Published in Furniture on 12-04-2014
Yoni Van Looveren
The construction of Ikea Zwolle has started and it will be the very first in the Netherlands to apply a new store concept.
The new concept is meant to create the most sustainable large-scale store in the Netherlands.
Dutch bed retailer Beter Bed has succeeded in offloading its German subsidiary, Matratzen Concord, to investor Magical Honour. The latter is paying five million euros for the controversial mattress retailer and will invest just as much in Beter Bed Holding itself.
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Inter Ikea (owner of the Ikea brand and manager of the franchise activities) may still have to pay millions of euros in taxes the company is said to have avoided, if two deals with the Dutch tax authorities are revoked.
French holding company Cafom is looking to sell its subsidiary Habitat. Loss-making branches of the furniture chain are to be closed.