IKEA To Open In Mexico

Three years ago, Inter IKEA Systems B.V., the owner of the IKEA concept and the worldwide IKEA franchisor, decided to grant IKANO Group* the market allocation for Mexico. Now the time has come to warmly welcome Mexico as a new retail market in the IKEA world. 

“We are very excited to bring the IKEA concept to Mexico. To offer the IKEA range of well-designed and functional home furnishing products at prices so low that as many people as possible will be able to afford them. IKANO brings a lot of experience in developing and successfully operating retail businesses, and together we are determined to make IKEA beloved and meaningful also in Mexico”, says Konrad Grüss, Managing Director, Inter IKEA Systems B.V. 

During the first couple of months, the IKEA offer and products will be available via e-commerce with home delivery. The first IKEA store will open its doors in Mexico City in the first quarter of 2021, at the Encuentro Oceanía. The store will create around 350 direct jobs and more than 1,000 indirect jobs. 

“We are very happy and proud to have started operations in Mexico, and we are looking forward to provide our market with the IKEA concept and products in order to create a better everyday life for the many people of Mexico,” says Malcolm Pruys, IKEA Mexico Retail Country Manager. He continues: 

“We are excited to open IKEA in Mexico only three years after the decision was made to enter the Mexican market. Especially under the tough Covid-19 conditions in Mexico City. It took significant collaboration and support across the IKANO Group and the retail business to make this possible. We now look forward to opening the first store early next year,” says Malcolm Pruys.

Source : IKEA

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