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Ikea dreams of a place of its own in Korea's big city

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 Insights

20-Apr-18 Ikea is planning to open a number of small city stores in Seoul, a significant departure from the suburban mega stores that the company typically favours, enabling people who find it difficult to access Ikea outside of city centers. [image: Ikea Korea]

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Japan's retailers boosted by e-commerce and overseas expansion

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13-Apr-18 Earnings growth in the Japanese retail sector is accelerating once again as companies expand and increase their presence abroad and in cyberspace. 14 of the 20 top publicly traded retailers foresee record net profits in fiscal 2018. [image: Nikkei Asian Review / Wataru Ito]

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42% of global e-commerce is happening in China

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10-Apr-18 China’s digital economy has experienced massive growth in the last decade. In 2008, China accounted for <1% of e-commerce; today its share is 42%. In comparison, the United States’ share is down 10% since 2005, to 25%. [image: McKinsey Global Institute]

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