Mumbai to have IKEA’S first small-format store in India

Swedish home furnishings retailer IKEA on Tuesday said it is going to open its first-ever city store in India at Mumbai, which would be more accessible to its customers in the city. After opening a large-format store in Navi Mumbai last year, IKEA is now opening a small city store at Worli, Mumbai, located at Kamala Mills, said a statement. “In line with IKEA’S long-term commitment to Maharashtra and India, the Worli store will be the first of its kind in India, following cities such as Paris, Moscow and Shanghai,” said a statement. The Worli City Store will be followed by a second city store in Mumbai, said IKEA, adding that it believes strongly in the Indian market potential and there will be further store openings in the next year. The city store format allows IKEA to be adapted to smaller spaces in an urban context, which is between 50,000 — 100,000 sq ft, whereas the traditional big IKEA blue box, is typically 400,000 — 500,000 sq ft.