Nitori Expanding into Southeast Asia, Opening Its First Store in Malaysia in January 2022 and in Singapore in March 2022

SAPPORO, Japan, Dec 16 (Bernama-AsiaNet) — Nitori Holdings Co., Ltd. (Location: Kita-Ku Sapporo, President, and COO: Toshiyuki Shirai) has announced its entry into the Southeast Asian market. The first Nitori store, which sells furniture and home-furnishing products, will open a “NITORI LaLaport BUKIT BINTANG CITY CENTRE” store in Malaysia in January 2022, followed by the opening of a “NITORI ORCHARD” store in Singapore in March 2022.

Nitori is Japan’s largest furniture and home-furnishing retail chain, and its vision is to open 3,000 stores and achieve sales of 3 trillion yen by 2032, based on the mission statement “To enrich homes around the world.” The main business of the Group is opening “Nitori” stores that sell furniture and home-furnishing products. The Group also operates “Deco Home” stores that sell home-furnishing products with a focus on daily necessities, “Shimachu” home improvement stores that also sell furniture, hardware and daily goods, and “N Plus” stores that sell apparel brands for adult women. The Group has opened 692 stores in Japan and 88 stores in Mainland China, Taiwan and the United States. It would like to achieve further growth to realize its mission and vision by opening more stores in other regions and expanding its e-commerce business, including opening stores in Southeast Asia.

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