Connect with us

Furniture

Published

on

Furniture retailer IKEA (Leiden, Netherlands), whose store count has nearly doubled over the last decade, recently entered the markets of South Korea and Croatia, and says it plans to open its first store in India this year, with 25 additional stores planned for the growing nation over the next ten years.

According to The Telegraph, 222 of IKEA’s 315 stores are in Europe, but a rising middle class throughout Asia is pushing the company’s growth strategy eastward.

IKEA’s first Indian store will open in Hyderabad, the capital of the southern Indian state of Telangana. The company has also accelerated expansion in China in the past year, with openings in Beijing and Guangdong.

Advertisement

FEATURED VIDEO

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design

Promoted Headlines

Advertisement

Advertisement

Subscribe

Advertisement

Most Popular