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IKEA CEO Jesper Brodin in Delhi

The furniture retailer is looking at the next round of investment in India after exhausting its commitment of Rs 10,500 crore New Delhi: Swedish furniture retailer IKEA and Ingka Group CEO Jesper Brodin was in the national capital to look...

Foodhall out, Le Marche in at two DLF malls in Delhi

Le Marche has leased 10,000 sq. ft. in DLF Promenade Mall in Vasant Kunj and another 15,000 sq. ft. area in DLF’s swish Chanakya mall—spaces previously occupied by Foodhall New Delhi: High-end supermarket operator Le Marche has snapped up spaces in...

Ikea looks at next round investment in India after fulfilling Rs 10,500 crore promise

Currently, Ikea is operating stores in Hyderabad, Mumbai and Bengaluru and is investing around Rs 7,000 crore to enter the National Capital Region with two stores in Gurugram and NoidaNew Delhi: Swedish furniture retailer IKEA is looking at the...

Ikea exits Russia, sells shopping centre portfolio

Ingka Centres sold its 14 centres to a subsidiary of the Gazprombank Group. After the divestment of the shopping centres, Ingka Centres will have no operational business in RussiaNew Delhi: The Ingka Group has decided to sell its Russian portfolio...

5 top in-store technologies of the decade

From cashierless checkouts to augmented reality shopping these technological innovations by retailers forever redefined the in-store experience Bengaluru: Stepping into the store, adding items to the cart and just walking out without breaking a step to pay isn’t fiction anymore. In...

Ikea’s Ingka partners with PVR Inox to open multiplex at upcoming Gurgaon centre

PVR Inox will open a 9-screen movie theatre at the Ingka centre in Gurgaon which is scheduled to open in late 2025New Delhi: Ingka Centres, part of Ikea's retail operator Ingka Group, has partnered with PVR Inox for its...

Ingka Group records total revenue of €42.0 billion in FY22

The company also progressed towards its investment goal of €6.5 billion in renewable energy by 2030, by investing and committing a record €0.9 billion in renewable energy projects Bengaluru: Ingka Group, the parent company of IKEA India reports a revenue of...

Ikea kicks off construction process of its Noida store

The site will be home to India’s first Ingka Centre, a multi-storey retail destination with Ikea as the anchor and other brands as tenantsNew Delhi: Ingka Group, the parent company of Ikea, has started the process to construct a...

IKEA India’s revenue for FY22 jumps 73% even as losses widens 12% to Rs 900 crore

IKEA is in an investment phase in India and parent Ingka Group had in September infused Rs 600 cr into the India subsidiaryNew Delhi: IKEA India Pvt Ltd reported its net loss widened 12% to Rs 901 crore for the...

IKEA focuses on stronger omnichannel play, local sourcing in COVID era

What the world has gone through during last few months was completely unprecedented. As a purpose-led company, during this time IKEA focused on safety and security of their people, building digital capabilities, meeting customers in new ways as the...
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Aparna Construction invests Rs 284 cr to enter into shopping mall, cinema businesses

Aparna Constructions has a current portfolio of 77 projectsNew Delhi: Realty firm Aparna Constructions and Estates Pvt Ltd on Monday...
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