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Franchise Group has filed for Chapter 11 bankruptcy as part of a restructuring agreement with its primary lenders that will allow its three strongest banners — Pet Supplies Plus , The Vitamin Shoppe and Buddy’s HomeFurnishings — to remain in operation. 5 at its 365 locations and online.
The 4,120-square-foot store will be the first location in Michigan for the retailer, which sells women’s and men’s apparel, jewelry, footwear, accessories, homefurnishings and art. The Sundance store at The Village of Rochester Hills is one of three new stores the retailer is opening across the country this year.
Franchise Group owns and operates a number of “franchised and franchisable” businesses that include The Vitamin Shoppe as well as Pet Supplies Plus , Wag N’ Wash , American Freight , Badcock Home Furniture & More , Buddy’s HomeFurnishings and Sylvan Learning. The transaction is valued at approximately $2.6
Ikea is to launch its small-format planning studio concept in two locations in Australia this year. Unlike its traditional warehouse-like stores, the Planning Studio is sized between 300-500sqm and designed for customers to plan and order complex homefurnishings and services such as dining, kitchens, and bed spaces.
The store also will feature a home planning hub offering complimentary one-on-one design consultations with Ikea homefurnishings experts and a selection of 3,500 affordable homefurnishings accessories and small furniture. Customers can have larger pieces delivered to their homes or to a network of pickup points.
Once reserved online, customers can make the purchase by visiting their selected store’s As-Is area, located near the checkout area. A new ‘ As-Is Online ’ section on the Ikea website lets customers access discontinued items, used showroom display items as well as pre-loved goods returned through the business’ Buy Back service.
IKEA will expand options for urban customers on the West Coast with two planning studios in the Los Angeles area set to open in spring 2022: one in Long Beach and a second in a yet-to-be-determined location. Shoppers will be able to book appointments with design specialists to help with both planning and ordering homefurnishings.
These benefits are being offered on top of existing rewards such as special product offers, exclusive access to events and workshops, and a complimentary coffee or tea at the IKEA restaurant. billion ) to open new locations and renovate existing stores by the end of 2023. . This latest push by IKEA U.S. in a statement. “By
Homefurnishings retailer Wayfair will be part of a six-week autonomous delivery pilot this July and August along the I-45 corridor between Houston and Dallas. At Wayfair, innovation is at the core of everything we do, and this pilot with J.B. Hunt 360 technology to automate processes such as check calls and transactions.
Photo credit: KPF) Locatedat the intersection of the Plaza and Grand Central Districts, 570 Fifth Avenue will be a 1,000,000 -square-foot mixed-use commercial building and marks the largest development on Fifth Avenue in more than 60 years. Rendering of 570 Fifth Avenue, which will feature an office tower and ground-level Ikea.
Luxury homefurnishings e-retailer Perigold (Boston) has opened its first physical store , in Houston’s Highland Village shopping center. The retailer, founded in 2017, also said it will open a second store this fall, at the CityPlace complex in West Palm Beach, Fla.
IKEA will open the doors of its highly anticipated Oxford Street store onThursday 1 st May, marking the completion of an extensive environmental upgrade of the Grade II listed building at 214 Oxford Street in central London. Acompactself-serve area housessmaller pieces of furniture for customers to take home in the iconic blue FRAKTA bag.
Ikea has confirmed its highly anticipated Oxford Street flagship will open at the start of May following an extensive environmental upgrade of the Grade II listed building. London is an iconic shopping destination, and we are thrilled to now have a home in its centre. We look forward to welcoming you in.
The company will achieve this by opening 900 new pickup locations where customers can collect purchases; eight new stores; and nine Plan & Order points, where shoppers can schedule free appointments to discuss their interior design needs with Ikea’s experts. “We We know U.S. in a statement. “We
By 2032, digital will be the most important area of their business, and sectors that today have remained relatively untouched — motor vehicles and parts, convenience stores, furniture/homefurnishing stores, building material, and more — will have reinvented their digital posture and orientation.
Mitchell Gold + Bob Williams HomeFurnishings Outlet has opened at Vero Beach Outlets, a 340,000-square-foot outlet center located in Vero Beach. Vero Beach, Fla. The store opened within an 11,000-square-foot space.
Global Retail Brands Australia (GRBA) is making an aggressive push into the homefurnishings market with the launch of a new brand, House – Bed & Bath. The average size of a House store is 150-160 metres, we’re looking at [growing that to] about 200.”. We’re definitely looking for larger footprints.
So, buckle up, homefurnishings retailers; we’re ready to accelerate. We surveyed homefurnishings retailers for insights on strategies to accelerate growth. The State of the HomeFurnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success.
The Swedish furniture giant has spent the last three years transforming the 5,800sqm space that was once home to Topshop into a mecca for home decor lovers. The inner city store – a relatively new concept for the retailer – is housed inside the Grade II-listed building at 214 Oxford Street and spans across three floors.
Homefurnishing 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).
Retailers must construct their digital environment as carefully and strategically as they do their physical store locations. A returns process that has been devised to reduce logistics costs at the expense of customer experience is likely to convert a dubious customer experience into a negative one.
Designing a photoshoot for a furniture collection is typically an expensive, logistics-heavy procedure that involves months spent coordinating teams of people, products and locations. This approach came naturally to Cloth & Company, which puts technology at the heart of its operation.
