Colombia
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IKEA announces expansion in South America
On May 17th S.A.C.I. Falabella and Inter IKEA Systems B.V., owner of the IKEA Concept and international franchisor of IKEA, signed a memorandum of understanding for the granting of franchise rights in Chile, Colombia and Peru to S.A.C.I. Falabella. The objective is to open at least nine stores in Chile, Colombia and Peru in a period of 10 years, along with online sales channels for these three countries. It is expected that the first store will open in the city of Santiago at the end of 2020, to continue later with openings in Lima and Bogotá. “We are of course very excited to bring IKEA to South America together with Falabella, who is a strong local partner with a lot of experience in developing and successfully operating retail businesses. They also have a well-developed distribution network in the region, which will give us the speed we need to be more accessible to the... Continue reading
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June 6, 2018
IKEA announces expansion in South America
On May 17th S.A.C.I. Falabella and Inter IKEA Systems B.V., owner of the IKEA Concept and international franchisor of IKEA, signed a memorandum of understanding for the granting of franchise rights in Chile, Colombia and Peru to S.A.C.I. Falabella. The objective is to open at least nine stores in Chile, Colombia and Peru in a period of 10 years, along with online sales channels for these three countries. It is expected that the first store will open in the city of Santiago at the end of 2020, to continue later with openings in Lima and Bogotá. “We are of course very excited to bring IKEA to South America together with Falabella, who is a strong local partner with a lot of experience in developing and successfully operating retail businesses. They also have a well-developed distribution network in the region, which will give us the speed we need to be more accessible to the... Continue reading
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IKEA announces expansion in South America
On May 17th S.A.C.I. Falabella and Inter IKEA Systems B.V., owner of the IKEA Concept and international franchisor of IKEA, signed a memorandum of understanding for the granting of franchise rights in Chile, Colombia and Peru to S.A.C.I. Falabella. The objective is to open at least nine stores in Chile, Colombia and Peru in a period of 10 years, along with online sales channels for these three countries. It is expected that the first store will open in the city of Santiago at the end of 2020, to continue later with openings in Lima and Bogotá. “We are of course very excited to bring IKEA to South America together with Falabella, who is a strong local partner with a lot of experience in developing and successfully operating retail businesses. They also have a well-developed distribution network in the region, which will give us the speed we need to be more accessible to the... Continue reading
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IKEA announces expansion in South America
On May 17th S.A.C.I. Falabella and Inter IKEA Systems B.V., owner of the IKEA Concept and international franchisor of IKEA, signed a memorandum of understanding for the granting of franchise rights in Chile, Colombia and Peru to S.A.C.I. Falabella. The objective is to open at least nine stores in Chile, Colombia and Peru in a period of 10 years, along with online sales channels for these three countries. It is expected that the first store will open in the city of Santiago at the end of 2020, to continue later with openings in Lima and Bogotá. “We are of course very excited to bring IKEA to South America together with Falabella, who is a strong local partner with a lot of experience in developing and successfully operating retail businesses. They also have a well-developed distribution network in the region, which will give us the speed we need to be more accessible to the... Continue reading