In the United Kingdom, the world’s largest furniture retailer Ikea (turnover of €41.3 billion for the financial year ended August 2019, + 6.4%) is adapting its store fleet to e-commerce mutations. Focused on ever more operational stores, it has just announced the closure of its large store in downtown Coventry (28,500 sq.m GLA). It had 7 floors and opened in 2007. Because of its many floors, this store generated “excessively high operating costs and an unsatisfactory shopping experience,” said
…Do you have information to share with us?