IKEA is expanding again in Colorado, this time with plans to open a store in Fort Collins this year. The Swedish furniture and home goods retailer announced Tuesday that the new location will mark its third in the state.
A specific site has not been disclosed yet, nor has it been specified when construction will begin. But the Fort Collins store will join existing locations in Centennial and Colorado Springs, which introduced a smaller-format version of the brand in November.
The move is part of a larger push across the United States. IKEA said it intends to open additional stores in Chicago, Los Angeles, and Tulsa, Oklahoma, in 2026. Those projects build on six previously announced locations and bring the total number of new U.S. stores slated to open in 2026 to 10.
Those earlier sites include Huntsville, Alabama; University Park in Dallas; Phoenix; Rockwall, Texas; Chantilly and Dulles in the Washington, D.C. region; and Houston-Webster, Texas.
IKEA had previously intended to build a store in Broomfield on a 110-acre parcel of land on the northwest corner of the interchange between Interstate 25 and Colorado 7, also known as Baseline Road. Those plans were abandoned, and now UCHealth is set to buy that same land to build a new medical campus.
As part of the announcement, IKEA released its 2025 annual summary, highlighting key milestones in customer engagement, sustainable growth and community impact achieved between Sept. 1, 2024, and Aug. 31, 2025.
Despite challenging external factors, including rising inflation and declining consumer confidence, IKEA U.S. reported $5.3 billion in total sales in fiscal year 2025, including $1.9 billion in e-commerce revenue.
The company welcomed nearly 61 million visitors to its stores and more than 457 million visitors online. The IKEA Family Rewards program reached 25 million members in fiscal year 2025, a 17% increase from fiscal year 2024.
“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 Tuesday news release.
“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.”
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