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IKEA EMPLOYEE GROWTH
IKEA India plans to double investment to over Rs 21,000 cr by 2030; targets Rs 8,000 cr turnoverSwedish retailer IKEA plans to invest over Rs 21,000 crore in India by 2030. This significant investment will accelerate store expansion an...- 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 India aims for operational profitability in couple of years, says CEO Susanne PulvererIkea India expects to achieve operational profitability within a couple of years. The company focuses on stabilisation, affordability, and ...
- InsuranceDekho strengthens leadership teamInsuranceDekho strengthened its leadership by appointing Manish Mahajan, Sonali Mitra, Nishant Gupta, Prashant Kalaver, and Shruti Kapoor t...
- Increasing annual leave to five weeks would cost employers less than you might thinkThe idea of expanding annual leave to five weeks appears to be gaining traction, spurred by recent advocacy from groups like the Shop Distr...
- IKEA did what others only talk of doing & it was a gamechanger for India staffIKEA faced high employee turnover globally. In India, to retain staff, IKEA introduced subsidized daycare, 26 weeks of parental leave, and ...
- In global battle for talent, Indians fast emerging as the top choiceWhile several Indians have in the last few years taken up top positions globally, even mid-level execs, with their inherent knowledge of a ...
- Growth for good, good for all: A mantra for sustainabilityProfitability and sustainability need not be mutually exclusive or opposing outcomes. So, how can we steer business towards a sustainable, ...
- IKEA India opens its first Bengaluru Store at Nagasandra, BengaluruSpread over 12.2 acres, the 460,000sq ft IKEA Nagasandra store will feature over 7,000 affordable, good quality, sustainable and well-desig...
- IKEA rents 100,000 sq ft in Bengaluru to set up first store in cityThe store coming up in VR Mall in Whitefield is expected to be operational next year. The deal has a lock-in period of 15-20 years.
- As Covid hits physical stores, global retailers boost tech presence in IndiaWalmart’s tech arm in India has added 2,000 employees in its Bengaluru centre and 800 people in Chennai over the past year, taking total st...
- Swedish furniture giant IKEA Retail sets up global operations centre in IndiaThe move will help to streamline, simplify, and standardise ways of working and operations, while diversifying the overall digital footprin...
- IKEA Group plans to cut 7,500 administrative jobsAt the same time, the group, which owns 367 IKEA stores, estimates it will create 11,500 new jobs in the period as it expands with new stor...
- The story of how Ikea was assembled in IndiaIkea’s first store in Hyderabad is a few months away. Land has been bought in Gurgaon, Bengaluru and Mumbai but retail stores will not come...
- India procurement for global operations may be counted for local sourcing obligationsThe department of industrial policy and promotion (DIPP) is drafting guidelines which will provide relief to global retailers.
- IKEA India staff to get Rs 1.12 lakh as pension pay-outEmployees of Swedish home furnishings major IKEA in India will get a lumpsum amount of Rs 1.12 lakh as part of its global retirement fund.
- IKEA starts hiring, gears up to open 1st India store by 2017Swedish furniture retail giant IKEA has started hiring in India as it gears up to open its first store in the country by 2017.
- Why you should look forward to IKEA's entry into IndiaThe entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.
- Ikea has cut 5,000 jobs due to economic crisis: ReportSwedish furniture giant Ikea has cut 5,000 jobs worldwide due to the global economic crisis but expects to post record sales nonetheless, i...
- Retail MNCs tap into Indian fashion talentNotwithstanding global economic slowdown overseas firms such as Versace, Landmark group and Ikea are scouting for students from the Indian ...
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