Leiden, Netherlands — Ingka Group has announced plans to invest $2.2 billion over the course of the next 3 years on new IKEA retail locations and omnichannel growth across the United States. The Leiden, Netherlands-based company is the largest owner of IKEA stores globally, representing more than 90% of IKEA retail sales with more than 370 stores and 100 home décor planning studios open across 31 countries. The initial phase of investment will include opening eight stores in IKEA’s traditional format and nine “Plan and Order” points, which are smaller …
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London — IKEA has purchased a West London shopping center, Kings Mall Shopping Centre in Hammersmith, where it will also debut its first UK small format store in spring 2021. The £170 million acquisition is part of IKEA’s strategy to develop mixed-use sites around urban stores. When it opens in 2021, the new Kings Mall store will mark the sixth London-area location for IKEA. Most recently, IKEA opened in the city in Greenwich last year. IKEA also launched two London planning studios in 2019 under its plan to develop new …
Conshohocken, Pa. — IKEA U.S. is opening its first city center store in the U.S., marking the company’s ongoing transformation and commitment to bringing IKEA into the heart of urban areas. The ‘IKEA Planning Studio’ is scheduled to open in Manhattan in spring 2019.
Burlington, Ontario — The highly anticipated IKEA Halifax store opened on September 27, 2017 in Dartmouth, Nova Scotia, near Halifax. The 330,000-square-foot store is the 13th IKEA store in Canada and the first in IKEA Canada’s coast-to-coast expansion; the retailer will open 11 additional stores by 2025, doubling its footprint in Canada.
Burlington, Ontario (Canada) — IKEA Canada has signed agreements to acquire an 88MW wind farm located near Drumheller, Alberta. Consisting of 55 turbines, the Wintering Hills wind farm will generate 275 million kWh (kilowatt hours) of energy, the equivalent to the electricity consumption of 54 IKEA stores.
Burbank, Calif. — IKEA’s relocated Los Angeles-area store within Burbank will open on February 8, 2017. Prior to the grand opening of the new, larger IKEA Burbank, customers can continue to shop at the original Burbank store through February 4, when the old store will close permanently.
Jacksonville, Fla. — IKEA has officially broken ground on its fifth Florida store. Until the future IKEA Jacksonville opens in fall 2017, customers can shop at IKEA Orlando and IKEA Tampa. Two other IKEA stores are located in the South Florida cities of Sunrise and Sweetwater.
Burlington, Ontario (Canada) — IKEA Canada is planning a full-size store for Quebec City. Scheduled to open in summer 2018, the IKEA Quebec City store will be the 14th IKEA store in Canada. The store will take roughly 14-16 months to build once the ground has been broken in spring 2017 and will be approximately 340,000 square feet in size.