Remove Home Furnishings Remove Location Remove Marketing Remove Planning
article thumbnail

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.

article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ikea unveils US$2.2 billion expansion plan 

Inside Retail

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.

Planning 130
article thumbnail

Ikea Plans $2.2 Billion Investment to Advance Omnichannel Presence

Retail TouchPoints

Plans include opening new stores, strengthening its fulfillment network and enhancing its regional product offerings to better reflect the needs of customers in different parts of the country. Ikea will invest more than $2.2 billion in its U.S. Ikea is seeking to get closer to its shoppers, both physically and digitally. We know U.S.

Planning 226
article thumbnail

How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

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.

Planning 130
article thumbnail

“Fairly unique”: How Ikea plans to do things differently in New Zealand

Inside Retail

Announced in 2019 , the 34,000sqm store will be located at Sylvia Park in Auckland. 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.

Planning 130
article thumbnail

2024 Industry Trend Guide

Storis

So, buckle up, home furnishings retailers; we’re ready to accelerate. Our survey found that furniture retailers are enthusiastic about many applications of AI led by those that will increase marketing efficiency and reduce bottom-line costs. How is your business currently leveraging or planning to leverage AI?