IKEA
Home Decor & Furnishing
IKEA plans to invest Rs 3,000 crore for three new centres
Swedish furniture and home accessories company IKEA plans to invest nearly Rs 3,000 crore in the next three years to open three fulfilment centres (packing warehouses) in Mumbai, Bengaluru and Delhi.According to a PTI report: The company would open...
Home Decor & Furnishing
The IKEA India experience, strategies and future plans
Finally, the wait is over! IKEA, the world’s leading Swedish home furnishing retailer has opened the doors of its Hyderabad store for customers on August 09, 2018.Expressing joy, Peter Betzel, CEO, IKEA India says, “At IKEA the people, the...
Research
Urbanisation with affluency coupled with digital disruption forces online offline retailer to join hands
With rapid urbanization of several Indian cities, there are localities within these urban cities that can be comparable with Tier II cities in other parts of the country. According to top retail experts at India Retail Forum 2018, the...
Home Decor & Furnishing
IKEA looking at West Bengal as a sourcing hub, says West Bengal finance minister Amit Mitra
Swedish furniture retail company IKEA has evinced interest in sourcing products from West Bengal, state Finance Minister Amit Mitra.According to a PTI report: The multinational retail chain recently opened its first store in India at Hyderabad.Mitra, addressing the concluding...
Home Decor & Furnishing
IKEA eyes 15 pc growth year-on-year on same store basis: Patrik Antoni, Deputy Country Manager
IKEA, the furniture retailer which bets big on sustainability, has opened its first store in Hyderabad on August 09. The Swedish home furnishing major has been sourcing from India for its global stores for more than 30 years. Its...
Food
Indian, Swedish food to boost IKEA shoppers’ energy
IANS -
Walking through the sprawling, newly-opened IKEA store here needs energy and the company is making sure that customers get to recharge at its trademark restaurant. The 1,000-seater restaurant is the biggest among the Swedish home furnishings retailer's global network...
Home Decor & Furnishing
IKEA store attracts 40,000 customers on first day
IANS -
About 40,000 people visited IKEA's first India store on the opening day here, a company spokesperson told IANS.The world's leading Swedish home furnishings retailer received huge response from customers on Thursday.The spokesperson, however, declined to share the numbers relating...
Home Decor & Furnishing
After IKEA, UAE’s Danube Home to open store in Hyderabad
IANS -
After leading Swedish home furnishing company IKEA, Danube Home of United Arab Emirates (UAE) is also entering India.Like IKEA, Danube Home, the home furnishing arm of Danube Group, is also opening its first store in Hyderabad.On a day when...
Home Decor & Furnishing
Incentivise local production, but don’t penalise imports, says IKEA CEO
India must look at incentivising local production rather than penalising imports, IKEA Group CEO Jesper Brodin said.The head of Swedish home furnishing major, which has opened its first store in India on August 09, said high import duties on...
Home Decor & Furnishing
IKEA to open over 40 stores across different formats
IANS -
Buoyed by the rapid growth of the retail sector, leading Swedish home furnishings retailer IKEA plans to increase its investments in the country.On the eve of the launch of the first India store here on Thursday, the company officials...
- Advertisement -
Latest News
Boult IPO likely next year: Co-founder Varun Gupta
We are not focusing on IPO this year, our primary focus is to foray into offline marketsNew Delhi: Indian...
- Advertisement -