Retail India News: IKEA Strategizes New Investment Approach in India as Initial Commitment Matures
Swedish furniture giant IKEA is gearing up for another round of investment in India as it completes its committed Rs 10,500 crore investment made a…
Retail India News: IKEA AROMATISK Collection: Elevating Home for the Festive Season
The time has arrived once more to celebrate the gathering of loved ones, both near and far. This festive season, the AROMATISK collection from IKEA,…
Retail India News: IKEA Launches Aromatisk Collection, Fusing Indian Arts and Home Decor Innovation
In the realm of home decor, IKEA has long been synonymous with style, affordability, and innovation. This time, the Swedish furniture giant is set to…
Retail India News: IKEA Unveils the TABBERAS Collection, Inspiring Sustainable Living in India
Enter a realm of vibrancy, innovation, and conscious lifestyle choices as IKEA introduces the TABBERAS Collection, a tribute to the preservation,…
Explore Upcoming Events And New Age Agendas
  • IReC 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Launched in 2014, the Industry of Retail & eCommerce Summit has seen many years of growth, evolution and transition.

  • D2C INDIA 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Setting in Motion the New Commerce Revolution as the biggest and widest D2C community will gather in 2024.

  • Franchise India 2024 Delhi
    18-19 May, (IICC) India International Convention and Expo Centre, Delhi, India

    Meet 500+ franchisors across diverse industries, network with 40,000+ verified buyers, and gain insights from the startup community.

  • India EV Show
    29-30 June, Hall No. 3, Chennai Trade Centre, Chennai

    The INDIA EV SHOW's 4th edition is a Premier Show & Exhibition, sparking innovation and forging connections between emerging Startups and established heavyweights in the electric mobility arena.

  • FROEXPO Chennai
    29-30 June, Hall No. 2, Chennai Trade Centre, Chennai

    India’s premier and most trusted Business & Tradeshow is back in Chennai to provide a platform for highly evolved prospects, qualified investors, entrepreneurs from across India, neighbouring countries and delegations from other parts of the world.

