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    Vikshita Vitthal Gujaran in News

    23 Feb 11:15 AM


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    Ikea to shut down store at Mumbai's R City mall by mid-2024

    Furniture retailer Ikea is set to discontinue operations at its store in Mumbai’s R City mall by the middle of the year and consolidate its Mumbai operations at the Worli store, citing concerns around the viability of its small-format store.

    The store at R City mall, spread across 70,000 square feet, opened in June 2022 and offers a limited selection of Ikea goods. “In the R City store, we have not been able to provide customers the full Ikea experience due to limitations of the layout, design and location. All our other units in India remain unaffected and will continue to deliver the best experience to our customers," the company said on Thursday.

    Ikea, which operates a big-format store in Navi Mumbai apart from the small-format store at Worli, will continue to expand in Mumbai. The Navi Mumbai store is spread across 5 lakh sq ft.

    Source - Mint