General Retail News

[neonjoe]

Ikea stores are in the range of about 320,000 square feet. All of Fairview Park is around 750,000 square feet. So I don’t know how much floor space Hudson’s Bay is, but I don’t think it’s half of a typical mall that it would be in.

Ikea is a big store.

I haven't been to an Ikea since the 1990s, when I still lived in the GTA, so I don't remember how they compare in size. Anyhow, I don't see why they can't sell a lot of their stuff in a smaller store.

IKEA has been testing new formats recently. They have the one downtown Toronto location as well as the location in the former sears at Scarborough Town Centre. So it’s not impossible. But they do tend to only open in areas with more than 1M or more in the CMA. Heck, Buffalo NY doesn’t have a location, most of them drive to Burlington. Cleveland Pop 2M+ in its MSA doesn’t have a location.