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IKEA CHENNAI
IKEA aims to be profitable by FY28; to open 25 small & medium stores in next 4-5 yearsSwedish furniture giant IKEA is set to become profitable in India by FY'28. The company plans to open 25 new stores across the country in t...- IKEA plans to double India investment to more than Rs 20,000 crore over five yearsIKEA is set to significantly boost its investment in India. The furniture giant will pour over 200 billion rupees into the country over the...
- Puravankara leases 1.2 lakh sq ft retail spaces to IKEA India in BengaluruIn a regulatory filing on Monday, the company informed that it has signed an Agreement to Lease (ATL) with IKEA India for leasing of two fl...
- IKEA India readies fresh investment for India, eyes Chennai and Pune for large-format storesIkea, having exhausted its initial Rs 10,500 crore investment in India, plans to announce a new phase of investment soon. The company is co...
- IKEA to set up compact stores for expansion in smaller citiesIKEA is shifting its India strategy by introducing compact stores in smaller cities to enhance accessibility. These stores, as small as 10,...
- Good news for shoppers! Ikea to begin online sales in Delhi-NCR this week. When is the store coming?Ikea is expanding its presence in India with online sales in Delhi-NCR and 9 other markets this week. It plans to open full-size stores in ...
- Ikea looking at next phase of investments in India, plans smaller format stores in adjacent marketsIkea is planning its next phase of growth in India, focusing on small-format stores and online expansion. The company will start online sal...
- Ikea eyes omnichannel expansion and local sourcing in IndiaSusanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market. She stated, "Our next gr...
- Touchpoints: That's big boy IKEA's small idea to go onlineBy 2025, IKEA plans to have more than 25 stores across cities with both online and offline approaches.
- Ikea not to hike prices of low-end furniture productsPatrik said Ikea is a global company and it would appreciate global trade, but would not be happy with trade barriers such as customs tarif...
- IKEA plans to invest Rs 3,000 crore for three new centresIKEA is set to open its second store in Mumbai later this year, and would hold a ground-breaking ceremony on October 11 in Bengaluru, he sa...
- Stampede like situation on Ikea's inauguration day as over 40,000 visitors bring Hyderabad to a haltAbout 10,000 customers had visited the store by 4 pm but the crowds swelled later as thousands of office goers headed to the shopping place...
- IKEA is now open for business in India: Here's what it offersIkea expects its restaurant biz to drive higher footfalls in India, a sharp contrast to other markets.
- Maharaja sofa: Swedish IKEA stares at a king-size challenge in IndiaIKEA will have to contend with the opulent aesthetic of Maharaja sofa, a symbol of richness for the middle class.
- IKEA to open first store in Hyderabad on July 19According to a company spokesperson, IKEA aims to reach 200 million customers in India in the next three years.
- IKEA upbeat on Ecomm, may begin with MumbaiIKEA plans to offer online sales in cities where it can support them with fulfilment, delivery and assembling services.
- Ikea to integrate its stores in India with online tradeIkea will explore cities such as Chennai, Pune, Surat, Ahmedabad for its expansion after setting up stores in Hyderabad followed by Mumbai,...
- India a very important market for us: Catarina Lowenadler, IKEALowenadler said the new categories that the company was looking to develop were mattresses, sofas and book shelves as well as new materials...
- IKEA sends legal team to clear out namesakes before India entryIf you have a business or brand sounding anything even remotely close to IKEA, get prepared to face the ire of the Swedish retail giant.
- FDI in retail: India awaits world's biggest furniture manufacturer 'Ikea'If Ikea finally sets up shop here, it might find a market ready and waiting for its affordable yet distinct brand of furniture.
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