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Swedish furniture retailer IKEA to adopt omnichannel approach for expansion in India

The COVID-19 pandemic has slowed down Swedish furniture retailer IKEA's expansion plans in India but the company is adjusting to the new reality while continuing to bet on the country as one of its ‘very important markets’, according to...

The Next Normal: How HR personnel are innovating to keep employees engaged

With shopping centres being shut for so long, the organised retail sector has taken a severe hit. Social distancing norms and ever-increasing COVID-19 cases across cities have dented footfalls in shopping centres that are now open for the public....

Swedish furniture giant IKEA Retail sets up global operations centre in India

Strengthening its presence in the Indian market, Ingka Group, which handles retail operations of Swedish furniture giant IKEA, on Thursday announced to open a global office at Bengaluru. It will operate within the areas of Global Business Operations (GBO),...

Ingka Group hikes sustainability investment by 600 million euro for next 12 months

Swedish furniture major IKEA's partner Ingka Group has increased investment by 600 million euro (around Rs 52,00 crore) towards sustainability projects over the next 12 months. After this announcement, Ingka Group's total investments in sustainability projects will rise up...

IKEA makes furniture and home furnishing products more affordable for Indian consumers

IKEA, world’s leading Swedish multichannel home furnishings retailer has announced lower prices without an end date for some of its bestselling products in the range with its ‘new lower price’ initiative. This is one of the long-term strategic steps...

COVID-19 Impact: IKEA India temporarily closes outlet in Hyderabad

IKEA India (part of the Ingka Group) has temporarily closed its outlet here from Saturday to implement additional safety measures in view of current COVID-19 pandemic, the Swedish furniture maker said. "In light of the current COVID-19 situation, we are...

IKEA to reopen store in Hyderabad from June 8

IKEA India, part of the Ingka Group, will be reopening its store here from June 8 with strict and strong measures in place to ensure safety of visitors, the Swedish furniture maker said. "As we reopen our store, health and...

IKEA resumes online service, provides contactless experience

IKEA India, a part of the Ingka Group, has restarted its online service with its newly introduced 'Click & Collect', a safe and contactless shopping experience, here. The contactless shopping experience has been introduced as per latest the government guidelines...

IKEA’s acquires AR start-up to give a store-like shopping experience to consumers

IKEA has acquired augmented reality (AR) start-up Geomagical Labs. Commenting on the same, Wafaa Hassan, Analyst at GlobalData said, “As one of the early investors of AR, IKEA’s acquisition of Geomagical Labs gives its customers the opportunity to see how...

IKEA continues to lead the way in sustainability rankings, says GlobalData

Consumers in the UK believe product sustainability to be more important when buying items for the home than when purchasing anything else, says GlobalData Emily Stella, Lead Analyst at GlobalData, comments: “Home shoppers score general merchandise retailers M&S and John...
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FSSAI to launch quality check of food items like dairy products, spices, fortified rice

FSSAI carries out various pan-India surveillance on various food products to assess the compliance status of implemented regulationsNew Delhi:...
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