Ikea City store in Shanghai opens, a Chinese first for Swedish retailer

Ikea-City-store-1280x960.jpg

Swedish home-furnishing giant Ikea opens an Ikea City store in Shanghai today, its first such outlet in China.

The Ikea City opening comes after the Ikea Tmall flagship launch in March as part of the brand’s strategy to broaden the ways it reaches Chinese customers, making the brand more accessible.

Located in Jing’an district, the store spans three floors and occupies 3000sqm. It will feature a limited range of about 3500 products.

“We’re seeking to diversify store formats, including online channels as well, to complement each other in order to test, learn and gain feedback from customers to fuel future growth,” Francois Brenti, VP of Ikea China said.

“We have seen solid growth of online channels following the pandemic and we expect this to continue in the future,” he said.

The new Ikea City Shanghai store will take the brand’s number of stores in the city to five.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X