Major Retailer to Invest $2.2 Billion in US, Add Over 2,000 Jobs
IKEA announced on Thursday that it will invest more than $2.2 billion in the U.S. market over the next three years to further expand its omnichannel fulfillment network.
In a statement, Ingka Group, which owns most IKEA stores, said it plans to bring eight new big stores and add nine “plan and order points”—smaller stores where customers can get advice and order furniture for delivery—across the United States.
The expansion marks the ready-to-assemble furniture chain’s most significant investment in one country ever. The company opened its first U.S. store nearly four decades ago in the Philadelphia suburb of Plymouth Meeting….