JOHOR BAHRU: A new IKEA store will be opening in Malaysia, it was announced Wednesday (Jun 15).
Set to open by the end of 2017, it will be located in Tebrau, Johor Bahru, and will be the first store in the southern region of Malaysia.
It joins two other IKEAs in the country; IKEA Cheras in Kuala Lumpur and IKEA Damansara in Petaling Jaya.
IKEA is the world’s largest home furnishing retailer, with more than 385 stores worldwide. Known for warehouse-like stores and flat-pack self-assembly furniture, it has shown strong growth in recent years, with sales at IKEA Group (which owns IKEA’s online stores and shopping centres) at €32.7 billion (US$36.6 billion) in the last fiscal year.
It is owned and operated by Ikano Private Limited in Singapore, Malaysia and Thailand.
Source: Channel News Asia