# IKEA

IKEA’s Clearance Rush: A Last Hurrah — and a Symptom of China’s Furniture Retail Shake‑Up

IKEA’s high-profile clearance sales at seven closing Chinese megastores drew crowds and chaotic scenes, highlighting the decline of large-format furniture malls and the rise of small-format, omnichannel retail. Consumer preferences, e-commerce competition and changing urban living patterns are reshaping China’s home-furnishing market, creating winners among agile domestic brands and lifestyle retailers and headaches for landlords and legacy operators.