IKEA to host Decathlon as first third-party retailer in UK store

Group 1 - Ingka Group, IKEA's largest retail operator, will introduce a Decathlon outlet within its Croydon store in the UK, marking the first instance of a global brand operating inside an IKEA location in the UK [1][2] - The Decathlon space will occupy 1,188m² within the 25,000m² Croydon store and will function independently with its own entrance [1] - This initiative is part of Ingka Group's strategy to incorporate complementary retail partners into its physical estate, aiming to enhance customer accessibility and store appeal [2][3] Group 2 - Ingka Group is investing €11 million ($12.97 million) to refurbish its Klagenfurt store in Austria, allocating around 2,600m² for third-party retailers [3] - The company plans to invest over €5 billion in new outlets and refurbishments across 32 markets between FY24 and FY26, with a focus on expanding its international presence [5] - In the US, IKEA aims to open ten new stores this year, including locations in Chicago, Tulsa, Fort Collins, and Los Angeles [5] Group 3 - The Croydon store will be the first UK deployment of the store-within-a-store concept, which has been piloted in Sweden with consumer electronics retailer Kjell & Company [4] - Ingka Group intends to continue adjusting store space in various markets to improve convenience and attract more foot traffic [4]