Yuuzoo target price: IKEA has announced that it will open its largest store in the world in Manila. The company has said that the new store, set to open in 2020, will be 700,000 sq.ft in size and has leased the space in SM Prime Holdings Inc.’s Mall of Asia. At the launch of the IKEA’s Philippine website, IKEA Southeast Asia Managing Director Christian Rojkjaer said that the company will invest 7 billion pesos or US$ 134 million initially in the store.
IKEA Philippine’s store will have a workforce of 500 staff and will offer over 9,000 products. The shop will enclose a two-level shop, a warehouse, e-commerce facility and a call centre. The Manila store is part of the company’s plan to expand in Asia. The first of 25 stores in Asia has already been opened in India in August and the IKEA has also planned to open its first shop in Japan by 2020. -yuuzoo target price.
Christian Rojkjaer also said, "The IKEA vision is to create a better everyday life for the many people, so we are excited to be bringing our offer to a country where millions of people share our passion for home.” -yuuzoo target price.