IKEA opens its third store in Colombia in the city of Medellin
With this opening, the Swedish furniture and decoration company completes 5 stores in South America and almost 100 thousand square meters built.
The expansion plan of the Swedish furniture and decoration company, IKEA, continues to progress with the Falabella group. Following the recent opening of their second store in Colombia, in the city of Cali, it was now Medellín's turn, with a new store opened in the Viva Envigado shopping center.
Alejandro Arze, Corporate General Manager of Home Improvement for Falabella, indicated that "we are proud to continue making the IKEA brand available, one of the most admired brands globally, to our customers in Colombia with home improvement products that are characterized by their design, functionality, good price, and quality. The opening of our IKEA store in Medellin will allow us to strengthen our brand expansion and growth plan in the region. We have already opened five stores: two in Chile and three in Colombia, in addition to the e-commerce portal operating in each country."
With a surface area of 18,000 square meters (m2) - of which 12,200 m2 correspond to the sales floor - the store offers a complete shopping experience across its two floors, combining design, functionality, and quality in every space. Thus, visitors can explore two fully equipped apartments, around 58 display spaces, and 27 inspiration rooms, each one reflecting unique details.
Follow us on: 
Similarly, the establishment has a 1,511 m2 restaurant that offers Swedish flavors and local dishes such as beans, fritters, and empanadas.
In terms of its accessibility, the store - which will create about 300 jobs - is located in the heart of the Envigado municipality, allowing over 90% of the local population to easily reach it. Additionally, this reach is complemented by the e-commerce platform IKEA.com.co which already has a reach to more than 290 municipalities in the country, offering an omnichannel shopping experience with over 6,000 products available in-store and online.
"We celebrate this new milestone in IKEA's expansion plan, which reaffirms our commitment to Colombia and the region to reach more people with our offer, which is notable for delivering affordable and sustainable design solutions. We trust that the people of Medellín will enjoy IKEA's value proposition, which will allow them to complement their homes with functional design products that contribute to families' quality of life," affirmed Hasbleidy Castañeda, country manager of IKEA Colombia.
The Expansion Advances
Following the inauguration in Medellín, IKEA now has five stores in South America: three in Colombia and two in Chile, totaling 99,500 m2 of constructed area in the region and 54,100 m2 of sales floor area.
The plan of IKEA in Colombia started with the opening of its first store in Bogotá in September 2023, located in the Mallplaza NQS shopping center, with a surface area of 26,000 square meters on 3 levels.