TOKYO/SHANGHAI/BANGKOK -- Japanese furniture retailer Nitori Holdings and European rival IKEA are racing to expand their presence in China and Southeast Asia, where a growing middle class is creating a boom in home decor.
Retail
Nitori, IKEA battle over Asia's growing furniture market
Big-name chains gain foothold in China, Southeast Asia as incomes rise
This IKEA store near Manila is the company's largest worldwide in terms of floor space. (Photo by Yuichi Shiga)
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