Ikea's smaller format store, (the downtown one) is coming to Scarborough Town Centre, to the former Sears space, where it will occupy 80,000ft2. Retail-Insider has the story:
IKEA Announces 80,000 sq. ft. Scarborough Town Centre Concept Store in Toronto [Interview/Renderings]
The store is part of a move by IKEA to target urban consumers living in smaller apartment-type dwellings.