Ikea is planning a $2.2 billion U.S. expansion that will add eight full stores and shore up the furniture chain’s logistics network, a move that will be the retailer’s largest U.S. expansion since the first store opened near Philadelphia 38 years ago.
Democracy Dies in Darkness
Eyeing frugal shoppers, Ikea bets on massive U.S. expansion
The furniture giant is planning a $2.2 billion investment that includes eight new stores
By Aaron Gregg
Updated April 20, 2023 at 4:21 p.m. EDT|Published April 20, 2023 at 9:37 a.m. EDT