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Retail India News: IKEA's "IKEA ICONIC" Celebrates 80 Years of Design Innovation
To commemorate 80 years of global design heritage and innovation, IKEA hosted the "IKEA ICONIC" event in Mumbai. The event showcased their all-time…
IKEA India and HDFC Bank Collabs to Introduce Hassle-Free Consumer Financing Solution
In a strategic partnership, IKEA India and HDFC Bank have joined forces to offer a convenient and seamless consumer financing option for all IKEA…
IKEA India Appoints Elena Pogosova as Country Commercial Manager
IKEA has appointed Elena Pogosova as its new country commercial manager for the India business, the company said. Pogosova will be driving the…
Ikea Throws Discount on Select Articles by 16-39 pc
European furniture retailer Ikea has cut prices on a sizable part of its over 9,000 articles on offer in India by up to 39 percent, a top official…
IKEA to Invest Rs 4,000 cr in Retail Stores in UP
Known for its affordable wide range of well-designed, functional home furnishing products, IKEA may have footprints in Uttar Pradesh soon. The…
Ikea India Records Net Loss of Rs 902 cr in FY22, Sales Up by 77 Pc
Home furnishings retailer Ikea's Indian unit has recorded a net loss of Rs 902.8 crore in FY22. The net loss widened this year as compared to Rs 809.…
IKEA Infuses Rs 600 Cr into its India retail Subsidiary
IKEA infused Rs 600 cr into its India retail subsidiary. The fund infusion into its India subsidiary was made through two entities Ingka Pro Holding…
IKEA Eyes to Open Small City Outlets Along with Mega Formats in India
Swedish furniture retailer IKEA plans to open small city outlets along with its mega format stores in India supported by online channels, tweaking…
Ingka Centres Breaks Ground on its First IKEA Anchored Meeting Place in India?
Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), marked the start of main construction works on its…
IKEA India Appoints Murali Iyer as CFO
IKEA (part of Ingka Group), the world’s leading Swedish home furnishings retailer, announced the appointment of Murali Iyer as its new Chief…
IKEA to Expand Offline Presence, Eyes to Open?its Second City Store in Mumbai?
Continuing its omnichannel expansion in India, IKEA, the world’s leading Swedish home furnishings retailer, announced the location of its second…
Ikea Eyes to Relocate Purchasing Office to Bengaluru from Gurugram
Swedish furniture retailer Ikea is shifting its purchasing office, which sources products for its global supply chain from India, from Gurugram to…
IKEA India Expands Offline Presence, Opens its First Large Format Store in Bengaluru
IKEA (part of the Ingka Group), the world’s leading Swedish home furnishings retailer will open the doors to its largest store in India so far, in…
IKEA India Expands Offline Presence, Opens its First Bengaluru Store
IKEA India (part of the Ingka Group), the world’s leading Swedish home furnishings retailer revealed that it will open doors to its store in…
IKEA to Spend 3 Bn Euros For Global Retail Expansion?
IKEA retailer Ingka Group is reported to spend 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its…
IKEA India to Gear-up Local Sourcing: Says Susanne Pulverer, CEO
IKEA India is planning to increase local sourcing of their products which will not only help in staying affordable but will also create more jobs and…
IKEA India Appoints Adosh Sharma as Country Expansion Manager
IKEA (part of Ingka Group), the world’s leading Swedish home furnishings retailer, announced the appointment of Adosh Sharma as its new Country…
IKEA India Appoints Susanne Pulverer as its First Woman CEO and CSO
IKEA (part of Ingka Group), the world’s leading Swedish home furnishings retailer, announced the appointment of Susanne Pulverer as its new and first…
Ingka Group Opens its First Shopping Centre in Gurugram; to Infuse Nearly Rs 3,300 Cr
Ingka Centres, a division of Ingka Group, announced it will open a shopping center in Gurugram, with an investment of around Rs 3,300 crore.  "While…
Enviu, CAIF, and IKEA Foundation to Build New Textile Waste Management Infra
Enviu, Circular Apparel Innovation Factory (CAIF), and IKEA Foundation have partnered to set the ground for building a new circular textile waste…
IKEA India to Open First City Store in India in Mumbai
IKEA, the Swedish home furnishing retailer, has announced the location of its first city store in India. After opening a large-format store in Navi…
IKEA India Partners with Tata STRIVE to Build Employability and Entrepreneurship among Youth
IKEA India (part of Ingka Group), the Swedish home furnishings retailer, has partnered with Tata Community Initiatives Trust (TCIT), Tata STRIVE. The…
IKEA India Appoints Nivedeeta Moirangthem as Country Communications Manager
IKEA India has announced the appointment of Nivedeeta Moirangthem as the Country Communications Manager to lead its total communications portfolio…
IKEA Enters Bengaluru with E-Commerce and Mobile Shopping App
IKEA, the world’s leading Swedish home furnishing retailer, has launched its e-commerce services and mobile shopping app in Bengaluru. The people of…
IKEA to Accelerate Indian Suppliers' Transition to 100 pc Renewable Power
IKEA, the world’s leading omnichannel Swedish home furnishings retailer, announced a new program in India, Poland, and China that supports nearly 1,…
IKEA Enters Gujarat with Online Store and Shopping App
IKEA, the world’s leading omnichannel Swedish home furnishings retailer, announced the launch of its mobile shopping app and e-commerce offer in…
IKEA Strengthens Omnichannel Presence in India
Swedish home furnishing retailer IKEA has introduced its shopping app in India, in a bid to expand its omnichannel approach in the country. The IKEA…
IKEA India Targets 12 pc Retail Sales from Kids' Category
IKEA, which has a range of over 1,000 products as part of its children's range, is aiming to scale up sourcing of toys from India for its operations…
IKEA Eyes to Launch its First Shopping Centre in India
IKEA is looking at launching its first shopping centre in India. The announcement comes after the furniture giant's shopping centres business, one of…
IKEA Launches Singapore's First Stand-Alone Planning Studio
IKEA has launched the first-of-its-kind planning studio powered by Singapore-based interior design and renovation platform, Livspace. IKEA and…
IKEA Unveils Second Store In India
IKEA (part of the Ingka Group), the world’s leading Swedish home furnishings retailer, has launched its new store in Mumbai. The Navi Mumbai Store is…
IKEA retail logs sales of EUR 35.2 bn for financial year 2020, bets big on Home Lifestyle shift
Ingka Group has announced strong IKEA retail sales of EUR 35.2 billion for the financial year 2020 (EUR 36.7 billion FY19), despite the economic and…
IKEA India plans to raise Rs 5K crore to expand presence
IKEA is planning to raise Rs 5,000 crore in India through debentures. The move is aimed towards launching more outlets in the country where it has a…
