IKEA

Type
Business expansion
Country
France
Region
Nouvelle-Aquitaine; Aquitaine; Pyrénées-Atlantiques
Location of affected unit(s)
Bayonne (Pyrénées Atlantiques)
Sector
Wholesale / Retail
47 - Retail trade
47.5 - Retail sale of other household equipment
47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
250 jobs
Number of planned job creations
Job creation
Announcement Date
31 May 2006
Employment effect (start)
Foreseen end date
20 March 2009

Description

The Swedish furniture (manufacturer) giant Ikea has announced that it is to invest EUR 80m in opening a new store at Bayonne, deep in the south-west of France. 250 new jobs will be created in spring 2009. The group aims to attract around 1.5 million people that live in the region and currently have to travel to Ikea stores at Bordeaux, Toulouse or Bilbao. It has been proved that people in the area are more than happy to cross the France-Spain border to go furniture shopping.

Sources

  • 1 June 2006: Les Echos

Citation

Eurofound (2006), IKEA, Business expansion in France, factsheet number 63568, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/63568.