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...
India one of biggest growth markets: IkeaIkea has identified India as a key growth market, achieving over 45 billion euros in revenue in FY24 despite global market challenges. As p...
Good news for shoppers! Ikea to begin online sales in Delhi-NCR this week. When is the store coming?Ikea is expanding its presence in India with online sales in Delhi-NCR and 9 other markets this week. It plans to open full-size stores in ...
IKEA plans to launch online deliveries in Delhi, Noida, Gurugram soon: Here's the Latest updateIKEA is launching online deliveries in Delhi-NCR and partnering with Rhenus Logistics. They will use a warehouse in Gurugram to fulfil orde...
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...
Ikea eyes omnichannel expansion and local sourcing in IndiaSusanne Pulverer, CEO of Ikea India, emphasized the company's commitment to long-term growth in the Indian market. She stated, "Our next gr...
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...
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...
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 ...
Touchpoints: That's big boy IKEA's small idea to go onlineBy 2025, IKEA plans to have more than 25 stores across cities with both online and offline approaches.
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...
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 ...
Pollution forces Ikea HQ to head out of Delhi-NCRIkea is readying its “temporary” corporate office in Manyata Embassy Business Park in Bengaluru, which will house about 300 staff.
IKEA gets 23 acre land in Navi Mumbai, to open 400,000 sq ft storeAccording to Maeztu, each IKEA store will employ 500-700 workers directly and another 1,500 indirectly, engaged in providing services.
IKEA battles trademark cases in courts ahead of India store launchLast year, IKEA lost a trademark case in a district court against Quess Corp., which runs staffing businesses under brand IKYA Human Capita...
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...