The big Ikea store out on the highway is being joined by two new smaller formats. It will have all three formats in five key cities by 2024, it says. This dramatic change is just part of Ikea’s stepped up efforts to increase its business at the same time fostering sustainability and eco-friendly initiatives. • Smaller — at least smaller for Ikea — locations in more urban areas, led off by the first such unit in Queens, NY. We see that as a big moment and unless you believe in this change you won’t be here in the future.”

Source: Forbes January 26, 2021 14:03 UTC