IKEA

Swedish furniture major IKEA has recently announced its plans of setting up its maiden retail store in India. The company has purchased 13 acres land near the IT hub of Hyderabad for setting up this store, as per a...

Indian arm of Swedish furniture retailer Ikea AB, Ikea India, has signed an MoU with the Telangana government to launch its store in the state. Last year, this Swedish retailer has got official nod from the authorities on its proposed...

Switzerland-based swiss watchmaker Swatch has submitted a formal proposal to the commerce ministry for setting stores in India under the 100 percent FDI route following the footsteps of IKEA and H&M, reports a leading daily. Swatch earns annual sales...

The department of Industrial policy and promotion (DIPP) may do away with the 30 percent domestic sourcing clause for FDI in single brand retail leading to increased foreign direct investment inflows, according to a leading daily. Luxury retailers like...

Kickstarting the second day of ISCF 2014 was international expert, Christian Olofsson, President, Megabangna and Regional Business Head, Ikano Pte. Ltd. (IKEA’s franchisee in South East Asia), with a masterclass on "The Role of the Centre Management Team–What do...

Kickstarting the second day of ISCF 2014 was international expert, Christian Olofsson, President, Megabangna and Regional Business Head, Ikano Pte. Ltd. (IKEA’s franchisee in South East Asia), with a masterclass on "The Role of the Centre Management Team–What do...

What India wants – Malls or social spaces - Shopping Centre industry stalwarts to brainstorm on the future India's biggest shopping centre forum kickstarts on 7th may, 2014 The seventh edition of India Shopping Centre Forum, India’s only knowledge sharing...

 FDI In Retail – As It Happened India’s decision to allow foreign direct investment (FDI) in multi-brand retail towards the end of 2012 and its FDI policy modified in April 2013 put the country back on the retailing map of...

Understanding the customers’ mindset in terms of purpose and the size of the purse, and serving them accordingly is the key to successful retailing. Market and consumer segmentation is as clichéd a management concept as it can get, but I...

Good news for home decorators: Fans of IKEA's ready-to-assemble furniture can expect lower prices in the near future. The company said it is dropping prices by 2% to 3% this year, and anticipates similar price cuts next year, across...