Swedish budget furniture retailer IKEA said on Wednesday that it will close seven physical stores in China that are scattered in major cities such as Shanghai, Guangzhou and Tianjin, while the company ...

SHANGHAI — Furniture retailer Ikea is closing seven stores in China from Feb 2, it said in a statement on Wednesday (Jan 28). The stores earmarked for closure include one in suburban Shanghai, another ...

Furniture retailer IKEA has announced plans to close seven stores in China from 2 February 2026. The locations scheduled for closure are IKEA Shanghai Baoshan, IKEA Guangzhou Panyu, and IKEA Tianjin ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ikea has shut seven large stores in China, as the furniture retailer’s new strategy takes shape against a ...

The seven stores to close are located in Shanghai, Guangzhou, Tianjin, Nantong, Xuzhou, Ningbo, and Harbin. IKEA will provide comprehensive support to all affected employees throughout the transition.