Nido may expand to Tauranga if new store is a hit
SUNLIVE: The founder of a giant homeware and furniture store opening in west Auckland hopes to expand the business to other New Zealand cities. Kiwi businessman Vinod Kumar plans to open the world's first Nido store at 158 Central Park Drive, Henderson by Spring, with work already well underway. If the store proved successful Vinod says he planned to expand it to Tauranga, Christchurch and maybe even Australia, where the company had already been registered.
See full articleNew Zealand company looking to rival IKEA
NATIONAL BUSINESS REVIEW: Nido isn't worried about opening its affordable massive European furniture store ahead of IKEA's New Zealand launch.
See full articleSyndicate looking for investors to fund NZ’s largest ever retail store
NATIONAL BUSINESS REVIEW: Some $30million is being sought to take on IKEA.
See full articleNew $60m Retail Store to be NZ’s Largest – sited in West Auckland
ROUNDABOUT MAGAZINE: A new $60m retail store with a floor space larger than three rugby fields is set to open in Central Park, West Auckland. Nido, a furniture, furnishing, homeware and lifestyle store will employ more than 200 staff and carry more than 10,000 product lines.
See full articleLocal rival to IKEA to open this spring
WARES NEW ZEALAND: As indicated late last year, well-known former Mitre 10 MEGA proprietor, Vinod Kumar, is to open a big box homewares and housewares retailer to rival the scale and offering of IKEA. His key advantage? That construction on the 31,000+ square metre site at 158 Central Park Drive in Henderson, West Auckland (just up the road from Vinod's former Mitre 10 MEGA Henderson), is already underway and is expected to be completed around spring of this year.
See full articleNido megastore to launch in Spring
SOUTHLAND TIMES: A Kiwi businessman is taking on international retail giant Ikea with his own mega store that will sell made-to-measure, flatpack furniture and will offer an installation service. The product ranges would have two main pricepoints - one at the low end, and a more premium offering.
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