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IKEA Concept Centre in Delft – the head office of Inter IKEA Systems B.V. which owns the IKEA trademark and concept The net profit of IKEA Group (which does not include Inter IKEA systems) in fiscal year 2009 (after paying franchise fees to Inter IKEA systems) was €2.538 billion on sales of €21.846 billion.
IKEA opened first store in India with 37,000 m 2 (400,000 sq ft) in Hyderabad on 9 August 2018. [106] IKEA opened its second store in Navi Mumbai on 18 December 2020, [107] and its third outlet and first smaller format "city-store" in Worli, Mumbai on 9 December 2021. [108] IKEA plans to have 30 stores by 2028.
In September 2019, IKEA announced plans to convert the former Sears into its third New York City location. [12] It opened on January 11, 2021. [13] [14] The IKEA store was severely damaged during Hurricane Ida in September 2021. [15] On October 26, 2022, it was announced that IKEA would be closing this location on December 3.
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The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
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