Friday, May 15, 2020

IKEA's shopping malls arm Ingka Centres plans U.S. entry in major play

Reuters
IKEA’s shopping malls business, one of the world’s biggest, is looking to enter the United States in the next couple of years and is in talks to snap up central properties in major cities, its boss told Reuters.

Gerard Groener, managing director of Ingka Centres, which has 45 shopping centres in Europe, Russia and China, said his company was in several negotiations for inner-city real estate. . . . more