Possible Ikea return to Halifax prompts Twitter buzz from those who miss shop

HALIFAX -- Ikea is making a big announcement in Halifax on Friday, sparking fevered speculation the Scandinavian furniture chain is returning to Atlantic Canada.

See Full Article

Ikea Canada said its president, Stefan Sjostrand, will join the city's mayor, Mike Savage, Friday for a news conference.

Neither the company nor the mayor would confirm that means the return of the shop to Halifax, after it departed the region in the late 1980s.

But Savage did allow that he's an Ikea fan and said it would be exciting if the rumours prove correct and added he is awaiting Friday's announcement with bated breath.

Meanwhile, comments are flowing on Twitter from hopeful potential customers, some of whom recall when the store set up in the province in 1975 and have grown weary of ordering by mail.

Pamela MacKinnon tweeted, "love is when your man offers to shop at the Ottawa Ikea for you, because we sadly don't have one."

Another user, Karen McGrath, pleaded: "Eeek! Please come to Halifax Ikea!"

Matina AuCoin, the owner of Zephyr Rug and Home in Halifax, said in a telephone interview she prefers to support local businesses and buys from Canadian furniture manufacturers.

But the local businesswoman says if Ikea does return to the city, it might keep some shoppers circulating and business in the region.

"Someone's creating buzz," she said.

An Ikea spokeswoman said in an email that the company will not release further details until the announcement.

In November the firm announced plans to double its number of stores in Canada over the next 10 years.

The company says on its website it is planning five smaller pick-up and order stores in Quebec and Ontario.



Advertisements

Latest Economic News

  • Outgoing Sears Canada employees try to stop $7.6M in bonuses for execs

    Economic CTV News
    Former and current employees of Sears Canada have filed a legal motion in an attempt to stop dozens of company executives from splitting $7.6 million in retention bonuses while many laid-off workers miss out on severance payments. Source
  • Adidas to sell CCM to Toronto-based firm for $110 million US

    Economic CBC News
    German sportswear manufacturer Adidas has announced an agreement to sell its CCM hockey-equipment subsidiary to a Canadian firm for $110 million US. The multinational said Thursday it will sell CCM to Toronto-based Birch Hill Equity Partners, with the majority of the transaction to be paid in cash. Source
  • White House and congressional leaders scrap import-based tax

    Economic CTV News
    WASHINGTON -- Trump administration officials and congressional leaders are no longer considering an import-based tax system to rewrite the tax code, which was welcomed by Foreign Affairs Minister Chrystia Freeland. A border tax system had been contemplated to lower rates without blowing a hole in the American budget. Source
  • Amazon profit slumps 77% as costs surge, shares fall

    Economic CBC News
    (Reuters) Amazon.com Inc. reported a 77 per cent slump in quarterly profit as the company invests heavily in areas such as video content and in fast-growing economies such as India. The company's shares, already up nearly 41 per cent this year, were down 2.6 per cent at $1,019 US in after-hours trading on Thursday. Source
  • Starbucks to shutter all Teavana stores as sales disappoint

    Economic CTV News
    NEW YORK -- Starbucks plans to shutter all its Teavana stores as it seeks to improve its financial performance. The company said Thursday it will close all 379 Teavana locations over the coming year. Source
  • Liberals set up fast-track system for infrastructure bank approvals

    Economic CTV News
    OTTAWA -- The federal infrastructure bank is many months away from opening its doors, but Liberals have given a group of civil servants the power to help fast-track approval of projects for private funding well in advance. Source
  • Branson sells majority stake in Virgin Atlantic in broader tie-up

    Economic CTV News
    LONDON -- Richard Branson is selling his majority stake in Virgin Atlantic. The billionaire entrepreneur's Virgin group announced Thursday that he was selling a 31 per cent stake to Air France-KLM for 220 million pounds ($287 million). Source
  • U.S. Republican leaders announce end of border tax proposal

    Economic CBC News
    A Republican proposal in the House of Representatives to institute a border tax on imported items has been killed, party leaders said on Thursday, saying they did so as part of a tax overhaul deal struck between congressional and administration negotiators. Source
  • Twitter shares take beating as user growth stalls

    Economic CTV News
    Twitter shares took a pounding Thursday after the company reported stalled growth in a key measure of its user base, sparking fresh fears over the future of the social network. Twitter, which has been struggling to keep pace in the fast-moving world of social media, reported a net loss of $116 million in the second quarter, slightly wider than its $107 million loss a year ago. Source
  • Prime spot: Amazon's Jeff Bezos briefly becomes richest man in the world

    Economic CTV News
    Amazon founder Jeff Bezos briefly snagged the crown of “richest person in the world” on Thursday from Bill Gates, in Forbes’ realtime rankings of the wealthiest billionaires on the planet. Bezos’ net worth spiked to US$90.5 billion Thursday morning, putting him just ahead of the Microsoft founder’s $90-billion fortune. Source