IKEA arrives in Mexico

Three years after Inter IKEA Systems B.V., franchisor and owner of the IKEA concept, decided to grant Ikano Group the market allocation for Mexico, we can finally announce the opening of the first IKEA store at Encuentro Oceanía city mall in autumn 2020.

Adding on to Ikano Group’s existing seven IKEA stores in Southeast Asia, this IKEA store will be the first in Latin America. E-commerce for Mexico City customers is also foreseen to start up at the same time as the opening of the physical store.

“We are very excited to open in such a dynamic market as Mexico,” commented Malcolm Pruys, IKEA Mexico Retail Country Manager. “This is the great time for us to announce our arrival, as well as our plans in the country. Our ambition is to be able to bring the concept of democratic design to most Mexicans,” he emphasizes.

The first IKEA store will create around 300 and 370 direct jobs in both the store and the customer contact centre. And around 1,000 indirect jobs. It will be a 23,500 m² three level commercial space with more than 7,500 home products. 665 customers will be able to enjoy the iconic Swedish meatballs in the restaurant, and a Swedish food market is available with 150 different food products. The store will also have a rain water recovery system, and LED lights with the objective to get the LEED Gold Certification.

“We see a great opportunity in Mexico City and there are a lot of interest in our products and the solutions we offer,” says Annie Chandler, IKEA Store Manager.

For more information, please contact:

Marie Gällstad, Head of Ikano Group Communications
Marie.gallstad@group.ikano, +352 691 488 320

About IKEA Mexico

We want to create a better everyday life for the many people by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible can afford them. With the opening of the first IKEA store in Mexico in autumn 2020, we are determined to bring a little bit of Sweden to the many people of Mexico.

About Ikano Group

At Ikano, our vision is to create possibilities for better living.

We are an international group of companies active within banking, real estate, production, insurance and retail. Ikano Group was established in 1988 and is owned by the Kamprad family.