Ikea to Focus on 30 Megacities for Future Small-Store Openings

(Bloomberg) -- Ingka Group, the largest Ikea franchisee, will focus on 30 megacities as it rolls out its concept of opening smaller stores in central urban locations globally.

Those locations include cities such as Paris, New York, Warsaw, Tokyo, Shanghai and Barcelona, Ingka Group Chief Executive Jesper Brodin said in an interview in Madrid.

Here are the other key takeaways from the interview:

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