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IKEA MARKET APPROACH
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 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 expects India business to grow 10 pc in FY'25, to expand networkIKEA anticipates a sales surge of over 10% in India for FY25, driven by strategic expansion plans. The company aims to penetrate the market...
- IKEA sets its sights on small towns in India with compact retail storesIKEA is adapting its strategy for India with the introduction of smaller, more agile stores. These compact outlets, as small as 10,000 squa...
- Ikea adds doorstep delivery facility in 62 new markets, expects higher demand via online channelsIkea has introduced doorstep delivery facility in 62 new markets in India and plans to launch its Shop By Phone assistance service. The com...
- 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 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 leases 1 lakh sq ft at R City Mall in Mumbai’s Ghatkopar for city-center storeIKEA is known for its massive stores. However, the company is approaching Mumbai, the country’s most expensive realty market, with a differ...
- Ingka Group to open its first shopping centre in India at Gurugram, to invest Rs 3,300 croreThe government is committed to provide best support to facilitate a smooth investment flow into the state. This project will not only estab...
- IKEA launches online sales service in BengaluruSwedish home furnishings retailer IKEA on Wednesday said it has launched an online sales service in Bengaluru ahead of opening a store in t...
- 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.
- IKEA India FY20 results: Net loss widens to Rs 720 cr; sales up 64.7% at Rs 566 crThe company had registered a loss of Rs 685.4 crore in the financial year ended March 2019, according to Registrar of Companies filing shar...
- 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...
- 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 to build a store in Mumbai mallIn a shift from their usual approach, the Swedish furniture maker is opting for a store rather than building their own stand alone space.
- Ikea India opens online store in MumbaiMumbai will see a multichannel offer including smaller format stores, and a big format store in Navi Mumbai, it said in a statement.
- IKEA to go online in Mumbai before opening storesSwedish furniture chain Ikea will launch online shopping services in Mumbai before opening physical stores. Known for its megastores, IKEA ...
- IKEA official meets Anand Sharma, discusses business plansIKEA's Jessica Anderen today met Commerce and Industry Minister Anand Sharma and is understood to have discussed the company's business pla...
- Ikea may create new product range for Indian marketIkea, which recently announced Rs 10,500 crore investment in the country, today said it is considering to create a new product range for th...
- 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 ...
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