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  • UP Investor Summit | Gautam Budh Nagar inks investment proposals worth over Rs 2.76 lakh crore February 10, 2023 07:27 PM IST

    UP Investor Summit | Gautam Budh Nagar inks investment proposals worth over Rs 2.76 lakh crore

    Lulu Group is likely to invest Rs 2,500 crore in Noida to set up a mall and a hotel, Ikea has pledged an investment of Rs 4,300 crore and Adani has sought 700 acres for an industrial and warehousing complex near the Jewar Airport

  • Ikea cuts prices on select articles by 16-39% in India February 07, 2023 07:31 PM IST

    Ikea cuts prices on select articles by 16-39% in India

    The price cuts have been done courtesy of improvements in the overall sourcing, design, product development, packaging and volumes, Ikea India's chief executive and chief sustainability officer Susanne Pulverer told PTI.

  • Man collapses at Ikea store, surgeon shopping nearby rushes to help January 02, 2023 11:09 AM IST

    Man collapses at Ikea store, surgeon shopping nearby rushes to help

    The surgeon performed CPR, which is administered as emergency aid in cases of cardiac arrest or when someone's breathing is impaired.

  • Ikea India net loss widens to Rs 902 crore in FY22; sales up 77% to Rs 1,076 crore October 28, 2022 04:34 PM IST

    Ikea India net loss widens to Rs 902 crore in FY22; sales up 77% to Rs 1,076 crore

    Swedish furniture and home furnishings retailer Ikea’s Indian unit net loss widened to Rs 902.8 crore in FY22 from Rs 809.8 crore in the preceding year, according to financial data accessed by business intelligence platform Tofler.

  • Ikea infuses Rs 600 crore in Indian business September 22, 2022 10:14 PM IST

    Ikea infuses Rs 600 crore in Indian business

    The fund would support Ikea's expansion plans in India.

  • Ikea's Hyderabad store accused of singling out Manipuri shopper for checking August 29, 2022 04:14 PM IST

    Ikea's Hyderabad store accused of singling out Manipuri shopper for checking

    Telangana minister KT Rama Rao and others on Twitter criticised Ikea and asked it to apologise to the customer.

  • Watch: Panic as China Ikea store goes into lockdown due to COVID-19 August 16, 2022 06:57 PM IST

    Watch: Panic as China Ikea store goes into lockdown due to COVID-19

    China has been in the spotlight for its draconian policies to combat COVID-19.

  • IKEA India may increase local production to cut retail prices, says CEO July 28, 2022 11:54 AM IST

    IKEA India may increase local production to cut retail prices, says CEO

    The Swedish retailer is all set to open its fourth store in the country on Thursday, in the R city mall, Mumbai. This will be the third store in the city.

  • It takes time to establish a brand in the market: IKEA India CEO Susanne Pulverer July 27, 2022 06:31 PM IST

    It takes time to establish a brand in the market: IKEA India CEO Susanne Pulverer

    IKEA India is set to launch its fifth store in India in Mumbai on July 28. On the sidelines of the event, the company’s chief executive officer and chief sustainability officer in the country Susanne Pulverer spoke about the company’s ‘cautious’ and ‘different’ store opening approach in India and the resurgence of offline sales post-pandemic.

  • IKEA to open third Mumbai store on July 28 July 20, 2022 12:32 PM IST

    IKEA to open third Mumbai store on July 28

    The 72,000 square foot store will be IKEA’s first in-mall store in India, offering more than 7,000 home furnishing products

  • Can IKEA turn mile-long queues into profitable sales? July 03, 2022 11:06 AM IST

    Can IKEA turn mile-long queues into profitable sales?

    Regardless of their budget, Indian buyers will check out everything that is available. But as many have discovered, seeing isn’t always buying in India.

  • Bengaluru's IKEA store sees nearly 1 lakh footfall in first few days June 27, 2022 07:49 PM IST

    Bengaluru's IKEA store sees nearly 1 lakh footfall in first few days

    Spread over 12 acres, the store located in Nagasandra, right next to the metro station, is so far the retailer's biggest store in India at 4,60,000 sq ft.

  • Ikea in Bengaluru: 3-hour wait to enter store, huge weekend traffic jams June 27, 2022 08:23 AM IST

    Ikea in Bengaluru: 3-hour wait to enter store, huge weekend traffic jams

    Ikea's store in Bengaluru opened for customers on June 22. It is the Swedish furniture retailer's third and biggest flagship store in India.

