The IKEA logo is seen outside an IKEA furniture store in Brussels, Belgium June 13, 2023.
REUTERS/Yves Herman/File Photo Acquire Licensing RightsBOGOTA, Sept 27 (Reuters) - Swedish furniture maker IKEA will this week open its biggest South American store in Colombia, as part of an international expansion plan which includes growth in Peru and Chile with an investment worth $600 million, an executive said on Wednesday.
The Colombia store, to be opened on Thursday in the capital Bogota, will be the first in the country and will span three floors with 40 exhibition rooms.
"The opening of our first store in Colombia is part of the brand's plan to establish nine stores in Chile, Colombia and Peru over the next 10 years," Hasbleidy Castaneda, IKEA's manager in Colombia, said in an interview.
The investment plan includes opening two more stores in Colombia next year, to be located in Medellin and Cali, the country's second and third-largest cities respectively.
Persons:
Yves Herman, Hasbleidy Castaneda, Luis Jaime Acosta, Oliver Griffin, David Holmes
Organizations:
REUTERS, Rights, IKEA, Thomson
Locations:
Brussels, Belgium, Rights BOGOTA, Swedish, Colombia, Peru, Chile, Bogota, Medellin, Cali, Mexico, Dominican Republic