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IKEA RETAIL INDIA
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- IKEA sets up India development centre in push beyond sourcingIKEA has launched a new product development center in India. This positions India as a key hub for designing home furnishings for both loca...
- Samhi Hotels signs agreement with Ingka Centres for 162-room upscale hotel in NoidaIn an exciting development for Noida, SAMHI Hotels will be leasing a chic 162-room hotel as part of Ingka Centres' innovative project. This...
- Patrik Antoni to be new CEO of IKEA India as Susanne Pulverer resignsAntoni will lead the company's growth plans in India, in this new structure, where the CEO will take the responsibility for retail operatio...
- IKEA to amplify sourcing from India for global operations, to increase local sourcing to 50%IKEA is focusing on India. The Swedish retailer plans to increase sourcing from India for its global operations. It also aims to raise loca...
- Ikea looks at next round of investment in India after fulfilling Rs 10,500-cr promiseIKEA is planning the next round of investment in India to expand its presence, increase sourcing, and further build its volume. The company...
- Ikea to relocate purchasing office to Bengaluru from Gurugram"If a co-worker chooses not to move to Bangalore, we will do our utmost to support them in finding job opportunities within IKEA such as IK...
- Swedish furniture retailer IKEA to adopt omni-channel approach for expansion in IndiaWith the changing consumer behaviour due to the health crisis, online business will play a “very important role” for IKEA, which plans to e...
- Ikea may entice with malls next to its big storesIkea is exploring possibilities of building shopping malls and entertainment facilities next to some of its upcoming standalone stores, or ...
- Kishore Biyani ambushes IKEA party with HomeTown adsBiyani’s Home-Town placed ads on walls across the IKEA outlet, those were visible even from the store's inside.
- IKEA postpones launch of first India store“IKEA Retail India decided to move the date as it needs some more time to live up to its expected quality commitments towards customers and...
- 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.
- Exploring other cities like Delhi, Bangalore to open new stores: Juvencio Maeztu, CEO, IKEA IndiaIKEA India is exploring many other cities of India, CEO of the company, Juvencio Maeztu told ET Now.
- IKEA to invest Rs 2,000 crore in Haryana; signs MoU with stateIKEA today signed a memorandum of understanding with Haryana government and said it will invest an estimated Rs 2,000 crore to open its sto...
- Ikea inks MoU with Telangana government for opening store in the stateIkea India, a subsidiary of Swedish furniture retailer Ikea AB, today signed MoU with Telangana government for establishing its store in st...
- IKEA can’t use exports to meet sourcing normsIKEA cannot use its global procurement of products to satisfy the Indian demand of mandatory sourcing from the country.
- Ikea explores giving India touch to different products and designs"We need to have different product function and quality in India that we don't have globally," Juvencio Maeztu, country manager of IKEA sai...
- FDI in retail: IKEA says will comply with rules; will maintain 2 separate comapnies for sourcing & retailingAccording to government regulations for companies that sell goods under a single brand, the 30% local sourcing must be undertaken by the sa...
- FDI in retail: IKEA files final application for opening stores in IndiaSwedish furniture and home furnishing chain IKEA today said it has filed the final document this week seeking permission to open its store ...
- IKEA may have to wait as its demand for relaxing mandatory local sourcing norms puts government in a fixGovt appears to have balked at IKEA's demand for relaxing sourcing norms, delaying the approval of Rs 10,500 cr investment proposal.
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