Ikea opening new location in Manhattan
Although IKEA has mostly avoided the fate of its brick and mortar peers, which—particularly in New York, where rents continue to rise at untenable rates that hit small operations particularly hard—have been vanishing as e-commerce consumes their business. IKEA will reportedly eliminate 7,500 jobs, primarily corporate roles, as it reconfigures its stores to better fit customers' buying habits.
2018 - Media Team Retailp.com