Big Box Outlets Pivot to Smaller Retail Space

In an era of tiny houses and minimal carbon footprint, some big box stores are pivoting to smaller retailer space in an effort to reach consumers who prefer a smaller venue along with a more personalized shopping experience.

Earlier in the year, home furnishing giant Ikea opened an 8,800 square-foot store in Gaithersburg, Maryland. The new venue is a fraction of the typical 300,000 square-foot space the retailer typically occupies.

Ikea has joined the ranks of Target, Macy’s, and Nordstrom who have experimented with small-store formats over the past decade.

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