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IKEA to open 8 US stores amid $2.2B investment

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While the new IKEA locations are yet to be announced, the company plans to open stores in San Francisco and Arlington, Virginia, this summer, separate from Thursday’s announcement.

CONSHOHOCKEN, Pa. – Global furniture retailer IKEA is investing $2.2 billion to add 17 U.S. locations over the next three years, the Swedish-based company announced Thursday.

IKEA currently operates 51 stores – including two in Ohio – and two “plan and order” points in the U.S.

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IKEA Makes Biggest Ever Investment in U.S. With 17 New StoresThe furniture company is betting on strong U.S. demand for its flat-pack with more than a dozen new stores focused in southern states. They aren't betting on a strong US economy, they are betting people will be downshifting to less-expensive furnishings. Everyone expects at least some degree of recession and high inflation continues to erode our buying power. cheap crap They should make houses..
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