Ikea Closes Scarborough Town Centre Store in 2024 Due to Online Shift
Ikea has announced the closure of its small format store at Scarborough Town Centre in Toronto, set for early next year. The store, which opened in August 2023 and employs 130 people, will shut down due to changing consumer habits favouring online shopping and a limited product range. The decision to close the store is a response to shifting consumer behaviour, with more people opting to shop online. Additionally, the limited product range at the small format store has contributed to the closure. Ikea is committed to minimizing the impact on its employees, exploring opportunities for them in other locations. The closure of Ikea's small format store at Scarborough Town Centre is expected to take place early next year. The store's 130 employees are being considered for roles in other Ikea locations, with the company aiming to support them through this transition.
