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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.

Expansion 130
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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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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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“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. He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. So we expect that to do well,” he said.

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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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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. This, too, will be member-based. Sales of non-food items decreased 0.4