NEW YORK (AP) The New York City-based furniture chain Ikea plans to expand into the United States with stores in the San Francisco Bay Area and in Houston.
Ikea, founded in Sweden in 1991, is based in Germany but has a strong presence in Sweden, Sweden, Switzerland, Norway and Norway.
Ikeas global headquarters are in the U.K. and Germany.
It has about 1,000 stores worldwide, and a total of more than 3,000 employees worldwide.
The company’s global headquarters will be located in the Bay Area.
The Bay Area is a hot market for Ikeas products, including mattresses, shelving, bedding, kitchenware and outdoor furniture.
IkeAks said it will also open stores in California and Washington state.
Ikea has already announced plans to open stores across the country by the end of the year.
The retailer said it has plans to hire more than 5,000 people by the middle of next year and expects to spend $50 billion to $55 billion on sales in the next three years.
Ikias stores will feature an array of popular items, including a range of furniture styles, from classic Ikea furniture and books to modern designs like Ikea shoes and Ikea bedding.
Ikels is a maker of Ikea products, such as the Ikea Bed and Slate, a bed with a double bed that can be folded and used as a single bed.
Other products will include a range from bookshelves to chairs and bedding and accessories.
“We see the market as being very similar to the U, Canada and Europe, where the brands are very popular,” Ikea President Peter Pohle said in a statement.
“The Bay area is very attractive to us, where there is a strong appetite for quality products.”
We are confident we can build a strong relationship with our customers and with the communities we serve.
“In a statement, Ikea said it was expanding its footprint in the United Kingdom, with new stores in Birmingham and Manchester, England.
It said it would also open a store in the UK in 2021.
Pohle expects Ikea’s sales to double by 2021.