Inside Retail
JANUARY 3, 2024
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.
Inside Retail
OCTOBER 4, 2021
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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Retail TouchPoints
APRIL 15, 2021
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%
Inside Retail
FEBRUARY 27, 2024
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.
Inside Retail
MARCH 2, 2023
Kulle said he was honoured to take up the role, and that he is excited to help drive international momentum in the business’ US launch, as well as help turn it into a global leader in home furnishings.
365 Retail
AUGUST 12, 2021
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.
Retail TouchPoints
MAY 13, 2021
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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