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IKEA Store in Nanning
A photo taken on March 20, 2024, shows the IKEA Nanning store located at Pingle Avenue in the Wuxiang New District in Nanning, Guangxi Zhuang Autonomous Region, South China. IKEA is currently continuing to cut prices globally and is trying to establish smaller stores in China. During the fiscal year 2024, which runs from September 1, 2023, to August 31, 2024, IKEA is planning to keep investing in its low price strategy by reducing costs in raw materials and operations. In the Chinese market, following the announcement of price cuts for over 300 products at the start of the fiscal year, IKEA has recently declared that it will invest more than 100 million yuan to broaden the scope of its price investment. IKEA China is also trying to expand its business format by setting up smaller stores. (Photo by Costfoto/NurPhoto)
Photo Details
| Photo ID | #11090175 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Costfoto/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2025 NurPhoto - Costfoto/NurPhoto |
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