Ikea returning to Nova Scotia with new Halifax store

HALIFAX -- Ikea has announced plans to build a full-size store in the Halifax area, the first of 12 new stores the Scandinavian furniture chain will roll out across Canada over the next decade.

See Full Article

Stefan Sjostrand, president IKEA Canada, said the 328,000 square-foot store will be located in Dartmouth Crossing and will include a showroom, playroom and restaurant featuring the company's signature Swedish meatballs.

"I got mail from the people living in Halifax, in Nova Scotia, asking us to open up a store in the area, and I'm very thrilled to be able to make this announcement for the people living here," said Sjostrand in an interview prior to the official announcement in Halifax on Friday.

Construction is expected to start this summer and will take roughly 14 to 16 months to complete, said Sjostrand.

He said the decision to set up shop in Halifax came after more than a year of site visits and consultations and was based on factors such as population and location accessibility.

"It's important that we're close to where the main traffic is, so we can reach as many people as possible," said Sjostrand, who is originally from Sweden.

"There was also a site ready for us, so that speeded up the process to become the first stop on this fantastic expansion journey we have in front of us."

Sjostrand wouldn't say if there are more Ikea stores in Atlantic Canada's future. But he said he believes people will travel from across the region to visit the Halifax store.

"The combination of our knowledge of how people live their lives at home, and our inspiration, low prices and quality, it gives customers reasons to visit our stores," said Sjostrand.

The new store marks the return of Ikea to the province. The business opened their first Canadian store in Halifax more than 40 years ago but it closed several years later, said Sjostrand.

He said the new store will be the most sustainable store in Canada, with rooftop solar panels providing electricity to the building, a geothermal energy generation system for heating and cooling and LED lighting throughout the store.

"It's so important to work towards sustainability. Sustainability should not be a luxury for a few, it should be available to many," said Sjostrand, adding that Ikea sold more than one million LED bulbs in Canada over the past year.

"If we can support our customers to live a more sustainable life at home, that could have a huge impact on their environment."

Sjostrand said the company is aiming to be energy independent by 2020.



Advertisements

Latest Economic News

  • Alibaba's online payment platform AliPay coming to Canada: company

    Economic CTV News
    TORONTO - Chinese online shopping giant Alibaba Group's online payment platform AliPay will officially launch in Canada through a partnership with Canadian tech firm Snap Pay Inc. Canadian retailers will be able to accept Chinese currency from Chinese shoppers starting this week. Source
  • U.S. dairy takes aim at Canadian supply management in round 3 of NAFTA

    Economic CTV News
    OTTAWA -- The first punches in what promises to be a bitter fight over Canada's protected dairy industry are expected to be thrown during this week's third round of North American Free Trade talks in Ottawa. Source
  • C'est la vie: Canadian energy producer accepts French drilling ban with a shrug

    Economic CTV News
    CALGARY -- The traditional 20th anniversary present is china but Canada's Vermilion Energy Inc. is getting quite a different gift for its second decade as a light oil producer in France: a divorce petition with an implementation date of 2040. Source
  • How car dealerships upsell you: CBC's Marketplace consumer cheat sheet

    Economic CBC News
    Miss something this week? Here's the consumer news you need to know from CBC's Marketplace. Get this in your inbox every Friday. Sign up here. What got out in the Equifax hack? A massive cybersecurity breach may have exposed the personal information of about 100,000 Canadians. Source
  • Boeing-Bombardier ruling slated for Monday

    Economic CTV News
    OTTAWA -- Politicians, defence officials and Canada's aerospace industry have Monday circled on their calendars as the date to watch in Boeing's ongoing trade dogfight with Montreal-based Bombardier. Here's what you need to know, and what is expected to follow: Source
  • Report calling for end of gas price regulation flawed, says economist

    Economic CBC News
    A Nova Scotia-based think-tank says gas price regulation has taken millions of dollars out of the wallets of drivers in Atlantic Canada, but an economist says the report is filled with factual errors and the methodology is flawed. Source
  • Site C dam project draws criticism at Vancouver public input session

    Economic CTV News
    VANCOUVER - Critics of an $8.8-billion dam project in British Columbia voiced concerns over the long-term costs of the project during the first in a series of public input session. The province's new NDP government directed the BC Utilities Commission to review the economic viability of the Site C hydroelectric dam project that was initiated by the former Liberal premier Christy Clark. Source
  • Pricey even with a contract: Wireless carriers release iPhone 8, iPhone X pricing

    Economic CBC News
    The first of the new iPhones are now available in Canada and wireless companies have released their pricing. With a two-year contract at Bell and Rogers, the iPhone 8 will cost $229 Cdn or $429 depending on the memory size. Source
  • Third round of NAFTA talks opens in Canada

    Economic CTV News
    OTTAWA -- A third round of NAFTA renegotiations has begun with chief negotiators from Canada, the U.S. and Mexico meeting in the Canadian capital. Canada's chief negotiator, Steve Verhuel, said Saturday that he doesn't expect this round to see any new U.S. Source
  • Chief Canadian NAFTA negotiator not expecting progress on auto content rules

    Economic CTV News
    OTTAWA - Despite tough talk from the U.S. about the job-killing impact of NAFTA on its automotive sector, Canada's chief negotiator isn't expecting to see a detailed proposal from the Americans during the latest round of talks to rewrite the continental trade pact. Source