Business expansion
Location of affected unit(s)
Madrid and Barcelona
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Household Equipment In Specialised Stores
47.59 - Retail sale of furniture, lighting equipment and other household articles in specialised stores

750 jobs
Number of planned job creations
Job creation
Announcement Date
9 July 2020
Employment effect (start)
Foreseen end date
1 July 2023


Ikea has announced its global expansion and transformation plan, which will involve an investment of around 150 million euros and the creation of around 750 new direct jobs in Spain in the next 3 years. This plan aims to open new store formats in 30 city centres worldwide (including Madrid and Barcelona in Spain). The company is already investing in these stores to increase their logistics capacity and to adapt them to the new format. Moreover, the COVID-19 crisis is forcing to the firm to implement some modifications adapting the logistics capacity of the stores while offering more versatility, agility and collection points.



Eurofound (2020), IKEA, Business expansion in Spain, factsheet number 101225, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/101225.