Dubai to get its Second Ikea Store
- Ikea’s second outlet in Dubai is likely to open its doors in the first-quarter of 2019 at Jebel Ali
- The Jebel Ali outlet’s will be bigger than the Festival City store in terms of size, and will focus more on digital strategy the of use of digital technology
- The Ikea group has slated operations in another GCC country, Oman, by 2019 as well
- In 2017, Ikea has reduced prices on more than 300 products and across different segments, up to 20% for some products
- Founded in 1943, Ikea is a Swedish home furnishings retailer, holding the position of the largest company of its kind since 2008
- As of August 2017, IKEA owns and operates 400 stores in 49 countries
- The first and largest Ikea store in the UAE as of 2017 is the outlet at Dubai Festival City Mall
- Ikea is responsible for approximately 1% of world commercial-product wood consumption, making it one of the largest users of wood in the retail sector
- Apart from their world-renowned home furniture and fittings, Ikea stores are popular for their restaurant and bakery items
