Nov 9, 2022
IKEA Canada Expands Small-Store Format
IKEA Canada is expanding its small-store format with a location in Scarborough, ON. The expansion comes as its ‘2022 Summary Report’ reveals national store visits have increased by 123 per cent to 26 million, while IKEA Canada sales increased 1.3 per cent to $2.6 billion in the financial year ending August 31. The new location is set to open at the Scarborough Town Centre in the summer of 2023. The nearly 7,500 square metre ground floor location at the shopping centre's northeast end will become the company's second small-format store in Canada, following the launch of the IKEA Toronto Downtown location earlier this year. This scaled retail concept takes the IKEA experience to the doorstep of urban residents.
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