NNA Business News
By Darlene Basingan MANILA, NNA – After a two-year delay amid pandemic disruptions, Swedish furniture giant Ikea finally made its debut in the Philippines with the opening of its largest store in the world on November 25. The Netherlands-headquartered multinational conglomerate is hoping to capitalize on the spending power of the growing Philippine middle class and young-adult working population who have a penchant for interesting home furnishing and lifestyle. Although the opening of Ikea Pasay City at the famous SM Mall of Asia complex arrived at a time when consumer confidence has dimmed af…
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