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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. The first is in Northwest Melbourne, with the second planned for Newcastle. There will be no food on sale, as the main focus of the concept store is assisting customers in customising their home furnishing solutions.

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Ikea unveils US$2.2 billion expansion planĀ 

Inside Retail

Ikea is planning to invest more than US$2.2 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. billion expansion plan appeared first on Inside Retail.

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How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

MV: In recent years, we have invested heavily in our journey as an innovative omnichannel retailer, opening Plan and Order Point locations in Greater Melbourne and Sydney, enabling us to be exactly where our customers need us to be, which is a key part of our growth strategy for Ikea in Australia.

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Nick Scali to acquire Fabb Furniture to enter UK

Inside Retail

Furniture retailer Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture, for Ā£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.

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RH to Remodel All Stores, Unveil New Gallery Design

VMS

That plan was disclosed by CEO Gary Friedman in the companyā€™s third quarter earnings call , though he didnā€™t offer details on the upcoming brick-and-mortar initiatives. Upscale furniture maker RH (Corte Madera, Calif.) will remodel all of its stores and introduce a new gallery design as it looks toward the coming year.

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No, retail-landlord relationships need not be combative: collaboration can work

Inside Retail

Corr is the founder and principal of Retail Network Strategies which is redefining the approach to developing retail store networks, by working with landlords and store owners to develop a collaborative approach to lease negotiations aiming to put the consumer first, to the benefit of all parties.

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Vietnamā€™s Vincom shifts focus from expansion to upgrades

Inside Retail

Just two new openings are planned for this year: VMM Grand Park, a Mega Mall in District 9, Ho Chi Minh City; and a Vincom Plaza in Ha Giang in the far north, near the Chinese border. With only two openings planned, and none in the first three quarters, this will be a crucial year for Vincom to come to grips with the vacancy problem.

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