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Swedish furniture chain IKEA to establish new shop concept

18. March 2016

State of Lower Austria´s capital St. Pölten picked to host the first “IKEA compact store”

The new IKEA store with 20 employees is significantly smaller than regular stores and is – unusual being IKEA - located in a shopping center. The range of products, presented in the store for the customers, is reduced. The main idea is to get inspiration and use the possibility to plan furnishing offered by skilled employees. Furthermore customers can order every product from the assortment locally and pick it up later. About one million euros invested IKEA in the new location in St. Pölten. In the fiscal year 2014/15 (end of August), the Swedish company has slightly increased its sales year on year from 654.3 million to 655.9 million euros.