All Ikea articles – Page 25
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NewsIkea gets green light for new Reading store
Ikea has gained planning permission to open its 19th UK store in Reading, the first to be built in the UK for three years.
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Ikea signs franchise agreement in Indonesia
Home furnishings retailer Ikea has signed a franchise agreement with the Indonesian publicly listed retail conglomerate PT Hero Supermarket. “Ikea gives rights and responsibilities to [Hero] to open and operate Ikea stores in Indonesia,” a statement to the Jakarta Stock Exchange revealed, without providing details on the investment value and ...
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Ikea plans first Croatian store
Home furnishings retailer Ikea plans to open its first store in Croatia at the end of 2013, the Croatian Times reported.Following a meeting with company officials, the Swedish ambassador to Croatia, Fredrik Vahlquist, said long-term plans included the opening of two more stores in Rijeka and in the Dalmatian city ...
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AnalysisA safe passage to India
India is one of retail’s most attractive developing markets, but it’s also one of the most difficult to enter. Liz Morrell reports on how the doors are beginning to open.
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Analysis10 ways to compete with Amazon
Amazon’s sales growth this week showed that the etailer continues to power on. It commands respect from retailers, but its relentless expansion also generates fear. We assess how retailers can best compete with the digital Goliath. Gemma Goldfingle and Alex Lawson report.
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AnalysisIkea can’t leave quality behind in bid for growth
In a year that brought several high-profile failures in the UK’s home and home improvement sectors, including the demise of Focus, Möben and Dolphin, Ikea was busy enjoying another record breaking year.
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Ikea to pursue growth avenues
Home furnishings retailer Ikea Turkey’s general manager Fuat Atalay has told local press that the group will pursue several avenues of growth over the next five years. Its strategy includes the opening of three new stores, the launch of a transactional ecommerce site for the whole country and better targeting ...
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AnalysisThe secrets of a successful store
In this exclusive extract from former Ikea chief executive Anders Dahlvig’s book, he assesses what makes a great shop.
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NewsIndian government approves single-brand FDI change
The Indian government has approved proposals to allow 100% Foreign Direct Investment (FDI) in single-brand retail.
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Ikea to open South Korean store in 2014
Ikea has acquired a 841,715 sq ft plot in Gwangmyeong, Gyeonggi Province, Chosun Ilbo reports. The home furnishings retailer plans to open a store on the site in 2014.Ikea Korea said that, to cater for local consumer habits, delivery and assembly services would be provided through a subcontractor.
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AnalysisReview of the Year 2011: 12. December
Mary Portas finally revealed her 28 recommendations to revive the high street.
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NewsFirst British boss for Ikea UK and Ireland
The UK’s largest furniture retailer Ikea has appointed a new boss to replace Martin Hansson who is relocating to Shanghai to run its Asia Pacific region.
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Ikea clarifies Russian market plans
Ikea has clarified its plans for the Russian market over the next few years and expects to invest e180m (£154m) to open three new stores. The shops will be located in Moscow, St Petersburg and one of the country’s other ‘megacities’ with a population over 1 million. The Moscow store ...
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NewsIndian retail investment talks suspended
The Indian government has suspended talks to allow foreign investment from the world’s largest retailers with no clear timeframe in place to re-start discussions.
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NewsIndian foreign investment proposals put on hold
Plans to allow foreign investment from global retailers including Tesco, Carrefour and Walmart in India are on ice as the government looks to find a “consensus”.
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NewsIkea price cuts power market share advance
Swedish furniture giant invests in online and store revamps as it ‘prepares for uplift’ in market.
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AnalysisIndia’s historic reforms will draw international players
The Indian cabinet has passed the bill on foreign direct investment (FDI) and agreed to allow 51% holdings in multi-brand and 100% in single-brand retail, making it one of the biggest economic reforms in the country’s history.
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OpinionLook hard enough, and retail’s glass is half full
The Chancellor’s Autumn Statement will have prompted a brief sigh of relief from retailers.
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Ikea plans fourth Russian store
Home furnishings retailer Ikea aims to at least double its store count in Moscow. The retailer is understood to be planning a fourth store that would be its largest in Russia to date. The project involves a 50-hectare shopping centre located in Mytishchi, just north of Moscow, and will be ...
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Ikea reveals sales increase
Ikea has revealed that sales rose 6.9% in the year ended August 31, 2011 to reach nearly E25bn (£21.7bn). Over the year, the retailer cut prices and added stores to drive sales. The weak economy meant customers switched to smaller ticket items. Chief executive Mikael Ohlsson confirmed the company’s interest ...