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IKEA to open 8 US stores amid $2.2B investment

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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 StoresIKEA 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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