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6 Dec 2025 12:47
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      Home > News > Business

    IKEA's presence in New Zealand - may give local retailers a needed wake-up call

    IKEA's presence in New Zealand - may give local retailers a needed wake-up call

    4 December 2025
    The Swedish chain opened its first Kiwi branch in Auckland's Sylvia Park this morning - drawing a massive crowd, although traffic was less affected than expected.

    The Warehouse has responded by announced it's reopening its Bargain Shed - a 20-minute drive away.

    Forsyth Barr Retail Analyst Paul Koraua says other stores will need to work for their share of the market.

    He says it will ultimately mean better products and prices for consumers.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     05 Dec: Chris Luxon admits many Kiwis still haven't felt the economy turn a corner
     05 Dec: A stepping stone in Auckland Airport's long term goals - as it welcomes a stopover for one of the world's longest commercial passenger services
     05 Dec: What does Vladimir Putin wants from his state visit to India and his meeting with Narendra Modi?
     04 Dec: New Zealand Food Safety has recalled some flavours of Tom and Luke brand Snacka Balls due to hard plastic contamination
     04 Dec: An IKEA opening in New Zealand - could signal economic success
     04 Dec: Air New Zealand's confident a strike a week out from Christmas, won't need to go ahead
     04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland
     Top Stories

    RUGBY RUGBY
    South Africa Rugby have taken the extraordinary step of re-signing Springboks coach Rassie Erasmus through until the end of the 2031 Rugby World Cup More...

    BUSINESS BUSINESS
    Chris Luxon admits many Kiwis still haven't felt the economy turn a corner More...


     Today's News

    		 Motoring:
    State Highway One through North Canterbury's Amberley is closed to northbound traffic after a two-vehicle crash this morning 12:27

     Rugby:
    South Africa Rugby have taken the extraordinary step of re-signing Springboks coach Rassie Erasmus through until the end of the 2031 Rugby World Cup 11:57

     Law and Order:
    Police are still searching for an offender, after a person was left in a critical condition from a gunshot wound in Auckland's Papakura early this morning 11:37

     Living & Travel:
    A new DOC trial hopes to manage increasing deer numbers in a remote part of Waikato 11:07

     Soccer:
    The wait is over in more ways than one for the All Whites ahead of the 2026 World Cup 10:47

     Health & Safety:
    Kindercare daycare says it's shocked that children entrusted in their care were harmed at a Christchurch centre yesterday afternoon 10:27

     Environment:
    Some high temperatures are forecast around the country this weekend 10:07

     Motorsports:
    Lando Norris has gone fastest in both sessions in Friday practice for the title-deciding Abu Dhabi Formula 1 Grand Prix 9:57

     International:
    Under deadline, Donald Trump is remaking the White House in his own image 9:47

     Soccer:
    The All Whites will face two sides inside the world's current top 20 at next year's World Cup - but have avoided the likes of world champions Argentina and European title holders Spain 9:37

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