IKEA to ex­pand to sul­tanate

Muscat Daily - - NATION -

Mus­cat - Home fur­nish­ing so­lu­tions In­ter IKEA Sys­tems B V re­cently an­nounced its plans to start op­er­a­tions in Oman ‘dur­ing the com­ing years’. IKEA will also open in Mex­ico, Estonia, Ukraine, Puerto Rico, Luxembourg, Ma­cau and the Philip­pines, a press re­lease stated.

Other mar­kets in South Amer­ica will be served by IKEA fran­chisee Fal­a­bella, which will take the brand to Chile, Columbia and Peru. IKEA fran­chisees’ re­tail sales grew by 4.5 per cent in 2018. “To­day re­tail sales, which in­clude sales of both prod­ucts and ser­vices to IKEA cus­tomers, amounted to € 38.8bn,” the re­lease added.

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