For 20 years Arizona had 1 IKEA. Now there will be 3. What to know
Swedish furniture and home goods giant IKEA announced plans to open a third Valley location, this one in Phoenix, on May 7, the same day it opened a new-look IKEA in Scottsdale.
The store, which will be a smaller format than a traditional IKEA store, is planned to open early next year, the company announced.
'We are thrilled to offer Phoenix metro area residents more ways to shop and experience IKEA.' Javier Quiñones, CEO & chief sustainability officer for IKEA U.S., said in a statement. 'These new locations highlight our commitment to bring IKEA closer to the many people and make it easier and more affordable to access our home furnishing products and solutions.'
It will be in the Village Square II shopping center at Cactus Road and Tatum Boulevard. It is across the street from the former Paradise Valley Mall, now called PV, which is in the middle of a major redevelopment.
The store is one level and covers approximately 75,000 square feet. It will offer customers access to over 23,000 items, primarily consisting of home furnishing accessories and about 75 small furniture items. The store will also have a new Swedish Deli concept, offering a variety of hot and cold food to eat on site or take home. This includes meatballs, plant balls, hot dogs, veggie dogs, plant dogs and cinnamon buns.
IKEA opened its second Arizona location, a small-format store at the Scottsdale Promenade, on May 7, the same day it announced plans for the Phoenix store.
The Scottsdale location is a small format 'plan and order point' where customers can browse the showroom and talk to employees about their plans for their homes, and order items. There is no stock at the studio, all the items are ordered.
There is a full-format IKEA store on West IKEA Way in Tempe, near Interstate 10 and Warner Road. It opened in 2004.
In 2017, IKEA announced plans to open a full-size store in Glendale, but that never came to fruition and the company canceled plans for the location in 2018. The site IKEA had eyed is now the site where VAI Resort is under construction, near Loop 101 and Cardinals Way.
Reach the reporter at cvanek@arizonarepublic.com. Follow her on X, formerly Twitter @CorinaVanek.
This article originally appeared on Arizona Republic: Arizona will soon have 3 IKEA stores: in Tempe, Scottdale and Phoenix
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
Noodles & Company reports minor revenue dip in Q2 2025
US-based fast-casual chain Noodles & Company has announced a slight decline in total revenue, reported to be $126.4m, in the second quarter (Q2) ended 1 July 2025. This is 0.7% down from the $127.4m recorded in the same quarter of the previous year. The chain reported a net loss of $17.6m - a $0.38 loss per diluted share - against a net loss of $13.6m, or $0.30 loss per diluted share in Q2 2024. Despite the dip in revenue, the chain saw 1.5% system-wide comparable restaurant sales growth with both company-owned and franchise restaurants contributing to the increase. The operating margin for the quarter was reported at 11.7%, compared to 9% in the previous year's Q2. The restaurant contribution margin also saw a decrease to 12.8% from 15.5%. Adjusted earnings before interest, taxation, depreciation and amortisation were $6m, down from $9.2m in the comparable quarter of 2024. During the quarter, the chain opened a new company-owned restaurant, closed six locations and saw the closure of two franchise restaurants. As of 1 July 2025, Noodles & Company had $2.3m in cash and cash equivalents, with outstanding debt of $108.3m. It has revised its full-year guidance for fiscal 2025, anticipating total revenue to be between $487m and $495m, along with a comparable restaurant sales growth of between 2.5% and 4%. Restaurant-level contribution margins are projected to range from 11.8% to 12.6%, with general and administrative expenses estimated between $48m and $50m. The company also expects to incur depreciation and amortisation costs of $27m to $29m, net interest expenses of $10.5m to $11.5m, and capital expenditures of $12 million to $13m. The forecast includes the opening of two new company-owned restaurants and the closure of between 28 and 32 company-owned restaurants. The chain operates 450 restaurants and employs 7,000. It recently announced a leadership transition, with Joseph D Christina to assume the role of president and CEO on 31 August 2025. Outgoing CEO Drew Madsen stated: "Our sales and traffic moderated after the initial successful rollout of our new menu due to the strong value-conscious climate as well as slower guest adoption of the upgrades made to some of our historic menu items. 'Our new Delicious Duos value-focused platform, which launched at the beginning of August, is off to a great start. Comparable restaurant sales have increased to an average of positive 5% over the past two weeks, demonstrating that our value-focused initiatives are resonating with guests." "Noodles & Company reports minor revenue dip in Q2 2025" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
