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Ikea to launch small-format Planning Studio concept in Australia

Inside Retail

Ikea is to launch its small-format planning studio concept in two locations in Australia this year. Unlike its traditional warehouse-like stores, the Planning Studio is sized between 300-500sqm and designed for customers to plan and order complex home furnishings and services such as dining, kitchens, and bed spaces.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

The company attributes this partly to a shortage of high-quality supply to address a strong demand for high-quality space. The real engine of occupancy growth is likely to be the expansions of the latter. The post Vietnam’s Vincom shifts focus from expansion to upgrades appeared first on Inside Retail.

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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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Daiso, Muji, Moshi Moshi? Why this Japanese-inspired chain is taking off

Inside Retail

Following in the tradition of Japanese retailers like Loft, Daiso and Muji that bring chic to everyday items and are consummate visual merchandisers, Thailand’s Moshi Moshi has gone into full expansion mode with a concept that uses the same template. Some stores also sell pet accessories.

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IKEA trials “Home Experience of Tomorrow” concept store

Retail Focus

IKEA Xuhui will be testing an innovative retail concept centred around enabling people to live a better and healthier life within the limits of the planet. Instead, the new layout will expand into a mix of open squares and calm spaces, inviting visitors to interact, connect and recharge. The essence of retail is to serve people.

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