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store closures

Stories tagged store closures.

Retail / news / en / Sep 10, 2026, 23:13 UTC

China's gold jewellery shops close as buyers favour bars and coins

Gold jewellery retailers are shutting stores across China as high but volatile prices and falling marriage numbers curb demand, with sales down by a third in the first half of the year.

gold jewelleryChina retailgold pricesstore closuresChow Tai Fookconsumer demand
Retail / news / en / Jul 20, 2026, 15:34 UTC

Ikea's Parent Ingka Group Sells Eight Former Retail Sites in China

Ingka Group, Ikea's parent company, has hired JLL to sell eight former retail properties in mainland China, marking its largest asset disposal in nearly 30 years in the market.

IkeaIngka GroupChinaretail propertystore closuresecommerce