20 minutes ago
- Yahoo
Frequent Travelers Drive High-Value Opportunities in the US
New LoopMe consumer data offers insights into travel planning, preferences, and booking behaviors NEW YORK, August 14, 2025--(BUSINESS WIRE)--New research from LoopMe, the global leader in brand performance, reveals that while a majority of Americans book only one or two trips per year, there is a high-value segment of frequent travelers emerging. These consumers are between the ages of 18-24 years old and are likely to book up to seven trips a year, indicating a growing opportunity for brands to build long-term loyalty with younger consumers who are more likely to travel and spend. The report also revealed that domestic travel remains the most popular type of trip booked (39%), followed by nearby weekend getaways (23%) and international travel (17%). Cruises (15%) and theme parks (12%) have also been listed as popular destinations for Americans. International travelers (50%) and cruise-goers (48%) are also more likely to travel up to three times per year, creating an opportunity for brands and marketers to explore. When booking travel, 22% of US consumers use direct websites or online travel agencies (21%); however, other routes used include: Travel agency - 11% Credit card portals - 5% Employer travel portal - 4% Additional key insights from LoopMe's analysis include Frequent travelers spend big: Frequent travelers are more than twice as likely to spend at least $3000 per person on each trip Most Americans book travel for leisure and family visits: Top travel purposes include leisure (29%), family visits (24%), and group travel (7%). "While most Americans travel occasionally, the real opportunity lies with frequent travelers to build long-term loyalty and growth", said Brian Bell, GM North America at LoopMe. "As the travel landscape continues to evolve, brands have the perfect opportunity to reach emerging, high-value audiences and drive ROI in order to stay ahead in an increasingly competitive space." Methodology LoopMe surveyed 6,409 US consumers between 27-31 January 2025 to gauge travel habits, preferences, and motivations. About LoopMe LoopMe is the global leader in brand performance, redefining brand advertising for the digital and app ecosystem. LoopMe was the first to apply AI to brand advertising and its Intelligent Marketplace, finding solutions to industry challenges that haven't previously been solved. With consumer insights and AI at its core, LoopMe makes brand advertising better, outperforming industry benchmarks for leading global brands. Our vision is to change advertising for the better, by building technology that will redefine brand advertising. LoopMe was founded in 2012 and is headquartered in the UK, with global offices across New York, Boston, Atlanta, Chicago, Detroit, San Francisco, Los Angeles, Toronto, Singapore, Sydney, Melbourne, Dnipro, Krakow, Beijing, Shanghai and Hong Kong. For more information, please visit View source version on Contacts loopme@ Sign in to access your portfolio
Yahoo
20 minutes ago
- Yahoo
XRP stays flat as Bitcoin overtakes Google
XRP stays flat as Bitcoin overtakes Google originally appeared on TheStreet. Bitcoin's relentless climb pushed it to a fresh all-time high late Wednesday, briefly topping $124,450 and overtaking Google parent Alphabet's market capitalization before easing slightly. BTC overtook Google to become the fifth largest asset globally, hitting a $2.456 trillion market cap. The world's largest cryptocurrency now sits firmly above the $120,000 support level, cementing its position as the fifth-largest asset globally. The milestone, achieved during a late-night trading frenzy, was enough to trigger a wave of optimism among bulls. The move confirmed Bitcoin's strong institutional demand, with pension funds, ETFs, and large-cap investors driving unprecedented buying pressure. Ethereum followed suit, holding above $4,750, while Solana, Cardano, and Dogecoin all booked double-digit gains over the week. But one top-10 coin missed the rally entirely, XRP. Despite the sea of green across the crypto leaderboard, XRP stayed locked near $3.24 — virtually unchanged on the day — leaving traders scratching their heads. Data from Coinglass shows that more than $450 million worth of leveraged positions were liquidated in the past 24 hours, with the majority coming from short sellers who bet against Bitcoin's record-breaking run. With Bitcoin's valuation now over $2.4 trillion, traders are already eyeing the next prize, Apple's $3.462 trillion market cap. XRP stays flat as Bitcoin overtakes Google first appeared on TheStreet on Aug 14, 2025 This story was originally reported by TheStreet on Aug 14, 2025, where it first appeared. Inicia sesión para acceder a tu cartera de valores