Ikea rolls out investment plan in Spain

Last week, Ikea opened a new city store in Madrid – Ikea Torrejón. The opening is part of the retailer’s extensive expansion plan in Spain, which includes investing EUR 150 mio, opening several new customer meeting points and recruiting more than 1 500 new co-workers in three years.

Ikea Torrejón will be the sixth Ikea store in Madrid, along with two full-sized Ikea stores and two city stores. The new store is located in the Parque Corredor shopping centre, covers approximately 7 500 m², of which 5 400 m² are commercial.