IKEA opens first mixed-use store in South Korea

This is part of the group’s plan to invest over $341m the country.

IKEA has opened its fifth store in South Korea, marking the brand’s first integration into a mixed-use facility.

Located in the Gangdong I-Park The River complex in eastern Seoul, the new store combines shopping, entertainment, and business spaces, offering easier access to more customers.

The IKEA Gangdong store features 7,400 products, with 3,700 available for immediate purchase. It also includes a sustainable living shop, a circular hub, and offers electric vehicle deliveries, supporting the company’s zero-emission goals.

The opening is part of IKEA’s broader strategy to invest over $341m (€300m) in South Korea, further expanding its physical and digital presence.