Ikea’s U.S. expansion to bring it to another new market

Ikea’s U.S. expansion to bring it to another new market



Ikea is looking to open its first store in the state of Indiana.



The home furnishings giant is submitting plans to the City of Fishers, Indiana, to open a 296,000-sq.-ft. store 15 miles northwest of downtown Indianapolis.



Pending approvals, construction of the new Ikea could begin as early as summer 2016, with an opening in fall 2017.



The retailer will evaluate potential on-site power generation to complement its current U.S. renewable energy presence at nearly 90% of its U.S. locations.



“We are excited at the prospect of growing our Midwest presence with an Indianapolis-area store,” said Ikea U.S. president Lars Petersson. “A location in this retail corridor would provide our already 184,000 Indianapolis-area customers their own store and would introduce the unique Ikea hopping experience to other consumers throughout Indiana.”