Re­tailer Ikea tar­gets store trans­for­ma­tion

The Daily Telegraph - Business - - Business -

Swedish re­tail gi­ant Ikea is plan­ning on trans­form­ing some of its stores into dis­tri­bu­tion cen­tres amid changes in con­sumer spend­ing pat­terns, it was re­ported by the Fi­nan­cial Times. The move is part of the fur­ni­ture re­tailer’s plan to fo­cus more on home de­liv­ery and on­line shop­ping. Ikea’s main fran­chise, Ingka, saw sales in­crease 45pc in the year to Au­gust.

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