IKEA Mexico

IKEA opens its second store in Mexico, while looking for local furniture makers to mitigate price hikes

The furniture retailer has sought alternatives, such as locating local suppliers, to reduce waiting times and transportation costs for the goods it imports from Europe and Asia.

IKEA plans to open 3 more stores in Mexico

This was announced by the Sales Director of IKEA Mexico, Ricardo Pinheiro. These cities are considered within the plan.

Ikea pauses its operations in Russia and prepares a price hike

The company will increase its prices 12% this year, three percentage points more than the 9% it announced in December 2021.

The national furniture industry faces competition from IKEA

The Swedish chain has approached the producers of the sector to add them to its supply chain in Mexico and the United States.

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