Japanese furnishings retailer Nitori expands into Thailand

(Source: Nitori )

Real estate company Central Pattana will open a flagship store for Nitori, a Japanese furniture and home furnishings giant, at CentralWorld in August.

Nitori, which will cover more than 2600sqm of retail space on the mall’s fifth level, plans a second branch at Central Westgate during the fourth quarter of this year. 

In addition to Thailand, the company also revealed plans to grow in The Philippines earlier this year and was also apparently looking at the potential in other countries including Vietnam and South Korea. 

Last year, Nitori opened its first stores in Beijing as part of a long-planned push to grow its presence in China. The Japanese giant concentrated mostly on major cities such as Beijing, Shanghai, and Shenzhen.  

Nitori currently operates more than 800 locations in Japan and abroad, with aggressive intentions to expand to 3000 by 2032. Its operations are expanding in Taiwan, Malaysia, and Singapore, however, it has lately chosen to exit the US market and close its two stores there by April. 

You have 7 articles remaining. Unlock 15 free articles a month, it’s free.