Al Futtaim to include one more Ikea store in Dubai within 2 years

Al Futtaim to include one more Ikea store in Dubai within 2 years

The Sweden based business has published double digit growth in revenue in its retailers across the UAE, Qatar, Oman and also Egypt in the past 4 years.

Al Futtaim Group, the Ikea operator in the area, plans to start one more department store in Dubai in the following 2 years.

An Ikea official stated that despite the difficult financial climate in the UAE, product sales at the Swedish retailer had not been struck despite footfall at the outlet stores of its in the emirates slowing between by one and two per cent up to now this season.

Nevertheless, its internet offering doubled the product sales of its last year when compared with 2014 along with its in store restaurants have delivered massive growth.

“Even in 2008, when the fin­ancial crisis began, Ikea posted increasing sales,” said John Kersten, the managing director at Ikea for the UAE, Qatar, Oman and also Egypt.

“Ikea does great in points during the crisis. We all know the list weather is difficult as businesses that we use are currently offering deals that haven’t been out there before.” He said Ikea sold 3 and half million plates of meatballs and 730,000 shawarmas in the UAE previous year. “With those numbers we are able to keep costs extremely low,” Mr Kersten said.

The Swedish manufacturer has put up double digit growth in revenue in its retailers across the UAE, Qatar, Oman and Egypt in the past 4 years.

Year that is last, the retailer even started a client buying and collection point in Al Ain.

Yesterday Ikea claimed it’d selected Abu Dhabi as among 3 shops worldwide, like Sweden and Canada, to pilot a brand new shop solution.

The “make an area for life” concept embraces the 4 walls of most people’s living areas by providing a complete look solution from floor to wall to ceiling and also the gentle furnishings in between.

The living space, a 2,500 square metre room at Ikea’s Yas Island retailer, will be the very first place to present the knowledge, though the brand new idea is rolled out across dining, bedroom plus kitchens this year.

“We feel there was a loss of inspiration in Ikea. All is designed to inspire in the latest concept.”

Mr Kersten added that the Arabic, Asian and Euro­pean-styled concept rooms would cater to the different tastes of the population in the UAE.

“[Abu Dhabi] was picked as a pilot shop since we noticed from the knowledge of ours in Qatar which the Ikea idea must be customized to the locale,” he said.