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IKEA intends to expand in Tier-II cities in Phase-II

Wednesday, 16 Oct 2019
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Swedish furniture company IKEA is now looking at expanding in Tier-II cities as a part of its Phase-II expansion plan.

The company is currently developing a large format store in Bengaluru, Karnataka and later on will develop similar format in Delhi as part of its Phase-I expansion plan.

The company intends to offer through multi-channel approach in the form of large format stores, small stores or through online platform.

Currently, the company has large-format stores in Hyderabad and Mumbai. The stores will be completely owned by IKEA.

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