All Ikea articles – Page 26
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News
Ikea to launch first Latin American store
Ikea has opened its first store in Latin America. The store is located on a 753,500 sq ft plot in the Dominican Republic’s capital Santo Domingo.The store cost $85m (£54.5m) to build and will provide as many as 2,500 direct and indirect jobs.
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Opinion
Watch and learn
Retailers are beginning to emulate the idea-incubating cultures that exist within the most successful technology companies, but there is still some way to go before they admit that failure is not always defeat.
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Analysis
What it’s like to work at… IKEA UK & Ireland
The inside view from human resources operations manager Cathy Donnelly
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News
Ikea buys retail park near Reading
Swedish furniture giant Ikea has bought a retail park in Theale, near Reading.
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News
Kingfisher appoints former global Ikea boss as non exec
Ikea’s former global chief executive Anders Dahlvig is to join DIY giant Kingfisher as a non-executive director.
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News
Ikea: VAT cut had no sales impact
Ikea, the world’s biggest furniture retailer, said last year’s VAT cut did nothing to stimulate its UK sales and that the planned rise next year will be equally insignificant.
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News
Trade buyers circle as Habitat pursues sale
International trade buyers are circling struggling furniture retailer Habitat as its owner considers whether to sell the business.
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News
Dwell hires chairman as it eyes Habitat acquisition
Mid-market furniture retailer Dwell has made Neil McCausland chairman and is considering bidding for all or parts of Habitat if it is put up for sale by Ikea owner ICAF Antillen.
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News
Ikea intends to resume planning for expansion in Russia
Furniture giant Ikea has said that it intends to resume planning for expansion in Russia. The change of heart comes after the retailer won a two-year bureaucratic battle to open a mall in the southern city of Samara.Head of Ikea Russia Per Kaufmann believes that the main stumbling blocks are ...
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News
Ikea opens first store in Republic of Ireland
Ikea has opened in its first store in the Republic of Ireland with a 339,000 sq ft (31,500 sq m) unit in Ballymun on the north side of Dublin.
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News
Ikea cost cutting prepares it for renewed success
Ikea has made an unprecedented number of job cuts as it faces declining sales for the first time in its 65-year history. However, industry observers do not believe the world’s largest furniture retailer is on the wane.
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Analysis
Top 50 retailers: Retail’s premier league
It’s 18 months since Retail Week’s last look at the UK’s top retailers by sales and margins and much has changed in that time. Retail Knowledge Bank senior partner Robert Clark reports
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News
Ikea to suspend further investment in Russia
Ikea is to suspend further investment in Russia, which experts believe is because of apparent corruption and bribery in the country.Ikea Russia director Per Kaufmann said: “Ikea wishes to invest in Russia to serve our customers and bring jobs and growth. Yet, as long as the principal issues being crucial ...
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News
Ikea makes redundancies as growth slows
Ikea has made 5,000 redundancies this year as it seeks to navigate through the toughest furniture market in memory.
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News
Ikea abandons India investment plans
Ikea has abandoned $1bn (£611.2m) investment plans for India due to the red tape that still exists for foreign retail entrants.The furniture giant had been considering launching in India but wanted to do so with full ownership, which the law does not allow foreign retailers to do.After the election of ...
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Analysis
The retail awards no one wants to win
Hindsight is a wonderful thing, but even the best retailers get it wrong sometimes. Charlotte Hardie looks back at some of retail’s biggest strategic blunders and asks what we can learn from them
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News
B&Q takes on Argos and Ikea with furniture launch
B&Q is to go head to head with Argos and Ikea by stocking sofas and other furniture for the first time.
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News
Ikea exercises caution as furniture market toughens
Ikea group president and chief executive Anders Dahlvig has offered some words of warning for retailers in the Western world.