New York-based online retailer www.fab.com, which offers flash sales of designer goods, plans to open its first retail store, according to Businessweek. The new store will be located in Hamburg, Germany, near the home base of the retailer’s international competitor, Bamarang. The furniture builder has a showroom in Hamburg, which will house the new Fab retail store. Fab also plans to open additional showrooms, including a store in the Berlin market.