Change in Strategy: Ikea to open more smaller stores; focus on omni-channel in IndiaThis is a departure from Ikea’s original 2013 India plans when the government cleared the Swedish retailer’s application to invest Rs 10,50...
More custom duty from furniture to kitchenware: Multiple duties singe IkeaBudget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.
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 ...
Ikea to launch e-commerce operation in Mumbai soon: CEOIkea had earlier said it invested over Rs 800 crore in the Hyderabad outlet, which includes an in-house 1000-seater restaurant.
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 bets on small stores to go digital“This is for the first time that we are experimenting with smaller format stores,” said Peter Betzel, CEO for Ikea India.
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 to open 1st Indian store in Hyderabad on August 9IKEARetail India had earlier said it decided to move the date to August 9 from July 19 as it needs some more time to live up to its expecte...
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’s Gurgaon store may come up in two yearsEarlier this month, the world’s largest single brand retailer won a Haryana Urban Development Authority (HUDA) auction for 10 acres in the ...
IKEA bags 10-acre parcel in Gurgaon for Rs 842 croreHUDA sold an approximately 10 acres of commercial land for a whopping Rs 842 crore in Sector 47 of Estate-II of HUDA Gurugram, an official ...
Chicken and veg offerings to replace IKEA's trademark beef and pork meatballs in IndiaIKEA is preparing to open its first store in Hyderabad next spring with a shopping area spread over 400,000 sq ft. The facility will house ...
Ikea to lay foundation for first Indian store in Hyderabad on August 11"Ikea is performing ground-breaking and laying of foundation stone for its first Indian store on August 11," an Ikea official said.
IKEA set to foray in UP, signs MoU with governmentYadav said that due to industry friendly policies and world class infrastructure facilities, renowned companies were coming forward to inve...
Ikea to invest Rs 600 crore in MaharashtraFurniture retailer Ikea India, the Indian subsidiary of Swedish furniture retailer Ikea AB, has inked a pact with the Maharashtra governmen...
IKEA eyes Hyderabad for first India storeET first reported in September last year that Ikea was looking at zeroing in on Hyderabad for its India foray.
FIPB to review IKEA's big-ticket investment proposal to open cafeterias next weekFinance Ministry will review next week IKEA's investment proposal to open cafeterias at proposed retail outlets of the Swedish furniture ma...