The move is being seen as part of a strategy to introduce more of the Swedish furniture company's stores into city centres as it pledges 'to meet the evolving needs of UK households'.
has purchased a second UK shopping centre amid plans to open its first British city store outside of London. The Ingka Group, which owns
store. The deal comes after the firm's acquisition in January 2020 of the Kings Mall in Hammersmith, west London. The shopping centre - which was renamed Livat - saw 's owners will be hoping to rejuvenate the Churchill Square complex as around a third of its shopping spaces remain empty. At Hammersmith, it also brought in other tenants, such as Lidl. Alongside Hammersmith and Brighton,
promised to cut furniture prices as part of efforts to pass on cost savings to customers. Read more on Sky News:Supermarket chain ditches self-checkoutsBaby formula crisis: 'Jaw-dropping' prices are 'ridiculous'
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