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World-first Ikea Close to You concept opens in Hong Kong

Inside Retail

Home furnishing giant Ikea has launched the world’s first Ikea Close to You concept store inside the Market Place grocer in Hong Kong’s Discovery Bay. The new store was opened alongside Bread Pantry at the Market Place Discovery Bay launched last Friday (October 1).

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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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Analysis: A Japanese retailer with Lofty overseas prospects

Inside Retail

Japanese retail is not only good on its own patch – you will find some of the most attractive stores in the world here – but when Japanese concepts have travelled to other countries, they have generally gone over well. In each case, the arrival of these brands in new markets has generally been greeted with huge enthusiasm.

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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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Marimekko Returns to New York

VMS

Located at 97 Wooster St., Even in the digitalized world, creative and experiential physical retail concepts have an important role as the hearts of brand culture that build awareness, deepen the customer experience and support omnichannel sales.”. Its key markets are Northern Europe, the Asia-Pacific region and North America.

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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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