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.

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).

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...

PERU – Falabella has launched a comprehensive transformation plan for its Maestro Stores in Peru, as revealed in its 2023 Annual Report.

COLOMBIA – Ikea, the renowned Swedish multinational that specializes in furniture and home decor, has announced the launch of its second Colombian store.

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.

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.

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.

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).

NETHERLANDS – Ingka Group, the largest Ikea retailer worldwide, is expanding its EV charging networks, installing 1,000 new charging points in its stores in Germany by 2028 and 1,000 more in its stores in in Norway, Denmark, and Sweden by 2024.

USA – The Home Depot, the world’s largest home improvement retailer, is set to acquire SRS Distribution Inc., a leading provider in residential specialty trade distribution, in a deal worth approximately USD 18.25 billion.

COLOMBIA – A new store at Mallplaza in Cali, a COP 73 billion investment, represents Sodimac’s commitment to innovation and customer experience.