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India a very important market for us: IKEA

Last Updated: Tuesday, August 25, 2015, 16:46

Global home furnishing major IKEA is betting big on India as the next major destination for its global expansion plans.

IKEA buys land in Hyderabad, moves closer to opening India store

Last Updated: Friday, July 10, 2015, 14:04

IKEA, 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.

IKEA raises minimum wage for US workers 2nd year in a row

Last Updated: Wednesday, June 24, 2015, 19:07

Ikea's US division is raising the minimum wage for the second year in a row as the Swedish ready-to-assemble furniture chain looks to improve its relations with workers and reduce worker turnover.

IKEA to make home deliveries in all countries with stores

Last Updated: Wednesday, June 3, 2015, 23:52

Swedish furniture giant IKEA announced Wednesday that it would expand its online sales service to include home deliveries in all countries where it has stores.

Ikea turns furniture into wireless phone chargers

Last Updated: Sunday, March 1, 2015, 20:52

Global furniture giant Ikea announced on Sunday the launch of desks, tables and lamps that will wirelessly charge phones and other devices.

IKEA plans to ramp up sourcing in India, eye new categories

Last Updated: Wednesday, February 11, 2015, 14:38

Swedish furniture retail major IKEA is mulling increasing sourcing of items from India and widening its supplier base in the country.

IKEA India CEO to meet DIPP Secy, to discuss e-commerce

Last Updated: Tuesday, February 10, 2015, 22:13

"The meeting between Kant and Maeztu will discuss its 'make more in India' initiative of the company to increase sourcing from India as the company wants to produce maximum products in India," a source said.

Ikea to double local sourcing by 2020

Last Updated: Monday, January 19, 2015, 18:11

The global home furnishings major Ikea, which currently sources USD 370 million worth of goods from here annually, aims at doubling it by 2020.

IKEA to double sourcing from India by 2020

Last Updated: Wednesday, December 10, 2014, 18:24

World's largest furniture retailer Ikea Wednesday announced a new initiative 'Make More in India' as it plans to double its sourcing from the country to about 630 million euro by 2020.

20,000 seek Ikea jobs in Spain, crashing server

Last Updated: Wednesday, December 4, 2013, 18:35

A flood of 20,000 applications for jobs at a new Ikea store in Spain crashed the company`s Internet server, forcing it to suspend the hiring process, the Swedish furniture giant said on Wednesday.

IKEA looks to scale up furniture sourcing from India

Last Updated: Thursday, November 28, 2013, 17:20

Swedish furniture chain IKEA, which is in the process of establishing its first shop in India, is looking to scale up sourcing of furniture from the country and also plans to procure bigger items for its global operations.

IKEA execs detained over snooping allegations

Last Updated: Wednesday, November 20, 2013, 09:39

Officials say senior executives of IKEA France are in police custody over allegations that they illegally spied on employees and customers.