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Ikea adds four more stores to its 2026 US growth push

Global Swedish furniture retailer now plans 10 new locations for this year
Ikea’s growing U.S. fleet includes this store in Schaumburg, Illinois. (CoStar)
Ikea’s growing U.S. fleet includes this store in Schaumburg, Illinois. (CoStar)
CoStar News
February 18, 2026 | 9:25 P.M.

Global furniture retailer Ikea has bumped up the number of U.S. stores it plans to open this year, adding four more for a total of 10 locations.

The Swedish company — whose hallmark is selling affordable ready-to-assemble furniture in big-box stores — on Tuesday said it now will be opening new stores in Culver City, Los Angeles’ first city-center store; Tulsa, the first Ikea store in Oklahoma; Gurnee in the Chicago area; and Fort Collins, joining Ikea Centennial and Ikea Colorado Springs in Colorado.

Those four stores will be in addition to the six previously announced retail locations for this year. Those wil be in Huntsville, Alabama; University Park and Rockwall in the Dallas area; Phoenix; Chantilly, Virginia, in the Washington, D.C., region; and Webster, Texas.

Ikea’s future openings also include a store in Manhattan’s SoHo neighborhood. Last fall, Ingka Investments — the investment arm of Ikea’s parent, Ingka Group — bought the building that will house the new location at 529 Broadway for $213 million.

Ikea will occupy a former Conn’s HomePlus location in Huntsville, Alabama. (CoStar)
Ikea will occupy a former Conn’s HomePlus location in Huntsville, Alabama. (CoStar)

In 2023, Ikea, whose U.S. headquarters is in Conshohocken, Pennsylvania, announced it would invest $2.2 billion over the next three years to beef up its U.S. footprint, opening big-box stores, smaller studio locations and hundreds of smaller pickup sites. The chain, which released its 2025 annual summary this week, now operates 375 stores in 30 countries, including 54 retail locations in the U.S.

In Culver City, the Ikea is slated for the Helms Design District. The Tulsa store will take over a former Belk space in the Tulsa Hills Shopping Center. Around Chicago, a store will open at the Gurnee Mills regional mall. And in Fort Collins, the chain will open at the Front Range Village Shopping Center at a former Urban Air Adventure Park.

As for the previously announced 2026 store openings, the new Huntsville store is slated for University Place Shopping Centre in a space once occupied by Conn’s HomePlus, a chain that liquidated. In the Dallas area, the stores will be in University Park and Rockwall; in Virginia, the store will be in the Chantilly Shopping Center; and in Webster, Texas, the location will be in the Center at Baybrook.

The chain reported that in fiscal 2025 it rolled out 14 retail locations, including two new small-format stores in Arcadia, California, and San Marcos, Texas. In addition, it launched nine Plan & Order Points with integrated pickup services in markets such as Charlotte, North Carolina; Roseville, Minnesota; and Ontario and Colma, both in California.

Last year, Ikea registered growth despite a challenging external environment, including increased inflation and waning consumer confidence, according to Rob Olson, interim CEO of Ikea U.S.

“We strengthened our ability to serve customers through new store formats, digital innovation and expanded rewards, all while reinforcing our commitment to communities and the environment,” Olson said in a statement. “Looking ahead to FY26, we will build on this momentum, focusing on continued investment in the U.S. to make Ikea more affordable, accessible and sustainable.”

For last year, Ikea U.S. reported $5.3 billion in total sales, including $1.9 billion in e-commerce. The company welcomed nearly 61 million visitors to its stores and more than 457 million visitors online.

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