Based in Sweden, the Dutch retail chain for the sale of furniture and household goods IKEA has suspended work in Russia and Belarus. The company decided to temporarily close all stores due to the war.
IKEA suspends import, export, production, as well as sales in stores and online stores in Russia and Belarus. The Swedish retailer is operated by the holding company Ingka, which also controls the MEGA chain of shopping centers. They were not affected by the organization’s decision about IKEA – shopping centers will continue to operate as usual.
There are 17 IKEA hypermarkets in Russia. According to the data of the Kontur.Focus counterparty verification service, the revenue of the operating network in Russia of Ikea Dom LLC in 2020 amounted to 123.1 billion rubles. The closure of furniture stores will affect IKEA’s 15,000 people, but the company is committed to helping employees maintain income and employment in the near future.
The Swedish-Dutch furniture and home goods chain IKEA has closed all stores in Russia since March 4. The company announced the suspension of work on its official website.
The decision was made in a hurry, IKEA did not arrange holidays and sales on this occasion. However, this did not prevent Novosibirsk from gathering in the store in such numbers that were not here even at the opening in 2007.
It became known about the decision of IKEA to suspend imports, exports, production, as well as sales in stores and online stores in Russia and Belarus. However, the work of the Mega shopping centers, which are also managed by the holding company Ingka, will not be affected by the company’s measure – the complexes will continue to operate as before.
“What the hell?”: Russians about the closure of IKEA. Soon these things will be sold to each other for food.