According to Lithuanian portal ru.delfi.lt, IKEA will close a 31,000-square-meter store in Sweden’s Borlänge, opened in 2013. This is the first such case since 1983.
The company explains the decision by the need to adapt to the changed customer behavior, as about 20% of sales are now online.
The store now employs about 230 people, some of whom may be transferred to a new, smaller store nearby, but the fate of many employees remains uncertain.
At the same time, the company says it has no plans for new closures.
Ikea is planning to cut 945 jobs, mostly in Sweden, amid a more than 30% drop in profits.
At the same time, the company has opened two small stores in the last two years in the Baltic States. In Lithuania (Klaipeda) and in Estonia (Pärnu).
Until mid-2026, IKEA will invest a total of four million euros in the Baltic States to modernize its outlets as well as to improve its e-commerce solutions and digital services.
