Ikea’s China remodelling: parent firm puts eight former retail sites on block

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Source: South China Morning Post
Published: 2026-07-20 16:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Economy & Finance, China, Financial Markets, Tax & Budget, Family, Property & Housing, Business & Economy, Asia Pacific
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Snippet:
Sales follow store closures as Swedish furniture retailer focuses on online channels amid sluggish property market, consumer spending
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