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IKEA’s attempt to change a street name in Cordova ‘could cause a little chaos’

By , Daily Memphian Published: July 08, 2026 12:53 PM CT

IKEA Way — where IKEA’s recently-closed Memphis store was located — could change back to its original name: Market Plaza Drive.

And the impact may be greater than just replacing a couple of street signs.

The Swedish home goods store closed its Memphis location May 3, citing changes in market share, business performance, cost structure and overall asset optimization.

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IKEA Memphis Lindsay Kennan Ikea Way Hilton Garden Inn Cordova Nashcards Cordova Subscriber Only

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Noah McLane

Noah McLane

Noah McLane reports on business for The Daily Memphian. He was born and raised in Tennessee and attended journalism school at Middle Tennessee State University, where his passion for community-focused storytelling blossomed.

Prior to writing for the business section, Noah was the editor-in-chief of his college newspaper, worked on general assignment for the Jackson Hole News & Guide in Jackson, Wyoming, and was most recently the statehouse reporter for The Daily Memphian.


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