IKEA India
Home Decor & Furnishing
IKEA India’s revenue for FY22 jumps 73% even as losses widens 12% to Rs 900 crore
IKEA is in an investment phase in India and parent Ingka Group had in September infused Rs 600 cr into the India subsidiary
New Delhi: IKEA India Pvt Ltd reported its net loss widened 12% to Rs 901 crore for the...
Retail
How the retail sector is reimagining talent transformation for the future
The pandemic has reshaped the way Learning & Development, and training are being valued and delivered in organisations. As businesses continue to grapple with the ripple effects of last year, Leadership & Organization Development (L&OD) teams have to work...
Big Grid
IKEA to open first India Mall in NOIDA
The UP government on Friday allotted 12.3 acres in the city to IKEA for what will be the Swedish furniture giant’s first ‘meeting place’ venture in India – a shopping, entertainment and business centre revolving around the flagship IKEA store.
The plot...
Big Grid
Technology & data help retail industry formulate the next step in the CX journey
Over the last few months, the Coronavirus pandemic has led to an unparalleled shift in the way both retailers and consumers view and utilise technology. Over the last few months, we have seen how digital technology has firmly established...
Home Decor & Furnishing
IKEA focuses on stronger omnichannel play, local sourcing in COVID era
What the world has gone through during last few months was completely unprecedented. As a purpose-led company, during this time IKEA focused on safety and security of their people, building digital capabilities, meeting customers in new ways as the...
Home Decor & Furnishing
IKEA opens 2nd Indian store in Navi Mumbai, plans Rs 6k cr investment and 6000 jobs in Maharashtra
Swedish furniture giant IKEA welcomed the first customer at its second store in India, which was opened at Turbhe in Navi Mumbai on Friday.
Spread across 5.30 lakh square feet, the store will permit only pre-registered customers up to 2,500...
Home Decor & Furnishing
IKEA India on expansion spree, to launch biggest outlet in Noida, a second store in Navi Mumbai
World's leading home furnishings retailer Ikea will open its second store in the country at Navi Mumbai on Dec. 18. The over five lakh sq. ft. store would be the second store for Ikea in India after Hyderabad, where...
Who’s Who
Henrik Österström, Country Food Manager, IKEA India
Henrik Österström with his team is responsible for introducing Swedish food in the Indian market, while keeping in mind a mix of local Indian traditions and Swedish food experience, thereby creating a “Swedish feel – Indian appeal”. One of...
Retail
India Inc reacts to easing of local sourcing norms in single brand retail
Finance Minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi Government in its second term.
She announced that FDI inflows into India have remained robust despite global headwinds.
“Global FDI flows slid by 13 percent...
Retail
Retail Education: Training employees for greater success, productivity
The Indian retail industry is very vast and is considered to be a platform which has employment for all. Be it the educated, barely educated or the uneducated, the skilled or the unskilled, labours or managers, everyone can find...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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