IKEA announces $2.2 billion investment to reach more consumers in the U.S.

Most consumers know IKEA for their giant stores, cafeteria snacks, and furniture that can be difficult to put together.

Now, the Swedish company will invest $2.2 billion into generating more business in the United States – the biggest investment since it started operating in the U.S. nearly 40 years ago. The goal of the investment is to make it easier for shoppers in the U.S. to get deliveries from IKEA, open more stores across the country, and offer home decor and goods at a price point that’s friendly for more customers.

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