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Habitat to open stores in ME, Russia

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UK-based global home furnishing retailer Habitat has planned to open stores in the Middle East and Russia this year. As part of the plan, the company will open its stores in Moscow and St Petersburg in Russia showcasing Habitat’s Autumn-Winter 2009 collection. Further, the company will open stores in Dubai in September 2009, reports Retail Week.

According to the report, the home furnishings retailer, which is also in talks with local partners about opening stores in China and India, wants to ramp up its international franchise operations to equal the volumes generated by its standalone operations within three to five years.

“Habitat is hugely excited about forming these new partnerships and will continue to develop it as a global player within the retail market, focusing on long-term commitment with its partners,” quoted Mauricio Solodujin, business development manager, Habitat in the report.

Currently the company is operational in 16 countries including Belgium, Spain, France, Germany, Indonesia, New Zealand, Thailand, Turkey and UK.

— IndiaRetailing Bureau

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