(MENAFN) IKEA has opened its second store in South Korea in Goyang, entering the competition against all opponents in the region.
Goyang Store Manager said: "We are excited to open our doors and offer better accessibility to the people in Seoul and northern metropolitan area."
As Shinsegae department store opened its 3rd shopping center in the same city, the competition is expected to be fierce.
During the fiscal year of 2017, IKEA's first store in Korea reached 365b won in sales, and the company is planning to run 6 stores and e-commerce in SKorea.
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