IKEA’s Arabic counterpart may open in Russia before the end of the year 17:45

Kamel Shaban, Vice President of the Middle East Association of Shopping Centers, said that the Arab Home Box chain, which includes similar IKEA products, could open its first store in Russia.

“Currently, the company is actively negotiating with investors and shopping malls in Russia who have expressed interest in opening Home Box,” he said.

According to him, the first store of the network may open in Moscow before the end of this year.

Shaban added that in a five-year perspective, Home Box could open up to 20 stores in over a million cities in Russia.

Previously reportedThe first store of the Belarusian brand Swed House in Russia was opened in the shopping and entertainment center (SEC) “Shchelkovsky” in Moscow. In this organization you can buy analogues of the goods of the Swedish retailer IKEA, which left the domestic market of the Russian Federation in connection with international sanctions. company owner declarationHe said that Swedish furniture retailer IKEA has the right to sell its original products, there is nothing illegal in such a practice.



Source: Gazeta

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