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How mushrooms could save the world

IKEA is using new biodegradable packaging made from mycelium or mushroom roots. And Dell has been using mushroom packaging for years now...READ MORE

IKEA seeks 450 acres at Kandla port, to create furniture hub

Upbeat on infrastructure growth in India, Swedish furniture giant IKEA has evinced keen interest in a proposed cluster at Kandla port and sought 450 acres for the same, Union Minister Nitin Gadkari said on Tuesday. "We have proposed furniture clusters...

Pics: Global retailers invest in India's hot retail real estate space

Sizzling Real Estate Space International retailers and investors are back in the reckoning by swinging deals in prime real-estate destinations. According to a report by JLL, the FDI inflow in retail trading has increased between October 2014 and September 2015,...

IKEA to open 400,000 sq. ft store in Navi Mumbai

Ikea, the world’s largest furniture retailer, has purchased 23 acre land parcel in Navi Mumbai along the Thane-Belapur Road, for its second store in India after Hyderabad. The Swedish company is planning to open a 400,000 sq. ft store...

Sustainability sells, but is the Indian consumer buying?

Role of Consumers in the Sustainability Equation Sustainability can no longer be perceived as the sole responsibility of any one stakeholder in the process of transforming value chains. The question of ‘who leads?’ is critical in the process of market evolution....

IKEA looks for 3.5 lakh sq ft retail space in Mumbai

IKEA, the Swedish furniture retailing giant is in talks with Oberoi Realty to purchase land in Mumbai for its retail store which would be around 3.5 lakh sq ft in size. Last year, the company had bought 13 acre...

Kishore Biyani’s Future Group acquires FabFurnish

Future Group has forayed into the same line that its CEO has shown a certain disdain for all these years. The very vocal-against-online-retail, brick-and-mortar retailer Kishore Biyani has bought the Rocket Internet-backed online furniture marketplace, FabFurnish. Although the sum that Future Group has...

Rallis transfers leasehold of land to IKEA for 214 cr

TATA Group's agri-input arm, Rallis India Ltd, has entered into an agreement with Swedish furniture retailing giant IKEA to transfer its leasehold right over a piece of land in Mumbai for Rs 214 crore. Rallis India is a subsidiary...

IKEA donates 92 cr for safe water projects in India

Swedish furniture retailing giant IKEA will contribute Rs 92.84 crore to provide safe water and sanitation to one million people in India and Indonesia through Water.org. IKEA Foundation has announced a new grant of 12.4 million Euros to Water.org on...

Furniture giant Ikea plans to enter Haryana

Swedish furniture retailer Ikea, has announced to set up outlets in Haryana with an investment of about Rs 2000 crore. The furniture giant will employ around 1,000 executives but only after some paperwork with the Haryana government. “We will expand...
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Lab-grown diamond brand Solitario enters Chennai

The new 600 sq. ft. boutique is located at  Phoenix Market City Mall’s luxury arena named Palladium Bengaluru: Lab-grown diamond...
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