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Ikea to launch small-format Planning Studio concept in Australia

Inside Retail

Ikea is to launch its small-format planning studio concept in two locations in Australia this year. Unlike its traditional warehouse-like stores, the Planning Studio is sized between 300-500sqm and designed for customers to plan and order complex home furnishings and services such as dining, kitchens, and bed spaces.

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Ikea Australia lets customers buy second-life products

Inside Retail

Once reserved online, customers can make the purchase by visiting their selected store’s As-Is area, located near the checkout area. A new ‘ As-Is Online ’ section on the Ikea website lets customers access discontinued items, used showroom display items as well as pre-loved goods returned through the business’ Buy Back service.

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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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World’s largest Ikea set to launch in the Philippines

Inside Retail

Ikea Pasay City also marks the chain’s first location in the Philippines. The 67,760sqm store, scheduled to open on November 25, is located next to the Mall of Asia and spans five stories. While two floors are dedicated to retail activities, the remaining floors are for stocks and e-commerce operations.

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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.

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Full House: Steven Lew’s GRB unveils new homewares brand

Inside Retail

Global Retail Brands Australia (GRBA) is making an aggressive push into the home furnishings market with the launch of a new brand, House – Bed & Bath. We have [selected] around 35 new locations and quite a lot of those will open in the second half of this year as well.”.

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JD.com launches Ochama Robotic Shop

Retail Focus

JD.com has opened two robotic shops by the new brand name “ ochama ” in the Netherlands, with more locations to follow soon. The new model of shops introduces an unprecedented shopping format merging online ordering and pick-up shop in which robots prepare the parcels, and home delivery service.

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