WSJ: IKEA plans to invest $ 2.1 billion in the expansion of retail space in Russia

Plans to invest at least $ 2.1 billion in the modernization and expansion of retail space in Russia, the magazine writes Wall Street Journal - The world’s largest retailer of furniture and household goods - IKEA company.

“More retailers want more space to display their products,” - said the commercial director of IKEA Centres Russia Olga Shevtsova.

According to WSJ reports, in the next 10 years, the company wants to expand its presence in the east of Russia. In the current emphasis IKEA pays a moderate expansion of existing facilities.

In addition, the company plans to build two stores in Moscow, increasing the leased premises at 10-15%.

22 June 2016

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