It's Happening....
IKEA to open its 13th stores in China
- Details
- Category: Ningbo Business
- Published: Monday, 27 May 2013 08:38
The world's largest furniture retailer IKEA will open 13th outlet in Chinese city of Xi'an, the capital of northwest Shaanxi province.
The outlet as well as its logistics centre will be located in Fengdong New Town in Xi'an, official media here reported.
IKEA has opened 11 stores in 10 Chinese cities, and two other outlets are scheduled to open in Ningbo and Shanghai in July and August, respectively.
"We will sign an agreement with IKEA in early July to establish unit in Xi'an, and preliminary work for the program is underway," said Yao Haijun, deputy director of the Fengdong New Town's management committee.
Xi'an mayor Dong Jun said the outlet, IKEA's first in northwestChina, will help boost the city's economic development.
