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Eye on Retail: Ikea to debut ‘open-source’ showrooms

BY HBSDealer Staff

Ikea is testing “open-source” designs at its full-range town-center showrooms. These are more accessible retail locations used for shoppers to pick up their purchases, according to Reuters.

While these are smaller locations, the spaces will display Ikea’s entire assortment range with the help of new digital tools, such as virtual reality, the report said.

The program is being spearheaded by the company’s brand owner and franchiser Inter Ikea division. This group also manages the company’s Supply chain management and design operations.

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HBSDealer Stock Watch: Thursday sees plenty of gains

BY HBSDEALER Staff

Stocks in the industry saw solid gains on Thursday led by 3.21% increase for Fastenal and 2.04% rise for Trex. In the red were HBP, down 2.29%; BMCH, down 2.15%; and TSCO, down 2.07%.

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Poll results: let the sun shine

BY HBSDealer Staff

Many people view photographs of post-hurricane Puerto Rico and see destruction. Elon Musk, CEO of Tesla, also saw opportunity.

In a well-publicized Twitter conversation, the Puerto Rico Governor Ricardo Rossello expressed interest in the suggestion that the island territory could use an electrical makeover infused by Tesla’s solar power technology.

HBSDealer asked readers: Should Puerto Rico convert to solar energy? Here’s what we heard”

• 76% — Yes. The time is right for a great long-term investment.
• 24% — No. Solar power is way down the list of Puerto Rico’s priorities.

The poll remains open. Cast your vote by clicking here.

 

 

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