Ingka Group has recently appointed JLL, an international real estate agency, to exclusively sell eight self-owned IKEA store properties in China, as the retailer shifts toward a small-format store strategy in the country.

Ingka Group has recently appointed JLL, an international real estate agency, to exclusively sell eight self-owned IKEA store properties in China, as the retailer shifts toward a…

Sales follow store closures as Swedish furniture retailer focuses on online channels amid sluggish property market, consumer spending.