Sweden Herald
Ikea invests in ten new
Photo: Tomas Oneborg/SvD/TT
Business

Ikea invests in ten new small stores by 2030

Ingka Group, Ikea's largest retail group, is continuing to launch smaller stores to complement its larger department stores. The plan is to open ten new stores by 2030.

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IKEA has been testing smaller-format stores since last year in several European markets and in the US. Ingka Group is now also planning small stores in Portugal, Spain, Italy, Canada, and a few others.

The Älmhult-based furniture chain has department stores and smaller stores in 32 countries.

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StockholmUSAItalyIkeaIngka Group
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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