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Ikea acquires 13-acre site for its first retail store in Hyderabad

Jul 10, 2015

Ikea acquires 13-acre site for its first retail store in Hyderabad

Ikea, the world's largest furniture retailer, today said it has purchased its first land in the country in Hyderabad, moving closer to its plan of setting up 25 stores in India at an investment of Rs 10,500 crore over the next decade. #Telangana #Telengana #IKEA #Furniture #"Internet Doomsday" virus
No more siestas: In Beijing, furniture chain Ikea bans customers from napping on furniture

Apr 07, 2015

No more siestas: In Beijing, furniture chain Ikea bans customers from napping on furniture

Swedish furniture chain Ikea has banned customers from napping on the furniture displayed in a store in Beijing, where hundreds of shoppers come everyday to enjoy the air conditioning and furniture comforts with no intention of buying, Efe news agency reported. #World #China #NewsTracker #Beijing #IKEA #Furniture Firm #Swedish furniture firm
Cheap Ikea print displayed in art museum: Watch what unaware art critics say about 'masterpiece'

Mar 19, 2015

Cheap Ikea print displayed in art museum: Watch what unaware art critics say about 'masterpiece'

YouTube channel lifehunterstv took a print from Ikea worth 10 euros and displayed it at Museum Arnhem in the Netherlands to see if they could trick some serious art connoisseurs and critics by asking their opinion on the so called "masterpiece." #ThingsWeLike #art #Museum #IKEA #Prank #Art critics #lifehunterstv #Museum Arnhem
Ikea commits Rs 600 crore in Maharashtra, plans 2-3 outlets in state

Mar 14, 2015

Ikea commits Rs 600 crore in Maharashtra, plans 2-3 outlets in state

Ikea India had in September signed an MoU with the Telangana government for establishing its store in the state #Telengana #IKEA #Mahasrashtra #Devendra Fadnavis
Ikea wants another tweak in sourcing norms; will the Modi govt oblige?

Feb 12, 2015

Ikea wants another tweak in sourcing norms; will the Modi govt oblige?

If Ikea is lucky enough, the new government will ease up the process of doing business for single brand retailers #single-brand retail #IKEA #DIPP #FDI Policy #Nirmala Seetharaman
IKEA India CEO meets DIPP's Amitabh Kant, plans to enter new segments

Feb 11, 2015

IKEA India CEO meets DIPP's Amitabh Kant, plans to enter new segments

IKEA India executive officer Juvencio Maeztu who met DIPP secretary Amitabh Kant today briefed officials of the commerce and industry ministry about its business plans. #Business #NewsTracker #textiles #Amitabh Kant #DIPP #IKEA India #Juvencio Maeztu
Haggling was the highlight of foreign retailers' FDI battles in 2013

Dec 17, 2013

Haggling was the highlight of foreign retailers' FDI battles in 2013

Be it Swedish furniture retailer IKEA's push to let it open cafeterias at its outlets as part of its Rs 10,500 crore investment in India or Walmart's quibble over sourcing requirements for foreign multi-brand retailers, there was no end to pushing the envelope. #Walmart #NewsTracker #FDI #Bharti #retail #Tesco #Tatas #IKEA #H&M
Not Hyderabad, Ikea's first India store may be in Greater Noida

Oct 24, 2013

Not Hyderabad, Ikea's first India store may be in Greater Noida

For each store the company plans to acquire around 12-17 acres of land. The outlets will include a showroom, a market hall, a self-service warehouse along with a restaurant, the report added. #Uttar Pradesh #Greater Noida #IKEA #Furniture #CorporateStartegy
Ikea begins search for 'right location at right price' for India stores

Oct 14, 2013

Ikea begins search for 'right location at right price' for India stores

The company, which has set up a new product development centre in India, also said it is primarily focusing on textiles to enable development on the factory floor and optimise production, while also exploring other materials like wood, metal, plastic and lighting. #CorporateStrategy #Anand Sharma #IKEA #Mikael Ohlsson