The Week Ahead (Feb. 2-8): Milan Winter Olympics Open; Voters Head to Polls in Japan, Thailand
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
Feb. 2: IKEA to close seven stores in China
The Swedish furniture giant will cease operations at seven of its offline stores across China, including locations in Shanghai, Guangzhou, and Tianjin, as part of a local transformation effort. The company plans to open more than 10 small-format stores over the next two years.
Feb. 2: Dalian exchange launches new options
Register to read this article for free.
Register
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
- DIGEST HUB
Digest Hub
Back
Explore the story in 30 seconds
- IKEA will close seven stores in China and open over ten small-format stores in two years as part of transformation.
- Major events: Singapore Airshow, Milan Winter Olympics, World Defense Show in Riyadh, and Indonesia International Motor Show.
- U.S. leads talks on critical minerals, NASA targets a lunar flyby, and general elections take place in Japan and Thailand.
AI generated, for reference only
Who’s Who
- IKEA
- IKEA, the Swedish furniture company, is closing seven of its physical stores in China, including locations in Shanghai, Guangzhou, and Tianjin. This is part of a local transformation strategy, and IKEA plans to open over 10 smaller stores in China in the next two years.
AI generated, for reference only
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新