IKEA has announced the proposed closure of its Tottenham store as part of the retailer’s transformation plan in London.

If plans go ahead, 450 employees could risk losing their jobs.

But IKEA did say that as it enters a period of consultation with the impacted workers it is “committed to retaining as many as possible”.

It added that the company plans to create 600 new roles in London before the proposed store closure, which as a priority will be offered to those affected by the move.

“Taking care of our co-workers is our highest priority and we will lead with respect and compassion throughout the process,” said Peter Jelkeby, country retail manager and chief sustainability officer, IKEA UK & Ireland. “The decision to propose closing the Tottenham store has not been taken lightly but we believe it is the right thing to do for our customers and business as we strengthen our position for the future.

“We will do everything we can to support the co-workers affected and our hope is that as many as possible will continue their career journey with us.”

Last month the company opened a store in Hammersmith with an updated format as part of a new strategy whereby its shops are smaller and closer to where customers live, shop, and socialise.

Following the opening it announced that it would be investing £1 billion in the capital over the next three-years.

IKEA plans to open a new fulfilment centre in Dartford in December 2022 as part of plans to offer 24-hour deliveries in London.

In Autumn 2023, IKEA UK will open its much anticipated store on London’s Oxford Street.

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