Ikea to open store in Lon­don as it ex­pands Cana­dian pres­ence

The Hamilton Spectator - - BUSINESS -

VAN­COU­VER — Ikea Canada is ready­ing to open a new store in Lon­don, Ont., in the fall of 2019 af­ter the suc­cess of a pickup and or­der point it op­er­ates in the city.

The flat-pack fur­ni­ture re­tailer says it plans to be­gin construction on the 270,000-square-foot store in the south­west­ern On­tario city late next sum­mer.

A smaller-scale Ikea shop and on­line or­der hub in Lon­don will be closed fol­low­ing the open­ing of the full-size store, which the re­tailer says will cre­ate 100 to 150 jobs.

Ikea Canada pres­i­dent Marsha Smith says on­line or­der hubs are one way the com­pany tests a pos­si­ble mar­ket op­por­tu­nity.

Smith says Ikea had great suc­cess with it in Lon­don and while the plan for a store may have al­ready been in place, that good re­cep­tion helped the de­ci­sion.

The hubs also ex­ist in Quebec City, where Ikea has pre­vi­ously an­nounced it will open a re­place­ment full-size store in late sum­mer 2018, as well as in the On­tario cities of Kitch­ener, Whitby, Wind­sor and St. Catharines.

Smith says that while the com­pany al­ways hopes it can re­place th­ese other lo­ca­tions with fullfledged stores, it has no more an­nounce­ments about fu­ture open­ings at this time.

Ikea has 13 stores in the coun­try, in­clud­ing one in Burling­ton where its Cana­dian head of­fice is lo­cated. In 2015, it an­nounced plans to grow its pres­ence from 12 stores to 24.

Smith says the com­pany plans to do that over the next few years.

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