IKEA plans for 25,000sqft mini stores in India

Swedish home-ware major IKEA is now chalking plan for opening miniature version of its stores in 25,000sqft in area. The new format stores in India will be almost one-third of the company’s current stores, according to a source from the company. The company is in talks with some mall operators in Delhi-NCR to open its most compact store format in India. This is a departure from IKEA’s earlier plans to open its smaller version of outlets in the range of 70,000sqft – 100,000sqft in Delhi-NCR. Well, IKEA’s retail expansion move is an added business opportunity for the signage companies engaging in turnkey branding and in-store solutions projects at malls.