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Ikea closure to hit 352 workers with job losses
FURNITURE giant Ikea confirmed today its plans to shut one of its largest stores in Britain, with 352 workers expected to lose their jobs.
The Swedish company said that it would close the doors of its Coventry branch, which opened in December 2007, in the first closure of one of its stores in its 33-year history in the country.
Ikea added that the site in the city centre, which cost it £35 million, was too expensive to keep operating and had lost customers to retail parks and online shopping.
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