  • Walk into India’s biggest IKEA store - now open in Bengaluru June 22, 2022 04:43 PM IST

    Walk into India’s biggest IKEA store - now open in Bengaluru

    After Mumbai and Hyderabad, IKEA launches its third and biggest flagship store in India in Nagasandra, Bengaluru. Spread across 4,60,000 square feet, the store showcases thousands of home furnishing products and even houses a 1000-seater restaurant which serves Indian and Swedish cuisine! For details of all you need to know about IKEA’s latest India venture, watch this video.

  • A tour inside IKEA’s newly opened store in Bengaluru June 22, 2022 04:28 PM IST

    A tour inside IKEA’s newly opened store in Bengaluru

    The newly opened store in Bengaluru is located in Nagasandra and spreads over an area of 12.2 acres with 4,60,000 sq ft of commercial space, making it the biggest IKEA store in India. The store began welcoming customers from June 22. It offers a range of well-designed, affordable home furnishing solutions.

  • IKEA’s Bengaluru store, its fourth in India, aims to source 50% of products locally June 22, 2022 06:09 PM IST

    IKEA’s Bengaluru store, its fourth in India, aims to source 50% of products locally

    The Swedish retailer’s India CEO says local sourcing will gradually be increased to 50%. The Bengaluru store currently employs around 1,000 people.

  • IKEA India all set to welcome customers in its Bengaluru store on June 22 June 22, 2022 10:19 AM IST

    IKEA India all set to welcome customers in its Bengaluru store on June 22

    Twenty seven percent of the store’s 7,000 type of products are produced in India. Currently, 48 percent of its workforce are women in the store. Additionally, IKEA plans to employ 10,000 in the state by 2030.

  • In Pics | IKEA India all set to open its store in Bengaluru on June 22 June 21, 2022 08:23 PM IST

    In Pics | IKEA India all set to open its store in Bengaluru on June 22

    IKEA India (part of the Ingka Group), the global Swedish home furnishing retailer, is set to open its third store in Bengaluru, India on June 22 after Mumbai and Hyderabad. The large-format store will be connected to the Nagasandra metro station, making the store accessible for many people.

  • IKEA India to open first store in Bengaluru on June 22 May 31, 2022 11:59 AM IST

    IKEA India to open first store in Bengaluru on June 22

    The 460,000 sq ft store will feature more than 7,000 well-designed home furnishing products.

  • WEF meet: IKEA to open store in Bengaluru in June May 25, 2022 08:45 PM IST

    WEF meet: IKEA to open store in Bengaluru in June

    Karnataka Chief Minister Basavaraj Bommai  met Jesper Brodin, CEO of the Ingka Group, which includes IKEA, on Wednesday at the World Economic Forum in Davos, Switzerland, and discussed the store's inauguration.

  • Storyboard18 x The English Nut: How to pronounce these 10 brand names May 03, 2022 05:49 PM IST

    Storyboard18 x The English Nut: How to pronounce these 10 brand names

    ‘Eve Saan Lorawn’. ‘Zhee-vawn-shee’. ‘Uh-doe-bee’: The English Nut (Sumanto Chattopadhyay) and Storyboard18 present an easy guide to pronouncing hard-to-pronounce brand names.

  • We don’t need special network for women anymore: Ikea India chief Susanne Pulverer March 08, 2022 02:55 PM IST

    We don’t need special network for women anymore: Ikea India chief Susanne Pulverer

    She emphasises on the need for companies to focus on equal pay. “We have policies that support equal pay. It is important that your pay is based on your job and not your gender,” she says

  • Ikea suspends Russia, Belarus operations, affecting 15,000 staff March 03, 2022 04:53 PM IST

    Ikea suspends Russia, Belarus operations, affecting 15,000 staff

    "The war has had a huge human impact already. It is also resulting in serious disruptions to supply chain and trading conditions. For all of these reasons, Ikea has decided to temporarily pause operations in Russia," the company said in a statement to AFP.

  • IKEA India gets its first woman CEO. Meet Susanne Pulverer February 24, 2022 09:27 AM IST

    IKEA India gets its first woman CEO. Meet Susanne Pulverer

    Susanne Pulverer will replace Peter Betzel as IKEA India's CEO and chief sustainability officer.

  • IKEA infuses Rs 850 crore in Indian unit amid expansion plans February 10, 2022 08:24 PM IST

    IKEA infuses Rs 850 crore in Indian unit amid expansion plans

    The Swedish furniture maker in December had said it would invest Rs 10,500 crore in the India business of which Rs 6,000 crore would go to Maharashtra alone.