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... first time, indicating its likely expansion plans. Although the service is currently ...

IKEA’s new CEO Peter Agnefjäll has told the Financial Times he hopes to increase the number of annual store openings from five this year. He described this number as a “record low”. Agnefjäll stepped up to the role on 1 September after a year shadowing predecessor Mikael Ohlsson. Asked about Ohlsson’s earlier pledge to open 20-25 stores a year, however, Agnefjäll sought to distance himself, saying: “I don’t recognise that, really.” Agnefj ...

Netherlands-based electricals buying group Euronics is to continue with its expansion in Russia, which had been put on hold because of the economic crisis. In the middle of July, the retailer will open a new outlet in the Magnit shopping centre in the city of Vyksa. Euronics has also revealed plans to rebrand 10 Elektroniki stores and open five new stores by the end of 2011, investing USD200,000 to USD500,000 in each of the stores, depending on size. The rebranded Elektroniki stores will  ...

... Castorama announced its five-yuear expansion plans. Matthew Tyson said the home ...