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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