From the meatballs in its cafes to its winding maze of furnishings on the main floor, Ikea built a connection with American consumers by offering a shopping experience, not just a store.
Now, after years of growth in the U.S., the furniture retailer founded in Sweden appears to finally be pulling back. Ikea scrapped plans to open new stores in Nashville; Cary, N.C.; and Glendale, Ariz. It appears that Ikea is shifting resources to improving its online sales, rather than in new stores.. . . more