australia (GRBA) is making an aggressive push into the home furnishings market with the launch of a new brand, House – Bed & Bath. This provides the environment to introduce quality and price pointed accessibility of our brands to new markets across Australia,” Lew said.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

Vincom is easily the largest mall developer and operator in Vietnam, and wants to focus less on new development this year and more on a trifecta of objectives aimed at its existing mall fleet: driving rental growth, upgrading its market positioning, and strengthening the shaky operating metrics of elements of its far-flung portfolio.

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3 Trends That Will Positively Impact Retail in 2022

VMS

Tenspace (Columbus, Ohio) offers digital native and direct-to-consumer brands, like sports apparel brand Rudis, a physical space to test store concepts and brand activations. Now, the same underlying concept is making its presence felt in retail – think of it as a pop-up shop on steroids. NURTURING NEWBIES. Broomfield, Colo.),

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Case Study: Marine Home Center

Parcel Pending

Marine Home Center opened as a lumberyard in 1944 and has diversified and expanded its five-acre campus to become the market leader in high quality and performance building material distribution with retail departments offering hardware, paint, tools, home furnishings, appliances, and home goods since 1973.