Page 2 - Ikea

IKEA's malls business to build first shopping centre in India in Gurugram

Managing Director Cindy Andersen says company expected to complete the centre, which will besides an IKEA store also house office space, in late 2025

Top headlines: Voda Idea too raises tariffs; NoBroker becomes an unicorn

Business Standard brings you the top stories on Tuesday

Ikea forecasts more difficult year on supply-chain issues, store closures

Inter Ikea, the worldwide franchiser for the brand, said Wednesday that net income fell 17% to 1.43 billion euros ($1.7 billion) in the 12 months through August

Ikea expects shortages due to supply-chain crisis until mid-2022

Shortages of transport containers and blocked-up ports have snarled logistics for retailers around the world

IKEA to launch India's first city store in Mumbai's Worli

Swedish home furnishings retailer IKEA on Tuesday said it is going to open its first-ever city store in India at Mumbai, which would be more accessible to its customers in the city

Ikea, Rockefeller foundations to pledge $1 billion in clean energy push

IKEA Foundation, Rockefeller Foundation say they plan to set up a $1-billion fund to support renewable energy programs in developing nations.

Ikea, Rockefeller to donate $1 bn for clean energy in developing nations

Announcement comes as rich countries are under growing pressure to deliver on a decade-old climate finance pledge.

IKEA enters Bengaluru, launches ecommerce and mobile shopping app

Swedish home furnishing retailer IKEA announced on Thursday the launch of its eCommerce services and mobile shopping app in Bengaluru. There will be over 8,000 home furnishing products and solutions to choose from, it said in a statement. The company opened its second IKEA India store in Navi Mumbai in December 2020. IKEA already has online presence in Hyderabad, Mumbai, Pune, Ahmedabad, Surat, and Vadodara. The IKEA mobile shopping app features product recommendations, ratings, and reviews, along with "easier" searching and browsing experience, the statement said. Customers can also find a built-in barcode scanner which will help them learn more details about the products, including materials and dimensions, it was stated. IKEA India CEO & CSO (Chief Sustainability Officer) Peter Betzel said Karnataka is a very important market for IKEA and Bengaluru is one of the largest home furnishing markets in India. The company will also open a big IKEA store, close to 400,00

Ikea fined $1.2 million over spying campaign in France, says report

Unit's former CEO gets a two-year suspended jail sentence

Ikea France executives face verdicts for alleged employee spying

A panel of judges is to rule Tuesday whether officials of the French subsidiary of Ikea, spied on union representatives, employees and some unhappy customers

IKEA enters Gujarat through online store and shopping app

Swedish home furnishings retailer on Friday announced the launch of its mobile shopping app and e-commerce offer in three cities of Gujarat Ahmedabad, Surat, and Vadodara. Now customers of three cities can buy IKEA products using the app or order online via the brand website offering nearly 8,000 products, said a statement. Last month, IKEA had launched a shopping app in India, expanding its omnichannel approach in the country. IKEA is building stronger digital capacities and looking to expand to more cities to meet 100 million people in the coming years. IKEA India Country Commercial Manager Kavitha Rao said: "We will offer the full range of IKEA products and solutions for every part of the home including bedrooms, kitchen & dining, living, outdoors, workspaces etc... IKEA will deliver to all pin codes in these three cities. Deliveries can be arranged to most locations within 7 days of placing the order. IKEA India, part of Ingka Group, opened its first retail store in Hyderaba

Ikea steps up online presence in India, to roll out shopping app

The app will be available on both Android and iOS platforms and will offer 7,000 products at competitive price points

Global trade gets rerouted, supply disrupted with Suez Canal still blocked

Swedish furniture giant Ikea and yellow bulldozer-maker Caterpillar Inc. are among the many international companies facing supply-chain headaches

Ikea France goes on trial for spying on employees and customers

Ikea France is being prosecuted as a corporate entity along with several of its former executives in Versailles, southwest of Paris

Ikea rushes to make up lost time on India expansion after delays

The company opened its second India store on the outskirts of Mumbai in December and another in the southern city of Bengaluru is now on course to be completed in 12 months

Business before Atmanirbhar

Many multinationals were already sourcing items across categories from India for overseas buyers

Ikea to increase sourcing of toys from India for scale up ops: Official

Swedish furniture major IKEA, which has a range of over 1,000 products as part of its children's range, is looking to scale up sourcing of toys from India for its operations here

Ikea arm to set up first shopping mall in India for Rs 5,500 cr

48,000 sq m land acquired in Noida; experts say proposed mall will take 2-3 years to build

Top headlines: India to contest Cairn tax award, IKEA India plans 1st mall

Cash-strapped states threaten Modi's double-digit growth goal; China admits 5 soldiers killed in Galwan clash. More on those stories.

IKEA planning first India shopping mall in Noida, to invest Rs 5,500 cr

IKEA said it had bought a 48,000-square-metre plot in the city and would develop the new site into a mall anchored by an IKEA store