Ikea to close three small-format plan-and-order stores in US
· Retail & E-commerce · United States
Ikea is shuttering three small-format plan and order stores in Washington, D.C., Virginia and Maryland, one of which opened less than a year ago. The retailer says it is reevaluating its store footprint.
Why it matters:The closures affect Ikea, its customers, and retail workers, and test whether small-format stores can succeed for big-box retailers in urban areas.
Key points
- Affected locations are in Washington, D.C., Virginia and Maryland.
- One of the three stores opened less than a year ago.
- Ikea is reassessing its overall store footprint.
Sources (original reporting)
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