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Telangana to set up a Furniture Park in Hyderabad

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 looks at multi-channel growth in the coming years

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...

Exploring the underlying opportunity in the Indian warehousing sector

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...

IKEA’s parent Ingka Group invests in Livspace

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...

IKEA Restaurants: Have they tasted success in India?

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...

A new world of shopping: 100 mn people to make purchases using AR, VR by next year

By 2020, 100 million people would shop in-store and online using Augmented Reality (AR), enabling people to visualise products in different settings, market research firm Gartner said on Monday.Once technologies like AR and Virtual Reality (VR) get powered by...

First IKEA U.S. Planning Studio to open in Manhattan on April 15

IKEA U.S. announced that the first city center location in the country - the IKEA Planning Studio - will open its doors to the public on Monday, April 15. Located at 999 Third Avenue in New York City, the...

Looking at Omnichannel presence in India: IKEA

Swedish home furnishings major IKEA Thursday said it plans to have an Omnichannel presence in India going forward, reiterating its long-term commitment to the country. Last year, the company opened its first store in Hyderabad, spread over 13 acres...

IKEA’s first India store sold more despite lower than anticipated footfall

Swedish home furnishing multinational IKEA's first India store here witnessed less than expected footfall during last six months but the spending by the buyers was more than what it anticipated, said a top company official on Thursday.IKEA'S Hyderabad store,...

IKEA signs MoU to open store in Noida; create 8,000 jobs

Swedish furniture giant, IKEA, has signed MoU with the Uttar Pradesh government for the investment of Rs 5,000 crore to set up an integrated commercial project, including a store, in Noida.The MoU was signed between R K Singh, Principal...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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