IKEA restructures business in China, planning to shut down 7 malls, but launch over 10 small stores
More than 10 small-format stores will be opened in the upcoming two years in Beijing and Shenzhen, including the IKEA Dongguan store in February 2026, and the IKEA Tongzhou store in April 2026, the company said, adding that they will also continue to enhance online presence and invest in existing stores to make them better for customers and co-workers.
2026-01-10 22:38:02