Q COSTARICA — Inter IKEA Systems B.V. confirmed the signing of franchise agreements with Sarton Group for Costa Rica and Panama.
IKEA also emphasized that this action seeks to strengthen its presence in the Americas and improve accessibility to its products in new regional markets.
“We are pleased to invite Panama and Costa Rica to become part of the IKEA family,” said Maria Johansson, Expansion Manager.
Johansson also stated that the agreement reinforces “the company’s long-term commitment, investment in the Americas, and the building of relationships with customers and suppliers.”
For his part, Tony Tavira, Retail Manager for Sarton Group, noted that this expansion “is incredibly exciting and important for our relationship with IKEA.”
Tavira also emphasized that their experience in the Dominican Republic and Puerto Rico has allowed them to “better understand the wants and needs in the region.”
For her part, Laura López, general manager of the Costa Rican Foreign Trade Promotion Agency (Procomer), stated:
“IKEA’s arrival in Costa Rica is part of our efforts to attract projects that diversify our investment mix and generate opportunities for the national productive sector. At PROCOMER, we have worked closely to facilitate this process, convinced that initiatives like this can boost the economy, expand consumer offerings, and strengthen Costa Rica’s ties with global brands. We will continue to promote investments that contribute to sustainable development and the growth of new opportunities for the country.”
Currently, IKEA has 486 stores in 63 markets, combined with e-commerce and order collection points around the world.
IKEA reported more details on the exact opening times for stores in Panama and Costa Rica will be provided later.
IKEA is a multinational conglomerate founded in Sweden that designs and sells ready-to-assemble furniture, household goods, and various related services, started in 1943 by Ingvar Kamprad, and has been the world’s largest furniture retailer since 2008.
The brand name is an acronym of founder Ingvar Kamprad’s initials; Elmtaryd, the family farm where Kamprad was born; and the nearby village of Agunnaryd, Kamprad’s hometown in Småland, southern Sweden.
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