Another hint Ikea will hit NZ

CATHERINE HARRIS
Last updated 16:51 09/05/2014
Ikea
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NOT HERE: Furniture at an Ikea store in Berlin.

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Fans of the Swedish furniture giant Ikea have been thrown another crumb of hope that the firm will cross the Tasman to New Zealand.

Campbell Barbour of New Zealand Retail Property Group, which is building Auckland's Westgate centre near Hobsonville, said he had had some discussions with Ikea Australia and noted the firm was on an expansion drive.

"I think it might include New Zealand and we think Westgate is the no-brainer location," he said, adding that no formal negotiations were underway that he knew of.

However, Ikea's public relations agency in Australia said there was still no news on a New Zealand store "at this stage".

According to Australian media, Ikea plans to roll out four more stores in Australia by 2016, and possibly another three or four stores on the country's east coast by 2020.

Ikea was reported to be trading strongly after cutting prices by as much as 50 per cent.

"The difference now is we've made a decision to grow faster and open more stores one after another," the chain's country manager David Hood told the Sydney Morning Herald.

Ikea will also roll out a new global online retail platform in all the 44 countries where it operates over the next two years, much to the relief of Australian Ikea fans, the paper said.

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- Stuff

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