Ikea plans to open even more new stores this year. On Wednesday, the Swedish furniture retailer released its 2025 Annual Summary, which included plans to open four new locations. Ikea previously announced plans to open six new stores, bringing the new total for openings slated in 2026 to 10.
The latest batch of locations includes stores in Chicago, Fort Collins, Los Angeles, and Tulsa. The six previously announced Ikea locations include: Huntsville, Alabama; University Park in Dallas; Phoenix; Rockwall in Dallas; the Chantilly/Dulles area in the Washington region; and Houston-Webster, Texas.
Per the announcement, Ikea had a successful 2025, despite a challenging economic environment. The company reported $5.3 billion in total sales and said it saw foot traffic from more than 61 million people. It opened 14 new locations and its Ikea Family Rewards program reached 25 million members—a 17% increase from the previous year.
“FY25 was a year of meaningful connection and growth despite a challenging external environment. 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,” said Rob Olson, Interim CEO of Ikea U.S., in the announcement.
Olson continued, “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 the state of Oklahoma, the Tulsa location will be its first-ever Ikea. It comes after a campaign called Tulsa Loves Ikea championed the idea. On social media, dozens of Tulsa residents couldn’t contain their excitement when commenting on a post about the opening. One local wrote, “I can’t wait to go play house inside ikea!” Another commented, “The way I’m jumping up and down at work right now… so exciting!”
Last year, Ikea’s new CEO Juvencio Maeztu spoke to Fast Company on why the chain is committed to keeping prices low, citing inflation and high costs of living. Maeztu also credited “the need to socialize” as to why Ikea stores still draw customers while other chains are collapsing.
“People still have the need to go out,” Maeztu said. “That’s why it’s important that we call it a meeting place—not necessarily a shopping center—and when you visit our meeting place it’s a way to connect with the communities . . . to create traffic with engagement and food and events.”