Nitori Holdings Co.

Business / Corporate May 31, 2017

Budget furniture king Akio Nitori discounted his way to a fortune

by Jason Clenfield, Masatsugu Horie and Grace Huang

Embarrassed by the recall of thousands of kitchenware pots after they appeared to leach lead when heated, discount-furniture king Akio Nitori took an unusual step. He hired a team of auto industry engineers to revamp the quality assurance and testing division. Ten years later, every ...

Business / Corporate Feb 10, 2017

Furniture chain Nitori weighs buying into apparel market

by Masatsugu Horie and Grace Huang

Nitori Holdings Co. is considering buying an apparel chain in Japan, a move that will pit the furniture seller against rivals including Fast Retailing Co., Asia's largest clothier. The home furnishing retailer will look for a company with 100 to 200 stores as cash from ...