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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 £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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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 billion. “We

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Seamless Shopping Journeys Attract Today’s Home Furnishings Consumers

Storis

As I browsed websites of stores located near me, I started to create a wishlist of my favorite sofas. I saw the color I was looking for as an option and underneath the product description was bolded text stating it was available at my local showroom location. Written by Kristi Keyser, STORIS Marketing Specialist.

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Ikea unveils US$2.2 billion expansion plan 

Inside Retail

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.

Planning 130
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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.

Planning 266
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World-first Ikea Close to You concept opens in Hong Kong

Inside Retail

Home furnishing 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).

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Ikea Plans $2.2 Billion Investment to Advance Omnichannel Presence

Retail TouchPoints

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. The new facilities and services are expected to create more than 2,000 jobs.

Planning 226