New Zealand to receive another international retailer

  • News
  • August 17, 2017
New Zealand to receive another international retailer

Adding to the collection of our latest international retailers, Australian furniture retailer Nick Scali has announced plans to open three New Zealand locations.

The popular Australian homeware brand has its sights set on New Zealand in a goal to meet its target of 75 stores across here and Australia.

The first store has been confirmed for December this year, its location is yet to be announced.

Nick Scali Furniture was founded in 1962 by Nick D. Scali, and is one of Australia’s largest furniture importers. The ranges include different price points and covers mostly living and dining parts of home décor.  

Managing director Anthony Scali plans to open another ten stores across the next financial year, including the company’s first New Zealand store in December, but related earnings will only begin to be generated by 2019.

“Although our overall performance has been underpinned by the current favourable market conditions, I am pleased with the gross margin percentage increase and expense percentage decrease, which have both contributed to another record profit result,” Scali said.

There has been speculation that yet another furniture retailer was set to join our shores as more space opens for potential large retailers. Kiwi property have recently announced a 20 hectare additional space to Sylvia Park, but are yet to disclose who will be filling that spot. 

This is a community discussion forum. Comment is free but please respect our rules:

  1. Don’t be abusive or use sweary type words
  2. Don’t break the law: libel, slander and defamatory comments are forbidden
  3. Don’t resort to name-calling, mean-spiritedness, or slagging off
  4. Don’t pretend to be someone else.

If we find you doing these things, your comments will be edited without recourse and you may be asked to go away and reconsider your actions.
We respect the right to free speech and anonymous comments. Don’t abuse the privilege.

 
 
 
 
 

Apple releases iPhone 8 and iPhone X

  • Technology
  • September 19, 2017
Apple releases iPhone 8 and iPhone X

The talk of the town this week was the release of the iPhone 8 and the iPhone X. The two models differ in technology aspects and in price, but has Apple's choice to release the phones around the same time hurt possible sales?

Read more
 
topics
The future is bright
We spoke with four retailers in their twenties ...
Spotlight on signage
At first glance, the humble in-store sign might ...
Red Awards 2016
The Red Awards for retail interior design celebrate ...
Auckland Unitary Plan
Auckland is changing. The Unitary Plan will decide ...
Sisterhood
Women in retail help one another. We spoke ...
All things to all people
Kiwi retailers share their omnichannel strategies.
How to open a store
Sarah Dunn considers what it would take to ...
Rising stars
Retail's top young achievers.
Delivering on your promises
The sale isn't over until your item is ...
Retail in heartland New Zealand
Retailers keep the regions pumping, but how strong ...
The changing face of retail
Shifting demographics are creating big changes in New ...
The retail yearbook
With the help of experts in the retail ...
Retail rogues
We put the spotlight on staff training. Jai ...
Here come the giants
Topshop has arrived in Auckland’s CBD, David Jones ...
From retail to e-tail
Ecommerce has become part of the way mainstream ...
Loyalty in the digital age
How are retailers maintaining loyalty? Sarah Dunn, Elly ...
Window shopping: A spotlight on social media
Sarah Dunn and Elly Strang look at how ...
The Innovators | In partnership with Spark Business
Technology is rapidly changing the retail industry as ...
 

Even after a hurricane, Houston retail is booming

  • Opinion
  • September 19, 2017
  • Paul Keane
Even after a hurricane, Houston retail is booming

Hurricane Harvey swept through the US city of Houston a few weeks ago, creating widespread flooding and wreaking havoc. RCG's Paul Keane happens to be visiting, and reports that for Houston retailers, it's already back to business as usual.

Read more
 
 
Design

Inside Asics' first Kiwi concept store

Japanese sneaker company Asics has opened one of only nine concept stores worldwide in little old New Zealand.

 

Can we stop talking about the death of retail?

  • Opinion
  • September 18, 2017
  • Vaughan Rowsell
Can we stop talking about the death of retail?

With so many changes happening so fast lately, the retail industry has been feeling a bit apocalyptic. The founder of Vend retail software, Vaughan Rowsell, sees opportunities within the chaos.

Read more
 
Next page
Results for
Topics
Jobs
About us.

The Register provides essential industry news and intelligence, updated daily. And the digital newsletter delivers the latest news to your inbox twice a week — for free!

©2009–2015 Tangible Media. All rights reserved.
Use of this site constitutes acceptance of our Privacy policy.

Advertise
The Register

editor@theregister.co.nz

Content marketing/advertising? Email marlene.coote@tangiblemedia.co.nz or call 09 358 7297 / 027 544 2298

View Media Kit

}