IKEA doubles down on cities

IKEA announced plans to open 10 new U.S. stores in 2026 — prioritizing smaller‑format locations and 'plan‑and‑order' pickup points tailored for dense urban neighborhoods. The expansion comes alongside HQ streamlining as the retailer leans into sustainability and urban accessibility amid softer demand. (financebuzz.com) (internetretailing.net)

IKEA’s February FY25 release named four newly revealed 2026 openings — Culver City (Los Angeles’ first city‑center store), Tulsa (IKEA’s first Oklahoma location), Gurnee Mills (Chicago area) and Fort Collins — and listed six earlier announced sites bringing the 2026 total to 10. (ikea.com) IKEA U.S. reported $5.3 billion in FY25 sales and $1.9 billion in ecommerce, while welcoming nearly 61 million in‑store visitors and about 457 million online visits during the September 1, 2024–August 31, 2025 fiscal year. (ikea.com) The FY25 rollout included 14 new U.S. locations, among them two small‑format stores in Arcadia, CA and San Marcos, TX, plus nine Plan & Order Points with integrated pickup in markets such as Charlotte, NC; Roseville, MN; Ontario, CA and Colma, CA. (ikea.com) Parent company Ingka Group told staff it will cut roughly 800 office‑based roles as part of a headquarters streamlining under CEO Juvencio Maeztu, while promoting Cindy Andersen (deputy CEO & CFO), Javier Quinones (commercial) and Emily Birkin (business development & transformation) to reshape decision‑making. (internetretailing.net) IKEA U.S. has also adjusted its footprint: the company announced the Memphis store will close effective May 3, 2026, as FY25 U.S. sales fell about 4.3% year‑over‑year and the business said it will continue a $2.2 billion investment in omnichannel growth for FY26. (retaildive.com) Operational shifts include ramping up fulfillment and low‑emission deliveries — IKEA reported increasing zero‑emission deliveries and investing in automation, drone trials and a new delivery management platform as part of its broader expansion and efficiency push. (retail-insight-network.com)

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