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URBAN OUTLET IKEA
IKEA to open new city centre store in Bengaluru next month, expanding urban presenceIKEA is set to open a new city centre store in Bengaluru next month, which will enhance accessibility. The upcoming store will feature an 8...- 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's losses swell, sales growth falls to 6-year lowIkea's India sales have grown by 5% in FY24, marking its slowest expansion since entering the market six years ago. The net loss widened by...
- India ranks no. 1, 2, 3 in Ikea's priority market list for investment: Jesper Brodin, Global CEO, Ingka GroupIndia is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furnit...
- Chinese city of 16 million to shut down over new Covid outbreakChina is the last major economy wedded to a zero-Covid policy, stamping out virus flare-ups with snap shutdowns, mass testing and lengthy q...
- 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 ...
- What’s common between a medieval necropolis and a modern Hyderabad hotel?Architectural devices used by medieval builders of Hyderabad’s heritage complexes hold lessons modern buildings must emulate.
- 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.
- Private equity investment in India retail assets up 15% in 2017 at $800 million: ReportDuring the between July and Dec 2017, demand for retail space remained strong, as international brands such as Tom Tailor, Miniso, Simon Ca...
- 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 ...
- Pepperfry and Urban Ladder's 'offline' idea to ward off global brandsIndia’s largest furniture retailers (both bristle at the etailer tag) are making this strategic shift at a time when the industry itself is...
- This is what kept our celebrities awake in 2016From the suicide of Rohith Vemula in Hyderabad to the disappearance of Najeeb Ahmed at JNU, the young are a worried lot.
- Japan’s Sumitomo Forestry picks up 26% equity stake in SpacewoodSpacewood is a major player in this category, with a pan-India distribution network and tie-ups," said Kirit Joshi co- founder of Spacewood.
- IKEA stores in India closer to reality, Walmart still a far cryAfter a series of presentations, the govt approved IKEA's Rs 10,500 cr proposal in May paving way for it to set up home furnishing stores.
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