IKEA

Consumer spends took a major hit in 2019, both in terms of purchase volumes and ticket sizes. Inevitably, overall retail leasing activity reduced drastically by as much as 35 percent in the top 7 cities alone. Seasonal discount shopping...

After its successful launch in Hyderabad and Mumbai, Swedish furniture giant IKEA is now looking at expanding in Tier-II cities as a part of its phase 2 expansion plan. The company is currently developing a large format store in...

India’s retail sector has been undergoing structural changes for the last two decades. Shopping malls, lined with specialty retailers, started dotting the retail markets of the country’s top cities during the mid-1990s. Since then, the ‘mall culture’ gradually pervaded...

Leading single brand retailers hailed the government's move to ease local sourcing norms and allow online sales, saying it is an encouraging step to attract investments in the sector. The government on Wednesday expanded the definition of mandatory 30...

IKEA, the world’s leading Swedish home furnishings retailer, has launched its online store in Mumbai, with a vision to become accessible to varied audiences of the city with more than 7,500+ products to make everyday life brighter for them....

The Telangana government will be a setting up dedicated industrial park for furniture manufacturing here, a top official said on Friday. The Furniture Park will come up over 100 acres of land on the outskirts of the city. It will...

IKEA, the world’s leading multi-channel home furnishings retailer has completed a year of operations in India. Last year, this day IKEA opened doors of its first store in India to the many people of Hyderabad. The day was a landmark...

Logistics and warehousing plays an indispensable role in the transportation of goods across the country. A warehouse is a fundamental part of business infrastructure and is one of the key enablers in the global supply chain. It is the...

Home design and renovation platform Livspace said IKEA's parent Ingka Group has invested an undisclosed sum in the India-based company. "Ingka Investments, the investment arm of Ingka Group (Ingka Holding B.V and its controlled entities), has made a minority investment...

Swedish furniture major IKEA, which has recently opened its 400,000 sq. ft. debut outlet in India, features a 1,000-seater restaurant, the brand’s largest in the over 400 stores it has globally. So, why does a furniture giant–and an immensely...