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2 mins read
Ikea was losing 60,000 employees a year. Here's how the retailer worked to fix its staff turnover problem.
Ikea tackled high employee turnover rates by increasing wages and offering workers more flexibility…
Erin Snodgrass
1 min read
Swedish furniture company IKEA is launching a collection with Swedish House Mafia for music fans and creators
The over 20-piece collection is called OBEGRÄNSAD, or 'unlimited' in Swedish, and is aimed at music…
Britney Nguyen
3 mins read
These retailers are bucking the trend and opening stores in San Francisco despite the city's 'doom loop'
A number of high-profile retailers shut up shop in San Francisco recently, but others are opening n…
Tom Carter
1 min read
Inside a Swedish H&M store where recycling machines are making new clothes from old fabric
Fast-fashion retailer H&M is betting clothing recycling could eventually solve some of the industry…
Emily Harger,Elizabeth McCaul…
2 mins read
Queen Letizia of Spain took style notes from Princess Victoria of Sweden by wearing a $300 sustainably-made H&M dress
Queen Letizia of Spain concluded her official trip to Sweden wearing the same navy blue H&M gown Pr…
Maria Noyen
2 mins read
Swedish 'buy now, pay later' fintech giant Klarna reports sevenfold jump in losses
Swedish fintech Klarna recorded a loss of $60.6 million in the first half of 2020, despite rising i…
Grace Dean
3 mins read
Ikea in Mumbai: The Swedish retailer is wooing online shoppers in India's financial capital
Swedish furniture retailer Ikea has opened its online for the residents of Mumbai, India's financia…
2 mins read
IKEA’s push to reach 100 million customers in India will see the Swedish retail giant bet on online and smaller stores
With just one large store in Hyderabad and the second one in Mumbai under construction, IKEA has…
1 min read
Pottery Barn signs Deepika Padukone as its brand ambassador
Actor Deepika Padukone has been signed on as the brand ambassador for furnishing retailer Pottery B…
1 min read
Justin Bieber vs H&M: The Swedish fast-fashion giant says it has the rights to sell merch with Bieber's imagery, such as hoodies and t-shirts featuring the lyrics of the song 'Ghost'
Even so, H&M said it still removed the merch from its stores and website "out of respect" for Biebe…
Huileng Tan
1 min read
Spotify reveals it has paid $23 billion in royalties to record labels
Swedish music streaming service Spotify has paid over $23 billion in royalties to rights holders, i…
1 min read
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…
2 mins read
Ikea US president to step down after 36 years with the Swedish furniture giant
"On behalf of all coworkers, we thank Lars for his 36 years of dedication and contributions across …
Áine Cain
6 mins read
'It's nonpareil': How Swedish oat-milk brand Oatly became the undisputed king of a burgeoning $29 million market through its quirky, grassroots approach to marketing
"Their ads are creative and straightforward, and are all tied to their value-proposition and produc…
Tanya Dua
3 mins read
I tried a $5 hangover pill. The next morning, I felt like I'd barely had anything to drink at all.
I took Myrkl, a pre-drinking pill, before post-work drinks with colleagues. The next morning, I fel…
Ryan Hogg
1 min read
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
1 min read
Ikea is massively scaling down its Russian operations, including selling its 4 factories in the country
"The circumstances have not improved ... We do not see that it is possible to resume operations any…
Grace Dean
2 mins read
Swedish fish Oreos are here - but there's a catch
"We know that consumers enjoy variety when it comes to snacking so we create all of our limited-edi…
Hayley Peterson
2 mins read
FDI In Retail May Flourish More As One Of The Biggest Fashion Retailers Is Hitting Indian Shores
Debates – both
politically motivated and economy-focused – might be raging in India regarding
forei…
2 mins read
Ikea has come under fire over allegations it's eating up ancient forests in Romania
The New Republic just released an investigation into Ikea's impact on Romania's forests and logging…