05/12/2007 - 22:00

Nick Scali targets Perth

05/12/2007 - 22:00

Bookmark

Save articles for future reference.
Nick Scali targets Perth

One of Australia’s largest furniture retailers and importers, Nick Scali Furniture, will open its first Western Australian stores early next year, while plans are under way for a further roll-out across the state.

Leases have been signed over a 1,635 square metre site in a Leach Highway development at Myaree, between Hometown Melville and Melville Square, where the Nick Scali store will open in March alongside a 3,300sqm Furniture Bazaar store.

A March opening is also planned for a 2,000sqm store in Joondalup Gate. The 33,000sqm Joondalup homemaker centre is owned by private syndicate Joondalup Gate Pty Ltd.

Nick Scali has also committed to a 3,380sqm super store in the redeveloped Nookenburra Hotel site at Innaloo, alongside new Spotlight and Anaconda stores.

CB Richard Ellis regional director retail bulky goods, Jeff Klopper, said Nick Scali was the latest in a series of national retailers to target WA.

Mr Klopper said another three locations were being assessed as the retailer expanded its national network.

“Population growth, the resources boom and a strong housing market are driving interest in the Perth bulky goods market,” he said.

“The strength of the homemaker sector has been highlighted by the growing number of national retailers entering the WA market and committing to a minimum four store roll-out.”

Petstock, BCF, Howards Storage World and Anaconda have all launched WA outlets in the past 18 months to capitalise on the strength of the local economy.

Nick Scali managing director Anthony Scali flagged the company’s WA plans at last month’s annual general meeting in Sydney.

“Extending our network into WA will be an important step in establishing Nick Scali as a national retailer and should enable the company to capitalise on the ongoing strong economic growth in the state,” Mr Scali said.

The group currently has 23 showrooms in NSW, Victoria, Queensland and South Australia under the Nick Scali brand, and two additional showrooms in Adelaide under the Scali Living and Scali Leather brand.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options