IKEA Philippines on track to open in 3rd or 4th quarter: official

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="https://sa.kapamilya.com/absnews/abscbnnews/media/2018/news/11/20/ikea.jpg"/><figcaption>A jeepney painted in IKEA&#x27;s signature blue and yellow colors is displayed at the SM Mall of Asia where the Swedish furniture giant plans to build its biggest store in the world. Nov. 20, 2018. <em>Jessica Fenol, ABS-CBN News</em></figcaption></figure></div><p>MANILA - The construction of the Philippine outlet of Swedish furniture-maker IKEA is &quot;going according to plan&quot; despite the disruptions caused by the COVID-19 pandemic, one of the company&#x27;s officials said Tuesday. </p><p>IKEA PH, set to become the <a href="https://news.abs-cbn.com/business/11/20/18/ikea-building-words-largest-store-in-philippines-sets-2020-opening">world&#x27;s largest</a>, will open in the third or fourth quarter of the year with its e-commerce site launching ahead of physical branch&#x27;s opening, IKEA&#x27;s Southeast Asia development manager Georg Platzer told reporters during a virtual media briefing. </p><p>&quot;Everything is going according to plan. We have a plan of opening on Q3 or Q4 this year, starting first with e-commerce and then opening the store later. So we are progressing, it looks good... the situation is very fluid,&quot; said Platzer, who will manage the store.</p><p>&quot;We meet everyday to discuss the pandemic, new developments and we’ll never know now. For now, we cannot communicate an official date but it&#x27;s Q3 or Q4 2021 to start our operations,&quot; he added.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/11/20/18/why-ikea-chose-ph-for-worlds-biggest-store">Why IKEA chose PH for world&#x27;s biggest store</a></li>	<li><a href="https://news.abs-cbn.com/business/11/20/20/ikea-hiring-close-to-500-workers-for-worlds-largest-store-in-ph">IKEA hiring close to 500 workers for world&#x27;s largest store in PH</a></li></ul><p>The company earlier said it would hire close to 500 workers for the branch. It also engaged Philippine firm <a href="https://news.abs-cbn.com/business/02/16/21/ikea-philippines-rags2riches-sewing">Rags2Riches</a> for its custom-made textile products.</p><p>The world&#x27;s largest IKEA branch, located at the Mall of Asia Complex, will be 65,000-square meters, or big or enough to fit 150 basketball courts, officials earlier said.</p><p>Two of IKEA Philippines&#x27; 5 floors will be for brick and mortar retail. The rest will be allocated for a warehouse and a call center that will handle the e-commerce side of the business, Platzer said.</p><div><br/><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/STZRp2SdjXk?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>The construction of the anticipated Philippine outlet of Swedish furniture-maker Ikea is "going according to plan" despite the COVID-19, its official said Tuesday. </p>

The construction of the anticipated Philippine outlet of Swedish furniture-maker Ikea is "going according to plan" despite the COVID-19, its official said Tuesday.

IKEA Philippines on track to open in 3rd or 4th quarter: official | ABS-CBN

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IKEA Philippines on track to open in 3rd or 4th quarter: official

IKEA Philippines on track to open in 3rd or 4th quarter: official

ABS-CBN News

Published Feb 16, 2021 04:35 PM PHT

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