Market Overview

IKEA Expands Distribution Network with New Customer Fulfillment Center in Lakeland, Fl

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IKEA, the world's leading home furnishings retailer, today announced
that it has leased additional warehouse space in Lakeland, FL to serve
as a Customer Distribution Center supporting the Tampa, Orlando and
Miami markets. This facility will also fulfill parcel orders for the
entire U.S. Southeast and will strengthen the company's existing network
of nine regional distribution centers while supporting its 48 stores in
the U.S.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180808005082/en/

IKEA Expands Distribution Network with New Customer Fulfillment Center in Lakeland, FL. (Photo: Busi ...

IKEA Expands Distribution Network with New Customer Fulfillment Center in Lakeland, FL. (Photo: Business Wire)

"As we grow our e-commerce presence, we want to provide our customers
with shorter lead times and a higher-quality experience when shopping at
IKEA," said Lars Petersson, IKEA U.S. president. "The new distribution
center in Lakeland provides opportunity to optimize customer
accessibility in the Southeast and allows us to continue meeting the
home furnishing needs of our customers."

The IKEA Customer Distribution Center in Lakeland is currently planned
to open in early 2019 and will comprise of 326,000 square feet of leased
space off Allen K. Breed Highway, 28 miles from downtown Tampa. This
project represents the sixth IKEA location in the state of Florida and
is expected to bring 200 jobs to the Tampa-area.

The fulfillment center will focus on delivering items to customers who
order products online. The site will be operated by DHL Supply Chain, a
leader in contract logistics and a division of Deutsche Post DHL Group.

With nearly 1,000 suppliers in 50 countries, IKEA traditionally
transports products globally to its stores through regional distribution
centers. This customer distribution center and others in the future will
augment the current U.S. distribution strategy and enhance IKEA's
ability to ensure product availability for customers shopping in-store
or online.

About IKEA

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 419 IKEA stores in 49 countries,
including 48 in the U.S. IKEA has been included in rankings of "Best
Companies to Work For" and strives to be an employer of choice. IKEA
incorporates sustainability into day-to-day business and supports
initiatives that benefit children and the environment. For more
information see IKEA-USA.com,
@IKEAUSA,
@IKEAUSANews,
or IKEAUSA on Facebook,
YouTube,
Instagram
and Pinterest.

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