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IKEA OPENINGS 2025
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 planning new stores in the US. Check where and whenIKEA is growing its business in America. The company will launch six new stores by the end of 2025. This follows five new U.S. locations ea...
- IKEA FY24 loss widens to Rs 1,299 crore, revenue up 4.5% to Rs 1,809.8 croreIkea India reported a loss of Rs 1,299.4 crore for FY24, compared to Rs 1,133 crore the previous year. Revenue from operations increased to...
- 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...
- Ingka Group to invest 900 million euros in India to open city centres at Gurugram and NoidaAccording to a top company official, Ingka Group (which also includes IKEA Retail and Ingka Investments) on Tuesday started construction wo...
- Ikea signs MoU to invest Rs 5,000 crore in UPThe MoU was signed in the presence of chief minister Yogi Adityanath, with Ikea represented by its country property manager David McCauslan...
- 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...
- IKEA likely to open India's first store on July 10The Swedish company had earlier said it was going to recruit about 800 people for the store, including 120 for the 1,000-seater restaurant ...
- IKEA inks MoU with Gujarat to open stores, invest up to Rs 3,000 crIKEA, has earlier signed MoUs with Karnataka, Telangana, Maharashtra, Uttar Pradesh and Haryana to open retail stores.
- IKEA's first India store will come up by mid-2018The furniture retailer has invested Rs 1,000 crore in 2 years — nearly 10% of the rs 10,500-crore committed by it for opening 25 stores by ...
- Ikea to employ 15,000 co-workers in India by 2025IKEA Group also announced an increase of Rs 1.50 lakh in pension fundings for its Indian co-workers as part of TACK programme, the furnitur...
- Ikea gives 108 million euro in pension fund to its co-workers globallyEvery full-time Ikea Group co-worker in India who has worked for Ikea for five years or more, receives the same amount regardless of their ...
- IKEA appoints Patrik Antoni as Deputy Country Manager, IndiaIKEA, which recently had the ground breaking ceremony for its first India store at Hyderabad, has started hiring for the store, which is sl...
- Eye on furniture hub, IKEA seeks 450 acres at Kandla port"We have proposed furniture clusters at the Kandla port. IKEA wants 450 acres of land," Road Transport, Highways and Shipping Minister Niti...
- Rallis transfers leasehold right of land to IKEA for Rs 214 croreMumbai-based Rallis India today said it has entered into an agreement with Swedish furniture retailing giant IKEA to monetise its surplus a...
- 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 to open first India store at Hyderabad in 2017IKEA will open its first store in India at Hyderabad in the second half of 2017 even as it scouts for more sites in Delhi-NCR, Mumbai and B...
- Ikea to make India global sourcing hub for bamboo productsFurniture made from bamboo, one of the fastest-growing plants, accounts for about 1% of Ikea's global sales of EUR 30 billion (about Rs 2,2...
- 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 MD to hold meetings called 'Future Search' for building India businessThe stakes are high and the opportunity is inspiring. Together we have the means to influence the future of IKEA in India, Maeztu said.
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