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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. Industrialist Thierry Le Guénic took over the brand’s international operations from Cafom group in 2020, while the British branch went to supermarket group Sainsbury’s.

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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

YoY; Furniture and home furnishings stores: Up 5.9% YoY; Furniture and home furnishings stores: Up 5.9% Supermarkets and similar retailers avoided lockdowns and benefited from customers stocking up, which negatively skewed March 2021 results. For instance, clothing and accessory store sales were up 18.3%

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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. Ikea Close to You is also the retailer’s first store located inside a supermarket. The chain entered Hong Kong in 2007 under the name Market Place by Jasons.

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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 seals three-year contract with Australia Post to deliver small parcels

Inside Retail

Ikea Australia CEO and chief sustainability officer, Mirja Viinanen, (pictured above with Australia Post CEO and MD Paul Graham) said that while the brand is famous for its flatpack furniture, many of its customers do not always realise that much of the Ikea home furnishing range is available to them in a parcel via the post.

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Aldi announces new charity partnership

Retail Times

Through the two-year partnership, the UKs fourth-largest supermarket will provide Salvation Army stores across the country with unsold, non-food Specialbuys, such as kitchen accessories, home furnishings and clothing, at a reduced cost.

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Why international stores are key to Costco’s future growth

Inside Retail

per cent, with big-ticket items in the home furnishing and electronics categories taking a significant hit. Sales growth in 2023 was driven primarily by food and fresh food, which accounted for 54 per cent of sales. Sales of non-food items decreased 0.4

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