Ikea is planning to open its first store in Midtown Manhattan — and its second location in the Big Apple — on the heels of its promise to cut prices of its goods in the US.

Ikea has arrived in Manhattan. But the Big Apple isn't getting a standard big blue box store. Instead, the global furniture giant will launch a planning studio on Monday. The studio will employ ...

(Bloomberg) -- Ingka Investments, the investment arm of the largest Ikea retailer, is taking a stake in a new tower going up on Manhattan’s Fifth Avenue. The business will own about 80,000 ...