JD.com has opened two robotic shops by the new brand name “ ochama ” in the Netherlands, with more locations to follow soon. The new model of shops introduces an unprecedented shopping format merging online ordering and pick-up shop in which robots prepare the parcels, and home delivery service.
Alex Richardson, Chief Technology and Digital Officer at haircare retailer Frederic Fekkai Brands , noted during the presentation that “Even though we only have about 20 SKUs, we found a lot of customers didn’t know quite which product to use, since you can just walk into Target or Ulta Beauty and look at the shelves of products.
The future of augmented reality (AR) in retail was on full display at a pop-up event hosted by makeup brand Pat McGrath Labs and Google earlier this week. “When it comes to makeup, I always say, ‘use without caution,’ and now you can shop without caution, too.” In 2020, 83.1 million in the year prior.
The rise of cyber-attacks across industries has elevated cybersecurity from a background consideration to a mission-critical priorityespecially for homefurnishings retailers. For homefurnishings retailers, these risks are magnified during peak selling periods, where even a brief disruption can result in substantial lost revenue.
8 at 366-368 King’s Road, marking the brand’s debut central London location. . 8 over the summer on a pop-up basis at 227-229 & 239 King’s Road are interior design brands, Libby Blakey Designs and Mews Furnishings. ft pop-up space at 239 King’s Road acting as the first tangible store for the online retailer. .
“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. In addition, Ikea will build 900 new Pick-up locations where customers can pick up purchases made online.
IKEA will open the doors of its highly anticipated Oxford Street store on Thursday, 1 st May , marking the completion of an extensive environmental upgrade of the Grade II listed building at 214 Oxford Street in central London. Acompactself-serve area housessmaller pieces of furniture for customers to take home in the iconic blue FRAKTA bag.
As I browsed websites of stores located near me, I started to create a wishlist of my favorite sofas. Second, I couldn’t find whether or not the sofas were in-stock at either retailer. The most common challenge vocalized by homefurnishings retailers in 2019 was how to increase store traffic.
Johnstons of Elgin, the luxury Scottish Cashmere and fine Woollens manufacturer, has launched its debut outlet store at Kildare Village in Ireland. . Items featured in the boutique include timeless womenswear and menswear ranges, alongside luxurious textile accessories and woven homefurnishings. .
The homeware retailer’s 4,500sq ft space will open this winter, offering an easy-to-shop environment in a high footfall location as it looks to boost its presence in the capital. Products will cover Dunelm’s home and furniture categories and will include the latest collections and collaborations.
Specifically designed for homefurnishings retailers, STORIS provides a comprehensive retail platform that seamlessly integrates essential business operations like point of sale, inventory management, delivery scheduling, and customer relationship management (CRM). STORIS gives you real-time, accurate inventory visibility.
Creating a unique shopping experience in the heart of one of the worlds most dynamic shopping streets, IKEA Oxford Street will bring together homefurnishing inspiration and retail innovation, offering more than just a place to shop. Classic IKEA dishes will be available including hot dogs from 0.85
Store growth for Costco going forward will be focused more away from the US than domestically because of decreasing opportunities for expansion athome. 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.
Locatedat 100 Oxford Street, the store showcases the retailer’s new beauty and fragrance collection alongside its range of plushies, homefurnishings and toys. The 2,700sq ft flagship is one of three new stores the Chinese giant is set to unveil before the end of this year.
Homefurnishings and kitchenware brand Williams-Sonoma (San Francisco) opened its first United Arab Emirates store in Dubai in March of this year. The 6500-square-foot space, located on the first floor of The Dubai Mall, will host free classes and product demos along with exclusive events and private shopping by appointment.
Braehead, a leading retail and leisure destination, owned by property company SGS and asset managed by Global Mutual Properties, has announced a string of recent and upcoming openings at the centre. As Scotland’s premier retail and leisure destination, space at Braehead remains in high demand amongst brands.
Loft, a dubiously classified ‘homefurnishings’ concept is an idea that should have travelled but hasn’t. Loft checks all the boxes for a successful concept if placed in the right location. As Inside Retail reported on February 4 , Seven and I is looking at options for divesting itself of the Sogo & Seibu unit.).
Located on Camden High Street, the Chinese lifestyle retailer is opening its doors on 14 February. Spanning 4,110 sq ft, the site marks Miniso’s 26th store in the UK and its fourth stand-alone high street location. Miniso is opening its largest-ever UK store in Camden later this month, its ninth store in London.
RPMI Railpen (Railpen), has announced the launch of the first pop-up outlet store for luxury label Johnstons of Elgin at Caledonia Park, Scotland’s premier designer village. The launch of Johnstons of Elgin follows news of the progress of the phased refurbishment works at Caledonia Park, which is due for completion in winter 2021.
You can unsubscribe at anytime. Jill names chief merchant as Spirit Halloween resurrects seasonal hiring Courtney O’Connor, formerly head of merchandising at Club Monaco, joins Monday. O’Connor was most recently the chief merchandising officer at Club Monaco and has 20 years of experience at other retailers including Ralph Lauren, J.
The launch comes a head of the highly anticipated Oxford Street store opening in 2025 and “ will blend high fashion with Ikea’s democratic design” Hus of Frakta will be located on 216 Oxford Street and will be open daily from 28 November until March 2025.
You can unsubscribe at anytime. Dive Brief: Home textile brand Parachute plans to close a total of 19 stores by the end of this year, according to information the company shared with Retail Dive. The brand began shuttering locations earlier this year. However, the company no longer sells these products on its website.
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