IKEA
Home Decor & Furnishing
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...
Home Decor & Furnishing
IKEA to open first store in Hyderabad in 2017
Swedish furniture retailing giant IKEA will open its first store in India at Hyderabad in the second half of 2017 even as it scouts for more sites in Delhi-NCR, Mumbai and Bengaluru.
The company, which received government approval in 2013...
Retail
Brace yourself for a retail revolution
As 2015 comes to an end, it’s time for an annual round-up of how the retail sector performed in 2015 and predictions for the year ahead...
A good retail experience includes great product, great service and a fun experience. This...
Retail
Top retail trends of 2016 to watch out for
CONVERGENT POS
The way customers prefer to pay is bound to change in 2016. Handheld point-of-sale (POS) systems with a cloud-based back-end have proven to be the device of choice by customers to make payments. They also result in more...
Food
Relooking Sustainability and the Indian Retailer
Sustainability in supply chains and business at large is a complex process involving many players – producers, brands, retailers and consumers. This article is the first in a three-part series that aims to raise some critical questions and most...
Fashion & Lifestyle
Adidas gets nod to open own retail outlet in India, to open stores by next year
Adidas Group, the German sports footwear and apparel maker, is all set to open its first fully owned outlet in India in the second half of fiscal 2016, with it getting the clearance to invest in local retail operations.
The...
Home Decor & Furnishing
IKEA to double India sourcing volume by 2020, to open first retail store in Hyderabad
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...
Home Decor & Furnishing
Hyderabad soon to have Ikea store
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...
Retail
Swiss Watchmaker Swatch Submits Proposal for Setting up Stores in India
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...
Retail
DIPP Mulls Scrapping of 30% Mandatory Domestic Sourcing Clause for FDI in Single-Brand Retail
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...
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Latest News
LG looks to enhance leadership in TV segment with products tailored for India
The company plans to enhance its India-specific product lineupsNew Delhi: Korean consumer electronics major LG will continue to introduce...
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