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RIP: The late Terence Conran’s once high-flying Habitat is no more

Inside Retail

Europe-based home furnishing chain Habitat has shut down all of its operations, just a month after collapsing into receivership. The fate of five other shops in Barcelona, Geneva, Madrid, Milan and Zurich is unclear. The fate of five other shops in Barcelona, Geneva, Madrid, Milan and Zurich is unclear.

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China’s Antimonopoly Fine Leads to First Quarterly Loss for Alibaba Since Going Public

Retail TouchPoints

billion ) buoyed by the consolidation of the Sun Art supermarket business, in which Alibaba took a controlling stake in October 2020. Overall, online physical goods GMV grew 21% YoY in fiscal year 2021, driven primarily by the FMCG [ fast moving consumer goods ] and home furnishings categories. billion yuan ( $109.5

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Ikea launches AI-powered mixed-reality experience

Inside Retail

“This is a significant investment for Ikea in cutting-edge digital AI technology which is market-leading for a home furnishing retailer in Australia,” said Giovanni Rutigliano, Ikea Australia’s digital manager.

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Meet Big C: The Thai hypermarket chain thriving in small cities

Inside Retail

As we celebrate the emergence of more glamorous urban shopping centres with their cast of global retailers, spare a thought for the thousands of small cities across developing Asia where there isn’t quite enough spending power to support a full-sized regional shopping centre, store directory glowing with marquee names.

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Vietnam’s Vincom shifts focus from expansion to upgrades

Inside Retail

per cent, with the Plaza format, which accounts for about two-thirds of its shopping centre portfolio, sitting at 81.1 By the standards of world-class shopping centre operation, that’s a bit ordinary, and occupancy in the Vincom+ format is scruffier still, at 73.2 The total portfolio occupancy rate sits at 84.5

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John Lewis signs deal with Tesco for warehouse space in online sales push

365 Retail

The agreement with the supermarket for the site, at Fenny Lock in Milton Keynes, will run for 11 years and will help the department store’s push away from stores and into web sales, which jumped from 40% to 60% of sales during the pandemic. The site is four miles from the retailer’s largest distribution hub, which is two million square feet.

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Costco’s cool: It’s not flashy but competent success is never dull

Inside Retail

The top growth categories online were appliances, gold and silver bullion, home furnishings, and gift cards. The member will be notified if the card has expired so that it can be renewed at the membership counter prior to shopping, rather than at the register when checking out. per cent for the year, and 19.5

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