Sun, Feb 04, 2024
The company, which kicked off its retail operations in India with the opening of its first store in Hyderabad in August 2018, is currently setting up projects in Delhi-NCR that are expected to open in 2025 and will complete its committed investment for 10 years.
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Tue, Jan 30, 2024
This is part of the approach of the entire Ikea brand evolving towards an omnichannel approach globally, acknowledging the challenges of people having less time and the importance of convenience in their purchasing decisions, said Pulverer.
Sun, Sep 03, 2023
Ikea, which has completed five years of retail operations after opening its first store in Hyderabad on August 9, 2018, plans to increase its employee count to 10,000 from 3,000 in the coming years.
Thu, Aug 09, 2018
Swedish home furnishings major IKEA today opened its first store in India, kicking off its retail journey five years after it received approval to invest in the country's single-brand retail sector.
Wed, Nov 01, 2017
The Haryana Urban Development Authority (HUDA) today said it sold approximately 10-acre plot to Swiss furniture maker IKEA for around Rs 842 crore in its single largest property auction till date.
Tue, Mar 14, 2017
IKEA India has announced a new parental leave policy in which all employees, including men, will be entitled to six months of parental paid leave from starting from March month.
Wed, Oct 05, 2016
On a scorching rooftop in a smart neighbourhood in the Indian capital, 40 Delhiites with an eye for a bargain peer over auction tables creaking with used, broken and half-eaten items, the front line of a thriving second-hand economy.
Wed, Sep 21, 2016
Pratik Antoni, Country Head of IKEA said, IKEA looks forward to invest around Rs 10,500 crore in India, starting with 25 stores by 2025.”
Thu, Aug 11, 2016
Swedish furniture maker, IKEA held a ground breaking ceremony in Hyderabad on Thursday which will be India’s first IKEA store. The company stated that the store is set to open in autumn of 2017.
Fri, Jun 10, 2016
IKEA plans to open 25 stores in India by 2025, has already sourced goods worth 315 million euros from India, in which textiles contributed around 70 %. A company which did not have its retail presence in India now aims to sore higher.
Thu, Jun 09, 2016
In 2015, IKEA had sourced goods worth 315 million euros from India, in which textiles contributed around 70% of that.
Sat, May 21, 2016
Chief Executive Gerard Groener, who took over as head of IKEA Centres in March, declined to estimate the value of the properties but said he was confident IKEA would not lose money on the divestments.
Fri, May 20, 2016
Each of its stores in India would employ 500 to 700 workers directly and 1500 indirectly.
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