IKEA owner Ingka Group sacrifices profit to cut prices and lead sustainability revolution
Ingka Group, the largest IKEA retailer, has reported a steep drop in net profit for fiscal year 2024, driven by its ambitious investments in affordability ... Read More
IKEA’s parent firm just took over Ikano Bank—Is this the big move IKEA customers have been waiting for?
Ingka Group, the powerhouse behind IKEA’s global retail network, has officially completed its full acquisition of Ikano Bank AB (publ). The landmark deal follows critical ... Read More
Major funding news: Pidilite Ventures invests big in home services startup Wify
In a powerful strategic move, Pidilite Ventures Pvt. Ltd., a wholly owned subsidiary of Pidilite Industries Limited, has invested a staggering INR 50 million in ... Read More
IKEA Canada unveils major expansion plans for seamless customer experience
Swedish furniture giant IKEA through its subsidiary IKEA Canada has announced a CAD 400 million investment to ramp up its fulfillment capacities in the Greater ... Read More
IKEA stores owner Ingka Group to acquire 49% stake in Ikano Bank
Ingka Group, the owner of IKEA stores, is foraying into consumer banking, by acquiring a stake of 49% in Sweden-based Ikano Bank from Ikano for ... Read More
IKEA Norfolk opening fixed for 10 April 2019
IKEA Norfolk opening : Swedish home furnishings retailer IKEA is all set to open its 50th store in the US on 10 April at Norfolk ... Read More
IKEA OAK creek opening date : New IKEA Oak Creek store to open in mid-May
IKEA OAK creek opening date : Home furnishings retailer IKEA will open a new store in Oak Creek on 16 May, which will be the ... Read More
IKEA news 2018 : New IKEA fulfillment center to open in Staten Island, NY
IKEA news 2018 : Home furnishing retail chain IKEA has taken an additional warehouse space in Staten Island, New York State to serve as the ... Read More
Home furnishings retailer IKEA to build new furniture store in Marietta, GA
Retail industry news : Home furnishings retailer IKEA has revealed its plans to open its second furniture store in Atlanta, Georgia for which it has ... Read More