Ikea Prepares for Future of Mega Cities and ‘Thin Wallets’

  • Swedish furniture giant to present new three-year strategy
  • Company will continue to have low prices as no. 1 priority

IKEA Moves Into City Centers

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Ikea Group, the world’s largest furniture retailer, is getting ready for a future where people have little to spare: both in their wallets and in terms of space.

The Swedish furniture giant is now abandoning its custom of planning five to 10 years ahead, setting a new three-year approach to keep pace with a rapidly transforming society.