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IKEA SMALL OUTLETS
India’s booming economy and young population give it 30+ years of growth potential, says IKEAIKEA India anticipates significant growth in the next three decades, driven by India's economic expansion and a burgeoning young consumer b...- 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 India aims to increase local sourcingIkea’s India unit plans to source 50% of its goods locally and open small-format stores in the National Capital Region ahead of its large c...
- Cancel long drives for Ikea as it plans reaching the neighborhood to connect to peopleIkea plans to open small city outlets along with its mega format stores in India supported by online channel, as the Swedish furniture reta...
- IKEA opens first big box format store in Bengaluru; to invest Rs 3000 crore in KarnatakaIKEA, part of the Ingka Group, has earlier announced it is going to invest Rs 10,500 crore to set up stores across major cities, including ...
- Ikea starts selling its products online to customers in GujaratWith the e-commerce expansion to Gujarat, Ikea is currently servicing six cities in India including Hyderabad, Mumbai and Pune.
- 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...
- 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 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.
- Maharaja sofa: Swedish IKEA stares at a king-size challenge in IndiaIKEA will have to contend with the opulent aesthetic of Maharaja sofa, a symbol of richness for the middle class.
- Ikea opens distribution centre in Pune; to invest Rs 750 crore in MaharashtraThe distribution centre has been set up to service its first store scheduled to be opened in Hyderabad by the middle of the year, followed ...
- Budget 2016: Retailers like Walmart, Tesco to gain as govt allows 100% FDI in multi-brand processed food retailingThis far-reaching reform will benefit farmers, give impetus to domestic food processing industry and create vast employment opportunities, ...
- Cos like Tommy Hilfiger, Swarovski & Nike may soon get a smooth run in India as govt mulls tweaking FDI rulesAddressing long-pending concerns of foreign companies, the government will likely allow them flexibility to simultaneously operate various ...
- Swedish furniture maker Ikea to build suppliers park in TelanganaThe Swedish giant, that sourced $450 million(Rs 2,700 crore) worth of goods from India last year, is looking at building one of India's lar...
- FIPB clears IKEA's proposal to invest in single-brand retailThe proposal will now have to be cleared by CCEA as the FIPB can clear investment applications worth up to Rs 1,200 crore only.
- FDI in retail: IKEA says will comply with rules; will maintain 2 separate comapnies for sourcing & retailingAccording to government regulations for companies that sell goods under a single brand, the 30% local sourcing must be undertaken by the sa...
- IKEA, Centre ease stand on sourcing regulationsIKEA, the world's largest home furnishing retailer, has agreed to comply with India's local sourcing conditions by the seventh year of its ...
- Why you should look forward to IKEA's entry into IndiaThe entry of the 24.7-billion euro Swedish giant will bring in many other positive direct and indirect benefits for India.
- Pavers England applies for licence for single brand retail company in IndiaUK-based footwear company Pavers England has applied for licence to set up a single brand retail company on its own in India.
- Pavers England applies for licence for single brand retail company in IndiaUK-based footwear company Pavers England has applied for licence to set up a single brand retail company on its own in India.
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