Ikea forced to delay opening of highly anticipated Oxford Street store amid DIY challenges...

IKEA is running into its own DIY challenges — forcing it to delay the opening of its highly anticipated Oxford Street store for a second time.Ikea snapped it up after Sir Philip Green’s Arcadia went bust in 2021.

But the key spot on the crossroads of the UK’s busiest shopping street will have sat empty for at least four years. It is another blow to Oxford Street, which has been hit by a swathe of closures and the rise of US sweet shops.M&S boss Stuart Machin says Oxford Street footfall is down 20 per cent and one in eight shops is vacant.It then delayed to this autumn and now has pushed back again.has sparked back into life, with a 17 per cent rise in agreed sales since the start of the year,

It anticipates 1.1million transactions through its portal this year but expects lower advertising revenue as more letting agents and housing associations join the property site. Savvy woman reveals genius way you can transform any room in your house in an instant using a bargain buy from Ikea - and it costs just £5has enjoyed a boom in holiday bookings, helping earnings to soar from £7.7million to £58million in the first three months of this year.

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