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Ikea Announces $2.2 Billion Expansion Plans in the U.S. Over Next Three Years

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Overview

  • Ikea will invest over $2.2 billion to expand new store models and pickup locations, improving accessibility while keeping products affordable.
  • Ikea plans to open 17 new locations across the U.S., creating over 2,000 new jobs.
  • Eight new stores and nine “Plan & Order” locations will open.
  • Nine hundred new Pick-up locations will open and existing stores will be modernized.
  • Ikea’s investment will fund continued efforts to modernize existing stores, improve energy efficiency, install solar panels, and develop electric vehicle fleets.