IKEA Opens Expansive Store in Madinah, Aiming for Regional Growth

In a significant milestone for the Swedish furniture retailer, IKEA, and its partner Alsulaiman Group, a new store has opened in Madinah, Saudi Arabia. The opening forms part of an ambitious plan to deepen IKEA's footprint in the Middle East, particularly within Saudi Arabia. The Madinah store, spanning over 18,000 square meters, is strategically located on Qassim Road near the Haramain High-Speed Rail station, enhancing accessibility for a growing customer base in the region.

This new branch is not just another retail outlet; it represents IKEA’s intent to align with Saudi Vision 2030 by increasing local investments, job creation, and boosting infrastructure to meet the needs of a dynamic and youthful population. Designed with a customer-centric approach, the store integrates sustainable architecture and efficient logistics, resonating with Saudi Arabia’s sustainability goals. To further align with the nation’s economic diversification agenda, the store incorporates localized services and product selections tailored to suit local tastes and cultural preferences.

As part of the Alsulaiman Group’s portfolio, this new IKEA store underscores the group’s commitment to expanding its retail footprint across Saudi Arabia. Alsulaiman Group, IKEA's franchise operator in Saudi Arabia, has already invested significantly in other key sectors such as technology, logistics, and real estate to bolster its influence across the retail industry. The Madinah store is part of an accelerated expansion strategy, with plans for additional stores in under-served regions across the Kingdom to meet the demand for IKEA’s affordable and stylish home furnishings.