JYSK's Bold Growth Strategy in Morocco
Exactly one year after inaugurating its first two stores in Casablanca, the Danish retailer JYSK has announced a robust expansion plan in Morocco. The company, which is part of the Lars Larsen Group, sees potential for establishing 70 stores across the kingdom within the next five years. Founded in 1979 in Aarhus, JYSK has grown to over 3,500 stores in 50 countries, marking Morocco as its first African market as of April 2025.
The initial stores, located in the Aeria Mall and Viva Park shopping centers in Casablanca, were soon followed by a third outlet in the Almaz district, also within the economic metropolis. According to Mikael Nielsen, Executive Vice President responsible for retail, customer service, and B2B at JYSK, the demand seen from day one has significantly exceeded management's expectations. He encapsulates the situation with a succinct statement: the company is unable to open new stores fast enough to meet the needs of Moroccan consumers.
Future Store Openings and Job Creation
Two new stores are already slated to open in the summer of 2026, with one in Tangier planned for June and another in the capital city, Rabat, scheduled for July. The company's goal over the next twelve months is to secure an additional eight to ten locations, with cities such as Fez and Marrakech also featured in their deployment plans. Currently, JYSK employs 60 individuals in Morocco and aims to increase its workforce as the network expands.
JYSK highlights several indicators to justify the acceleration of its expansion. The commercial results recorded in Morocco are among the best country launches in the history of the group, both in terms of revenue and customer footfall. Furthermore, the company notes that Morocco ranks within the top five globally in its internal employee satisfaction survey—a remarkable outcome in just the first year of operations. Mikael Nielsen characterizes Morocco as a dynamic, developing country, asserting that the growth trajectory of the local market justifies the aggressive pace of planned store openings.
This announcement comes during a record year for the Danish group, which reported a revenue of 46.3 billion Danish kroner for the 2024-2025 fiscal year, marking an increase of nearly 12% year-on-year. During the same period, JYSK opened 148 new stores worldwide and entered two new continents: Africa with Morocco and South America with Uruguay. The distribution center serving the Moroccan market is located in Cheste, near Valencia, Spain, where JYSK is also preparing to build a new logistics hub spanning 274,000 square meters, expected to be completed by 2027-2028.
As reported by ledesk.ma.