USA - Ingka Group, the largest Ikea retailer, recently announced an investment of more than EUR 2 billion (USD 2.2 billion) in omnichannel growth in the United States over the next three years.  Marking its largest investment in almost four decades of operating in the US.

The investment will bring Ikea closer to US customers both physically and digitally— making it easier and more convenient to shop. In the first phase, the company anticipates opening eight new stores and nine plan and order points, creating over 2,000 jobs. In addition, Ikea US has also announced new locations in San Francisco, California and Arlington, Virginia, set to open this summer.

The US investment push ties into Ingka Group’s continued focus on omnichannel growth and expansion across the world. In Spain the company is investing EUR 150 million in opening many new locations around the country by 2025. It is expanding substantially in the UK and London, where it will open a city store on Oxford Street – its second in the capital. In Austria, in just three years, the biggest Ikea retailer has increased the number of stores and planning studios from 8 to 45, making Ikea more accessible than ever before there.

Ingka Group will also explore new opportunities in clean energy, circularity and affordable housing around the US. As Ikea works toward its goal to be climate positive by 2030, it will increase solar and geothermal technology in locations whenever possible, transition to EV trucks to support fulfillment and delivery, and reduce waste.