Within a few weeks of confirmation that Ikea will come to New Zealand comes the announcement that New Zealand’s largest-ever retailer is set to open in Auckland. This new mega-retailer is nothing to do with Ikea, however: it’s a homegrown furniture and homewares concept store called Nido.
H&M has continued to strengthen its portfolio of stores in New Zealand. The Swedish fashion chain is now brining a third store to the Auckland region, to be located in Botany Town Centre.
Jack Ma, executive chairman of shopping platform Alibaba has announced plans to step down September of this year.