Furniture retailer Ikea is closing seven stores in China from Feb 2, it said in a statement on Wednesday (Jan 28).The stores ...

Ikea has shut seven large stores in China, as the furniture retailer’s new strategy takes shape against a challenging consumer backdrop in the mainland. Big stores in cities including Shanghai, ...

Ikea will close seven stores in China from Feb 2 as it moves from broad expansion to more focused growth and online sales.

Chinese shoppers flocked to seven IKEA megastores in the country ahead of their recent closure. Like other global retailers, ...

The furniture retailer said the closures mark a key step in its journey to “build a resilient foundation for business growth in the future”.

Furniture retailer to focus on targeted growth in key cities, with plans to open 10 small-format outlets over two years A ...

The pitch was announced in May when IICG rolled out its investment plan in China for the next five years. Ogilvy, BBDO and Publicis were involved. BBDO will be charged with managing the creative, ...