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April 25, 2023

IKEA retail announces biggest ever investment in US

Ikea is investing more than $2 billion in the U.S. for growth over the next three years. The furniture retailer says the money will go toward opening new stores and creating new fulfillment networks. It marks the largest ever U.S. investment from Ikea, and the company’s largest investment in a single country. Ikea plans a variety of store formats The retailer says it will open eight new stores in the next three years, along with nine locations of its “plan and order” format. These locations are smaller than the retailer’s iconic warehouse, dedicated ...

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