IKEA to open the second store in Abu Dhabi


March 12, 2020 | By RetailME Bureau

Swedish home furnishing retailer IKEA is gearing to open its second store in the UAE capital in July 2020. The furnishing retailer has chosen Al Wahda Mall as the location for its new 23,000-sqft store, its fifth across the Emirates. The move also comes close on the heels of opening its second store in Dubai at the Festival Plaza in Jebel Ali.

A memorandum of understanding (MoU) was signed by Wajeb Al Khoury, director of Line Investments and Property and Vinod Jayan, managing director of Al-Futtaim IKEA, in the presence of Ashraf Ali MA, executive director of LuLu Group, at the Lulu Group regional office in Dubai.

Speaking on the occasion, Ashraf Ali described it as a proud moment to “welcome the world-renowned IKEA brand that would be loved by the residents in the heart of the city who need ready-to-assemble furniture and home essentials. IKEA would perfectly complement the lifestyle and entertainment offerings of Al Wahda Mall to make every shopping experience complete.”

“One of our key strategic objectives at IKEA is to reach and engage with many more people, and with the opening of our second store in Abu Dhabi, we edge closer to achieving our goal. We are delighted to open a new IKEA store at Al Wahda mall, given the mall’s strategic and central location,” added Jayan. “We are thrilled to bring a new City Store IKEA concept to the people of Abu Dhabi, a concept that brings the IKEA experience closer to people’s homes. As in all IKEA stores, we will offer a wide range of home furnishing ideas with well-designed furniture and home accessories that are affordable for all.”

Historically speaking, Al Wahda Mall is IKEA’s third location in Abu Dhabi. The first IKEA store was opened in 2001 at Abu Dhabi Marina Mall, which relocated to Yas Island in 2011. Likewise, the first small format IKEA store in Dubai’s Karama area was opened in 1991. In 1995, the large format store was located at City Centre Deira, which later relocated to Dubai Festival City in 2005.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Sunil Kumar and Ali Saeed Juma Albwardy, Spinneys

One of UAE’s leading fresh food retailers, Spinneys has announced its intention 

Continue Reading

April 19, 2024 | By RetailME Bureau
Laura Manning, Managing Director & Founder, BRW Society

Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes 

Continue Reading

April 5, 2024 | By Rupkatha B
Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau
Ahmad AR. BinDawood, Chief Executive Officer, BinDawood Holding

BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38 

Continue Reading

December 13, 2023 | By RetailME Bureau
Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour 

Continue Reading

December 8, 2023 | By Rupkatha B




Download Images RetailME Magazine