Inside Retail
APRIL 24, 2024
Furniture retailer Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture, for £3.5 million ($6.7 Nick Scali intends to pay $1 million to exercise the option to exit the existing distribution centre arrangement and inject up to $11.5 million of working capital.
Inside Retail
APRIL 21, 2023
Ikea is planning to invest more than US$2.2 The US is one of our most important markets, and we see endless opportunities to grow there and get closer to the many Americans with affordable products and services,” said Tolga Oncu, head of Ikea Retail at Ingka Group.
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Inside Retail
MARCH 5, 2024
In the property market, things are slowing for now, but the record shortage of rental properties will continue to drive prices up for tenants, particularly in our capital cities. Research and consulting firm Fifth Dimension states that the second-hand market in Australia is now worth $60 billion and growing 25 per cent a year.
Inside Retail
JANUARY 3, 2024
Europe-based home furnishing chain Habitat has shut down all of its operations, just a month after collapsing into receivership. The company’s trustees have initiated a final liquidation due to the lack of cash flow and a recovery plan. Conran opened his first store in Chelsea to market his Summa range of furniture.
Inside Retail
MAY 15, 2023
Lifestyle label Laura Ashley has partnered with homeware marketer Basford Brands to launch a soft furnishings range in Australia and New Zealand. Established in 1953, Laura Ashley sells a range of lifestyle products including home furnishings, women’s sleepwear, children’s apparel, accessories and hospitality experiences.
Inside Retail
JUNE 14, 2023
He said that New Zealand is a smaller market compared to other countries, including Australia, where Ikea has had a presence for 50 years. In terms of online shopping, New Zealand rates highly compared to many markets. The post “Fairly unique”: How Ikea plans to do things differently in New Zealand appeared first on Inside Retail.
Inside Retail
MAY 24, 2022
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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