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Why retailers like Ikea are going big on small stores
Ikea’s 43,000-square-foot format carries 2,700 items, part of a broader retail shift toward compact stores in dense Canadian markets.
- Ikea is opening a 43,000-square-foot store at London, Ontario's White Oaks Mall this fall, moving away from traditional 300,000-square-foot warehouse models to reach urban shoppers, area manager Janet McGowan said.
- Retailers are targeting busy city centers to reach time-pressed urbanites who lack cars and cannot travel to suburban warehouses, according to Toronto-based retail consultant Elisha Ballantyne, who noted smaller footprints overcome space constraints.
- Ikea curates local inventory—slender furniture for condos and live plants—while cutting play centers and kitchen planning areas; unavailable items are available online, maintaining brand relevance without massive real estate.
- Major retailers including Sephora, Best Buy, and Bell Canada have launched small-format stores in recent years, though Ikea shuttered a Scarborough Town Centre location earlier this year after it failed to meet performance expectations.
- McGowan argues smaller stores are a win-win, reducing new site setup times by 25 per cent and lowering investment costs, creating a realistic, scalable model for Ikea's global retail expansion.
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25 Articles
25 Articles
The Toronto Star+23 Reposted by 23 other sources
Why retailers like Ikea are going big on small stores
When Ikea opens its latest location at a London, Ont., mall this fall, shoppers will find their visits are far from the labyrinthine experience most have come to expect from
·Toronto, Canada
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Why retailers like Ikea are going big on small stores – 105.9 The Region
When Ikea opens its latest location at a London, Ont., mall this fall, shoppers will find their visits are far from the labyrinthine experience most have come to expect from the Swedish furniture giant. The customers most impervious to browsing will make it through the shop in a matter of minutes and even those prone to spur-of-the-moment purchases likely won’t have an hours-long ordeal. That’s because most Ikeas are at least 300,000 square feet…
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Total News Sources25
Leaning Left20Leaning Right0Center2Last UpdatedBias Distribution91% Left
Bias Distribution
- 91% of the sources lean Left
91% Left
L 91%
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