US EditionPublished • loading... • Updated
Ikea Announces Plans to Open 10 New Locations
Ikea will open 10 new U.S. stores in 2026, including first locations in Los Angeles city center and Oklahoma, leveraging a $2.2 billion investment for omnichannel growth.
- On Tuesday, Ikea U.S. announced it will open 10 stores in 2026, including its first city-center store in Los Angeles and its first location in Oklahoma.
- Ikea is modernizing its U.S. footprint by expanding smaller-format locations like its recently opened Colorado Springs store and leveraging a $2.2 billion investment for FY2026 omnichannel growth.
- The company added 14 new U.S. stores last year and piloted a Best Buy shop‑in‑shop partnership, while Ikea U.S. reported fiscal 2025 sales dropped about 4.3% to about $5.3 billion.
- Earlier this month, Ikea U.S. announced it will close its Memphis, Tennessee, store effective May 3 amid a slight decline in store visitors but a 4% increase in online store visits and expanded order fulfillment.
- Looking ahead to FY26, IKEA, the world's largest furniture retailer operating in more than 30 countries, said FY25 showed growth despite challenges.
Insights by Ground AI
13 Articles
13 Articles
IKEA to open new store in Fort Collins in 2026
FORT COLLINS, Colo. IKEA announced Tuesday that Fort Collins will be among 10 new U.S. store locations opening in 2026.IKEA has not revealed the exact location or a construction timeline.The company has been wanting to open more locations in the Centennial State for more than a decade.It recently opened a smaller-format store in Colorado Springs, and in 2017, the Swedish furniture retailer announced plans to open a 400,000-square-foot store in …
Coverage Details
Total News Sources13
Leaning Left2Leaning Right0Center8Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
Factuality
To view factuality data please Upgrade to Premium
