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Vitamin Shoppe Parent Company Franchise Group Enters Chapter 11, Plans to Close American Freight

Retail TouchPoints

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 Home Furnishings — to remain in operation. 5 at its 365 locations and online.

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Sundance Opens First Michigan Location in the Greater Detroit Area

Retail TouchPoints

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, home furnishings 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.

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Vitamin Shoppe Parent Company to go Private Following Acquisition by Senior Management

Retail TouchPoints

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 Home Furnishings and Sylvan Learning. The transaction is valued at approximately $2.6

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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. 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.

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Ikea to Open London Store Following Three-Year Environmental Renovation

Retail TouchPoints

The store also will feature a home planning hub offering complimentary one-on-one design consultations with Ikea home furnishings experts and a selection of 3,500 affordable home furnishings accessories and small furniture. Customers can have larger pieces delivered to their homes or to a network of pickup points.

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Ikea Australia lets customers buy second-life products

Inside Retail

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.

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IKEA Planning Studio Concept Heads West With Two Los Angeles Stores

Retail TouchPoints

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 home furnishings.

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