IKEA launches Better Living app to inspire healthier and happier living
IKEA India has launched the IKEA Better Living App to inspire and enable the many to live a more sustainable life at home, by following simple and…
Inter Ikea Group ropes in new CEO
Inter Ikea Group has announced Jon Abrahamsson Ring, a former assistant to furniture giant Ikea's Founder Ingvar Kamprad, as its new Chief Executive…
IKEA to invest 1.5 bn euros to expand in India
IKEA, the Swedish furniture and home products giant, will be investing 1.5 billion euros for its expansion plans in India. With this investment, the…
Ikea enters the Indian e-commerce space with online store in Mumbai
Ikea, the Swedish home furnishings major, has opened its online store in Mumbai amid plans to launch retail outlets in the city. The company’s entry…
Ikea to go online in Mumbai before launching first physical store
Before opening its first physical store in Mumbai, the Swedish furniture chain Ikea will launch online shopping services in the market.  …
IKEA looks to launch 1st Mexico store in 2020
IKEA, the world's largest furniture seller, is planning to launch its first store in Mexico in 2020. The company further looks to open stores around…
IKEA signs agreement with Rustomjee Group to provide furnished apartments
IKEA Group, global furniture major, has signed a strategic alliance with realty developer Rustomjee Group in order to offer furnished apartments in…
IKEA plans to invest Rs 3,000 crore for three new centres
Swedish furniture retailer IKEA plans to invest nearly Rs 3,000 crore in the next three years to open three fulfilment centres (packing warehouses…
IKEA targets home delivery by electric vehicle in five major cities by 2020
IKEA Group, the owner of most IKEA stores worldwide, said on Friday all its home deliveries in the inner cities of Amsterdam, Los Angeles, New York…
Now IKEA will launch its first store in India on August 9
New Delhi: Swedish furniture major IKEA has postponed the dates of opening its first store at Hyderabad by almost 20 days to August 9 as its needs…
IKEA upbeat on e-commerce in India
New Delhi: Swedish home furnishing retail giant IKEA, which is set to kick-start India operations from Hyderabad on 19th July says e-commerce…
GATI-KWE partners with IKEA for home delivery solutions using electric vehicles
Express distribution services firm GATI-KWE has partnered with IKEA’s first India store in Hyderabad emerging as the chosen logistic partner for the…
Ikea betting big on localization to win Indian customers
Swedish furniture retailer Ikea is all set to open its first Indian store next month in Hyderabad. Though the store is yet to open, the company has…
IKEA selects UrbanClap as its furniture assembly partner in India
New Delhi: Swedish home furnishing brand IKEA has announced home services platform UrbanClap as its furniture assembly partner for its 4,00,000…
Ikea promises up to Rs 2,000cr investments for West Bengal
Swedish retail giant Ikea Group has pitched for multi-crore investment plans for the state of West Bengal to the Ministry of the state seeking…
IKEA Appoints Peter Betzel CEO For Indian Outlet
IKEA, the Swedish home furnishings company, today announced the appointment of Peter Betzel as the new Chief Executive Officer (CEO) for its India…
Ikea To Invest 3,000cr In Maharashtra For Stores, Experience Zones
Swedish furniture retailer Ikea has decided to invest Rs 3,000 crore in the state over the long-term to set up multi-format stores as well as…
Ikea to invest Rs 100cr in warehouse expansion in Chakan
Ikea, the furniture major has decided to invest for additional Rs 100 crore to take more warehouse space in Chakan near Pune. The warehouse will…
IKEA Wins Circular Economy Award At World Economic Forum
IKEA has been selected as winner in The Accenture Strategy Award for Circular Economy Multinational at the world Economic Forum in Davos. IKEA has…
IKEA Group Records Full Year Operating Profit Of 3 Billion Euro
IKEA Group, which owns most IKEA budget furniture stores, reported an operating profit of 3.0 billion euros ($3.6 billion) for its fiscal year…
IKEA To Open 3 Stores In Bengaluru
The world’s favourite furnishing retailer has acquired 14 acres of land to build a whopping 4.5 lakh sq.ft store in the near future and expects 5…
Home Furnishing Company IKEA To open 6 Stores In NCR
IKEA, the Swedish home furnishings company purchased its first land parcel in Gurugram, Haryana and its fourth one in India after Hyderabad, Mumbai…
Industry department finalizing a proposal that will allow foreign companies to count the procurement for global operation
Multinational retailers such as IKEA and H&M could soon enjoy easier sourcing norms with government planning to relax the conditions for 30 per…
Consumers may soon be able to buy IKEA products through other online retailers
Home furnishing retailer, IKEA plans to test selling its products on websites other than its own, as it targets more online customers, the head of…
Ikea acquires land in Bengaluru to set up its third India store
Swedish furnishin company, Ikea, has acquired a 14 acres land parcel in Bengaluru from the Bangalore Metro Rail Corporation, where it will set up…
Jesper Broding becomes new CEO for Ikea Group
Swedish home furnishings retailer, Ikea Group, has appointed Jesper Brodin as its new chief executive officer after Peter Agnefjall decided to step…
IKEA store to employ around 700 direct coworkers and create around 1500 indirect job opportunities
IKEA, the Swedish home furnishing retailer, has celebrated the ground-breaking ceremony of its first store in Navi Mumbai. This is a step towards…
Ikea to build a robust home-services department
Swedish furniture retailer Ikea is gearing up to build a robust home-services department that will take care of deliveries and assembly of its…
Ikea India to launch its first store in Hyderabad
Swedish furniture retailer, Ikea plans to double sourcing from the Indian market to 600 million euro by 2020. Henrik Gunnerling, Purchase…
Germany's Otto witnesses rise in online sales
Otto, Germany's one of the biggest e-commerce companies has witnessed comparable sales rose 5 percent in its FY16-17. The increased sales are driven…
District court dismisses case filed by Sweden's IKEA against Aikya Global
A district court in New Delhi has dismissed a trademark violation case filed by Sweden's IKEA against Bengaluru-based consulting company Aikya…
IKEA first store in UP
Stockholm-based IKEA plans to set up its first store in the country in Greater Noida, Uttar Pradesh, and this foreign retail also intends to set up…
IKEA plans to open cafes at stores
IKEA, the Swedish furniture retailer, has approached Foreign Investment Promotion Board (FIPB) seeking review of its application posted previously…
Ikea gets FIPB approval
Swedish furniture giant, Ikea moves a notch closer to its dream of setting up stores in India as its Rs 10,000 crore proposal gets a thums up from…