IKEA Submits Plans for a Store in Grand Prairie, Texas to Open Fall 2017 as 2nd Dallas-Fort Worth IKEA Store and 4th in State

CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–IKEA, the world’s leading home furnishings retailer, today announced it
is submitting plans to the City of Grand Prairie, Texas for the Swedish
company’s second Dallas-Fort Worth-area store and fourth in the state.
Pending approvals, construction of IKEA Grand Prairie could begin Summer
2016, with an opening in Fall 2017. Until then, customers can shop at
Collin County’s IKEA Frisco or online at IKEA-USA.com.
(The two other IKEA stores in Texas are located in Houston and Round
Rock.)

Located approximately 14 miles west of downtown Dallas and 18 miles east
of downtown Fort Worth, the 293,000-square-foot proposed IKEA Grand
Prairie and its 1,250 parking spaces would be built on 32 acres along
the eastern side of State Highway 161 and Mayfield Road, north of
Interstate-20. Store plans reflect the same unique architectural design
for which IKEA stores are known worldwide. IKEA also will evaluate
potential on-site power generation to complement its current U.S.
renewable energy presence at nearly 90% of its U.S. locations.

“We are thrilled with the reception afforded us after entering North
Texas more than 10 years ago, so we are excited to submit plans for IKEA
Grand Prairie to extend our Dallas-area reach,” said Lars Petersson,
IKEA U.S. president. “This proposed store would complement our Metroplex
presence established in Frisco and bring the unique family-friendly
shopping experience closer to customers in other parts of the
Dallas-Fort Worth area.”

IKEA Grand Prairie would feature nearly 10,000 exclusively designed
items, 50 inspirational room-settings, three model home interiors, a
supervised children’s play area, and a 350-seat restaurant serving
Swedish specialties such as meatballs with lingonberries and salmon
plates, as well as American dishes. Other family-friendly features
include a ‘Children’s IKEA’ area in the Showroom, baby care rooms, play
areas throughout the store, and preferred parking. In addition to the
more than 500 jobs that are expected to be created during the
construction phase, more than 300 coworkers would join the IKEA family
when the new store opens. IKEA Grand Prairie also would provide
significant annual sales and property tax revenue for local governments
and schools.

Drawing from its Swedish heritage and respect of nature, IKEA strives to
minimize its operations’ carbon emissions because reducing its
environmental impact makes good business sense. IKEA evaluates locations
regularly for conservation opportunities, integrates innovative
materials into product design, works to maintain sustainable resources,
and flat-packs goods for efficient distribution. U.S. sustainable
efforts include: recycling waste material; incorporating key measures
into buildings with energy-efficient HVAC and lighting systems, recycled
construction materials, warehouse skylights, and water-conserving
restrooms; and operationally, eliminating plastic bags from the
check-out process, phasing-out the sale of incandescent light bulbs,
facilitating recycling compact fluorescent bulbs, and sells only LED
bulbs. IKEA U.S. has installed electric vehicle charging stations at 13
locations, has solar arrays at 90% of its locations, and owns two wind
farms in the U.S.

Since its 1943 founding in Sweden, IKEA has offered home furnishings of
good design and function at low prices so the majority of people can
afford them. There are currently more than 370 IKEA stores in 47
countries, including 41 in the U.S. IKEA has been included in rankings
of “Best Companies to Work For” and, as further investment in its
coworkers, has raised its own minimum wage twice in two years. IKEA
incorporates sustainability into day-to-day business and supports
initiatives that benefit children and the environment. For more
information see IKEA-USA.com,
@IKEAUSANews,
@IKEAUSA
or IKEAUSA on Facebook,
YouTube,
Instagram
and Pinterest.

Contacts

IKEA
Joseph Roth, Expansion Public Affairs
(610)
834-0180, x 6500