The real-estate development arm of IKEA is moving forward with plans for Strand East, which will be a 6,000-resident development on 26 acres of industrial land near the site of this summer’s London Olympics.
Hopefully they’ll do the same here in Las Vegas and include a store!
If you’re heading down to IKEA from Vegas, make sure you download their new shopping app before you go. It will help you find your things easier and cut down on cramps from using those tiny pencils. Read more here.
A writer in Sydney recently shared his thoughts on IKEA:
“The Ikea store itself is a metaphor for life. You enter full of uncertainty, confused as to which direction to head, then find yourself swept along with the crowd. With all the twists and turns in the journey, it’s hard to know in what direction you are travelling. And, certainly, it’s incredibly difficult to choose your own path.”
So you have a small kitchen. A tiny one. What are your options? You could spend hours coveting the cavernous kitchens profiled in Architectural Digest. You could whine and complain. Or you could rethink your space. How?
IKEA reported a 10.3 percent jump in net profit to euro2.97 billion ($3.81 billion) for the year ended Aug. 31, even though it cut prices by 2.6 percent. Revenue rose 6.9 percent to euro25.17 billion in the same period and Ohlsson says the sales pace has been accelerating since then — even as stock markets around the world have taken a dive amid the worsening financial crisis in Europe. Click here to read more about how they were able to grow their profits even without having a store in Las Vegas.
