SPAIN – According to Estacom, Spanish furniture exports decreased by 2.7% in the first quarter of 2024, reaching more than EUR 736 million.
IKEA Opened its Second Store in Colombia
COLOMBIA – Ikea recently opened its second Colombian store, reinforcing its commitment to the country and bringing affordable designs to Cali, Valle del Cauca.
Colombian Particleboard Imports Up in 1Q-2024
COLOMBIA – In the first quarter 2024 (1Q-2024), Colombian imports of particleboard (PB/MDP) were up by 11.1%, increasing from USD 36.02 million in 1Q-2023 to USD 40.01 million in the corresponding period of the current year.
B&Q Aims for 100% Responsibly Sourced Wood by 2024
United Kingdom – B&Q, the UK’s largest home improvement retailer, disclosed that it responsibly sourced 99.3% of its timber and paper products in 2023, with plans to reach 100% by 2024.
Peruvian Particleboard Imports Down in 1Q-2023
PERU – In the first quarter of 2024 (1Q-2024), imports of particleboard (PB/MDP) to Peru reached a total value of USD 32.11 million, representing a significant decrease of 21.4% compared to the same period in 2023 (USD 40.86 million).
Ikea Opens Its Tenth Store in Switzerland
SWITZERLAND - Ikea has inaugurated its tenth furniture store in Switzerland: The Riddes branch in Valais is the most modern Ikea store in Switzerland. With approximately 23,000 square meters of retail space spread across two floors, customers will discover a wide...
Falabella to Transition all Peruvian Maestro Stores to Sodimac
PERU – Falabella has launched a comprehensive transformation plan for its Maestro Stores in Peru, as revealed in its 2023 Annual Report.
Ikea Announces the Opening of Second Store in Colombia
COLOMBIA – Ikea, the renowned Swedish multinational that specializes in furniture and home decor, has announced the launch of its second Colombian store.
Ecuador Records 6.9% Fall in Particleboard Exports in 1Q-2024
ECUADOR – In the first quarter of 2024, Ecuador saw a 6.9% decline in its particleboard exports value, totaling USD 49.04 million, down from USD 52.70 million in the same period last year.
Ikea Opens its First Distribution Centre in Ireland
IRELAND – Ikea Ireland is celebrating the grand opening of its cutting-edge distribution center in Rathcoole, Co. Dublin, a key step in its expansion across Ireland.
Wayfair Announces Opening Date for Its First Large-Format Store
USA – Wayfair Inc. recently announced the grand opening of its inaugural large-format Wayfair store on May 23, 2024, at 10 a.m. Spanning nearly 14,000 square meters, the Wayfair store is situated in Edens Plaza in Wilmette, Illinois.
Ecuadorian Imports of Decor Paper Down 17.7% in 2M-2024
ECUADOR – The value of Ecuadorian imports of decorative papers for wood panel surfaces amounted to USD 5.60 million in the first two months of 2024 (2M-2024).