Content about Economy of Sweden

July 14, 2014

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Until then, customers will have to shop at the closest locations in Covina, California; Tempe, Arizona, or Draper, Utah; or online at IKEA-USA.com.

June 25, 2014

With company representatives, Missouri Secretary of State Jason Kander, St. Louis Mayor Francis Slay, local officials and community leaders on hand, Ikea officially broke ground for its future St. Louis store scheduled to open fall 2015.

With company representatives, Missouri Secretary of State Jason Kander, St. Louis Mayor Francis Slay, local officials and community leaders on hand, Ikea officially broke ground for its future St. Louis store scheduled to open fall 2015.

The 380,000-sq.-ft. location with 1,300 parking spaces will be built along the northern side of Interstate-64 and Vandeventer Ave. on nearly 21 acres in the City’s Cortex Innovation District. The company has contracted with St. Louis-based S. M. Wilson & Co. to construct the project.

March 19, 2014

Ikea wants to expand the warehouse of its Detroit-area store in Canton, Mich. As a result, Ikea Canton, which opened June 2006 at 311,000 sq. ft., would grow to approximately 355,000 sq. ft. Initial utility work would begin this summer with actual construction starting in autumn. The store would remain open and operational during construction, maintaining its full product offering throughout the project’s completion in spring 2015.

Ikea wants to expand the warehouse of its Detroit-area store in Canton, Mich. As a result, Ikea Canton, which opened June 2006 at 311,000 sq. ft., would grow to approximately 355,000 sq. ft. Initial utility work would begin this summer with actual construction starting in autumn. The store would remain open and operational during construction, maintaining its full product offering throughout the project’s completion in spring 2015.

July 2, 2013

Ikea has extended its partnership with ECOtality, a clean electric transportation and storage technologies company, and plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States.

CONSHOHOCKEN, Pa. — Leading home furnishings retailer Ikea has extended its partnership with ECOtality, a clean electric transportation and storage technologies company, and plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States.

January 23, 2013

Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture.

CONSHOHOCKEN, Pa.  — Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture. Comparable-store sales were up 8% at its U.S. stores.

December 18, 2012

Ikea has received the green light from Merriam’s city council to go ahead with its Kansas City-area store.

CONSHOHOCKEN, Pa. — Ikea has received the green light from Merriam’s city council to go ahead with its Kansas City-area store.

Pending the land purchase, permits and demolition of on-site buildings, construction of Ikea Merriam can begin summer 2013, with the store opening fall 2014.