Japan proves the next influencer economy may not involve humans at allJapan is witnessing a surge in AI-powered virtual influencers, with companies like Aww Inc. developing autonomous digital personalities for...
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 eyes India as key sourcing hub amid global trade shiftsGlobal trade tensions have accelerated companies' efforts to diversify supply chains, and India is becoming central to Ikea’s sourcing stra...
IKEA India readies fresh investment for India, eyes Chennai and Pune for large-format storesIkea, having exhausted its initial Rs 10,500 crore investment in India, plans to announce a new phase of investment soon. The company is co...
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 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 to spend 3 billion euros on stores as it adapts to e-commerceTolga Oncu, retail manager at the group which owns most IKEA stores worldwide, told Reuters the money would be spent across all regions, th...
IKEA set to launch first small-format city store in Mumbai on ThursdaySwedish furniture giant IKEA is set to launch its first small-format city store at Worli here on Thursday. IKEA, which is part of the Ingka...
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.
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...
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 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...
IKEA India plans to invest Rs 1,000 crore in BengaluruThe store, besides offering a wide range of home furnishing solutions, will also have a 1,000 seater restaurant serving Swedish and Indian ...
Stampede like situation on Ikea's inauguration day as over 40,000 visitors bring Hyderabad to a haltAbout 10,000 customers had visited the store by 4 pm but the crowds swelled later as thousands of office goers headed to the shopping place...
Crowds throng IKEA on opening dayAround 40,000 visitors are said to have visited the Ikea Hyderabad store on its opening day.
IKEA is now open for business in India: Here's what it offersIkea expects its restaurant biz to drive higher footfalls in India, a sharp contrast to other markets.
India is going to be about less planning, more learning: Peter Betzel, CEO, Ikea IndiaWe have big plans for India. Telangana is one of our first identified priority markets, besides Delhi NCR, Maharashtra and Karnataka, Betze...