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Ingka Centres to invest Rs 5,500 crore in India on second meeting place at Noida
Ingka Centres, part of Ingka Group, will invest 607 million euros to establish its second meeting p…
PTI
Ikea's fleet of 250 autonomous drones takes stock of warehouse inventory without any human intervention
Ikea's partnership with the drone maker Verity fits into its larger plan to improve customer experi…
John Kell
Ikea aims to compete with eBay with launch of secondhand online marketplace
Ikea launched a secondhand marketplace for customers to buy pre-owned items in an effort to compete…
Katherine Tangalakis-Lippert
Ikea is betting you'll come to its coworking space in a mall, then shop at one of its stores
Ikea is adding coworking spaces, food halls, and other amenities to malls that it's buying around t…
Alex Bitter
Ikea says it's going to cut prices this year, and the company's comments on deflation should be setting competitors on edge
The CEO of Ikea told Reuters the company has enough inventory to offset price hikes from any supply…
Huileng Tan
Home decor company Livspace lays off 100 employees
Home interiors and renovation platform Livspace has laid off at least 100 employees as part of cost…
Lidl, Hugo Boss, and other European retailers switch off illuminated logos, keep doors closed, and cut heating as the energy crisis takes its toll
Lidl has switched off lit-up advertising for 18 hours, while Hugo Boss has banned its stores' doors…
Kate Duffy
Ikea is redefining its customer experience — starting with raves
Ikea held two raves — one of which got shut down by the police — to signal its new retail experienc…
Aaron Mok
Ikea is making it easier to buy its famous budget-friendly furniture online
Ikea is spending over $3 billion to turn stores into delivery hubs, while opening smaller locations…
Mary Meisenzahl
IKEA had a final, one-day-only fire sale in Russia as it begins to exit the country — but people ran into issues trying to order
Russians will still be able to buy IKEA products from the Russian website after July 5 as long as t…
Britney Nguyen
Ikea is opening 50 small-format stores globally as it experiments with new retail concepts in 'vibrant urban destinations' during the pandemic
The effort is part of parent company Ingka's "global ambition to evaluate opportunities within 40 m…
Bethany Biron
Coronavirus impact: IKEA grants 26 million euro to protect co-workers, supplier, customers
"These are extraordinary times and our absolute priority is ensuring the health and safety of co-w…
PTI
IKEA's India partner invests in a home design startup that may in turn serve the Swedish retailer
Indian home design and renovation startup Livspace has raised funding from Ingka Group – a key fran…
Home interiors startup Livspace enters Singapore, aims for a $500 million business in 2.5 years
Home interiors and renovation platform Livspace has entered the Singapore market. Through a six-mon…
Ikea is opening its first second-hand store in a mall that only sells recycled or reused products
"At Ikea we don't want to merely be a part of the sustainability movement — we want to lead it," a …