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Ikea unveils US$2.2 billion expansion plan 

Inside Retail

billion in an omnichannel expansion strategy in the US over the next three years. Ikea expects to open eight additional shops, nine Plan & Order points, and create more than 2000 jobs during this first phase of expansion. The expansion is a potential threat to Wayfair, At Home and other many mass-market players.

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Ikea to launch small-format Planning Studio concept in Australia

Inside Retail

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. The first is in Northwest Melbourne, with the second planned for Newcastle.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

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. The company’s strategy is to nurture the presence of international anchor players, complemented by Vietnamese brands.

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2XL Home Luxury more accessible with the Grand Opening of its new Al Barsha Store in Dubai

Design Middleeast

Elevating the standard of luxury home furnishings, 2XL Home proudly announces the opening of its new store on Umm Suqeim Road, Al Barsha, Dubai, UAE. 2XL Home has strategically positioned itself in the bustling heart of Al Barsha, Dubai, aiming to redefine the local luxury home furnishings landscape.

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Retail appointments of the week

Inside Retail

Coco Republic appoints lead director to power US expansion By Dean Blake Homewares brand Coco Republic has appointed former president and CEO of H&M North America Daniel Kulle as its Lead Director.

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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. Costco then will be increasingly looking beyond its home base for expansion opportunities. Sales of non-food items decreased 0.4

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“Fairly unique”: How Ikea plans to do things differently in New Zealand

Inside Retail

Ikea Group’s expansion manager Fabian Winterbine told Inside Retail that New Zealand has been considered something of a “missing piece” for many years. Global expansion At the moment, Ikea’s main focus is entering the New Zealand market, and opening the new store before the end of 2025, together with its online shopping platform.

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