Ikea to open new China store

Swedish furniture retailer Ikea will open its first store in northwest China in Xi’an.

The new store, and a logistics centre, will be located in Fengdong New Town.

“We will sign an agreement with Ikea in early July, and preliminary work for the program is underway,” said Yao Haijun, deputy director of the Fengdong New Town’s management committee.

Ikea China’s real estate expansion director Jon Frauenfelder said the company plans to invest more in Xi’an in the coming years.

The furniture retailer has 11 stores in 10 Chinese cities with another two to open in Ningbo and Shanghai in July and August, respectively.

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