Posted on 04/24/2020 1:03:11 PM PDT by Conserv
Furniture brand IKEA’s main retail vehicle said on Friday shoppers were returning quickly to its shopping centers after it reopened three in China last week, and one in Germany this week -- its first four to open after closures due to the coronavirus.
Ingka Group, which besides most IKEA stores also owns 45 shopping centers in Europe, Russia and China, said visitor numbers were back to 70-80% of year-ago levels in the center in China, indicating shopper confidence was recovering rapidly.
In the center in Germany, footfall was at 63% with 40 of 57 tenants open for business.
“In addition to waiving rent and service fee charges for all tenants, Ingka Centres has invested in measures to drive e-commerce traffic to their sites, and to help retailers work together to share home-delivery and click-and-collect services,” it said in a statement.
Ingka said it planned to open more centers in the coming days. It has 35 centers that are currently temporarily closed.
A majority of IKEA stores are or have been temporarily closed in recent months. A few stores in Germany and Israel, as well as the one in Wuhan, the city in China where the coronavirus was first discovered, reopened this week. Other stores in China reopened last month and Ingka has said business is back to normal in those.
It's also why the media is trying to keep Georgia(and other states) closed down.
so you’re thrilled that things will be going right back to the way they were with everything being sold in China? And you call that a concern troll? Okay
Have you been drinking?
I’m talking about customers returning to the stores.
On the local Georgia news yesterday, the media was trying to say that people weren’t ready for stores to open up and that it would be a long time before people were confident enough to go to stores.
Fools!
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