Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag IKEA opens a £378 million store in London, emphasizing physical retail in urban centers.

flag IKEA has opened a new store in London's Oxford Street, marking a strategic move to bring the brand closer to city centers. flag The 4,600-square-meter store, housed in the former Topshop building bought for £378 million, is part of IKEA's plan to expand its urban presence in cities like Paris and Tokyo. flag Despite the rise in online shopping, IKEA emphasizes physical stores, which accounted for 74% of sales in 2023-24. flag The UK is IKEA's fourth-largest market. flag The store includes a Re-Shop and Re-Use section and supports plans to pedestrianize Oxford Street.

23 Articles