HomeMy WebLinkAbout071414_IKEA press release marketing campaign
For immediate release, July 14, 2014
IKEA to replace its only Washington State store by building
a new updated store at its current location in Renton
Renton, WA, USA – In 1994, IKEA, the world's largest home furnishing retailer, opened its first franchise
in the United States here and today the store attracts nearly two million people annually. Now, plans
are in the works for a new and expanded 399,000-square-foot store on two levels and nearly 1,700
convenient parking places.
“With the store’s success and high awareness among consumers, we are excited for the chance to
build a new IKEA store from the ground-up, adjacent to the current store and on land we already own,”
said IKEA U.S. CFO Rob Olson. “A new store at this same location would allow cow orkers to offer
customers an updated and enhanced shopping experience.”
“IKEA has been a wonderful corporate partner since the day they opened their doors here,” said
Renton Mayor Denis Law. “IKEA, combined with Washington’s only Fry’s Electronics, the very
successful Landing shopping center and our unique downtown and neighborhood shops, has helped
make Renton a popular and emerging shopping and entertainment destination in the region.”
Renton is located in the center of the Puget Sound region, just 11 miles from downtown Seattle, eight
miles from Bellevue, and six miles from SeaTac International Airport.
“It’s exciting to see that hundreds of national and regional chains and independent local businesses
are calling Renton home,” Mayor Law said. “We’re quite a story and that’s why Renton is attracting lots
of interest by developers.”
The New IKEA Store
IKEA’s new store will be built in the current parking area, with the older store ultimately being
demolished to allow for more parking. Until the new, updated store opens as early as fall 2016,
customers can continue to shop at the existing Renton store.
A new, more spacious Seattle-area IKEA store would feature the full assortment of
nearly 10,000 exclusively designed items, 50 inspirational room-settings, three model home
interiors, a supervised children’s play area, and a larger restaurant for serving Swedish
specialties. Other family-friendly features include a “Children’s IKEA” area in the showroom, baby care
rooms, play areas throughout the store, and preferred parking.
With its new store IKEA expects to generate even more annual sales and property tax revenue for the
city and local schools
IKEA, drawing from its Swedish heritage and respect of nature, believes it can be a good business while
doing good business and aims to minimize impacts on the environment. Globally, IKEA evaluates
locations regularly for conservation opportunities and ways to integrate environmental measures and
sustainable practices. IKEA’s Renton store has installed electric vehicle charging stations and adopted
several conservation and recycling practices.
“There is no way we can appropriately thank IKEA for all they’ve done for Renton and our region,” said
Mayor Law, who noted that IKEA received the Washington State “Corporations for Communities
Award,” which honors exceptional businesses that make it a priority to help the community.
IKEA has sponsored Renton River Days for the past 16 years, donated $500,000 to the Performing Arts
Center, made significant contributions to Communities In Schools of Renton, Vision House and several
other local organizations.
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. T here are currently more than 350 IKEA stores in
44 countries, including 38 in the U.S. IKEA incorporates sustainability into day-to-day business and
supports initiatives that benefit children and the environment. For more information visit www.IKEA-
USA.com.
About Renton
Located, on the south shore of Lake Washington, Renton is centrally located in the heart of the vibrant
Puget Sound region. With a population of more than 95,000 people, Renton had Washington’s fastest
population increase in the last decade, with an unparalleled 82% growth. Renton is home of the world
champion Seattle Seahawks, the production location of the Boeing 737 MAX and PACCAR’s Kenworth
Trucks, Wizards of the Coast, the Federal Reserve Bank of Seattle and Washington’s only IKEA and Fry’s
Electronics stores. The Landing shopping center is more than 90% leased. For more information, visit
rentonwa.gov.
FOR FURTHER INFORMATION:
Cliff Long
Economic Development Director
Community & Economic Development Department
City of Renton
1055 South Grady Way, 6th Floor
Renton, WA 98057
Office: 425-430-6591
E-Mail: CLong@Rentonwa.gov