IKEA: News
30 Dec 2024
IndiaIKEA's India sales growth hits 6-year low amid rising losses
IKEA, the world's largest furniture retailer, has reported a 5% increase in its India sales for FY24. This is the slowest growth rate since the company entered the Indian market six years ago.
04 Nov 2024
GermanyIKEA to pay €6 million to German prisoners: Here's why
Global furniture retailer IKEA has pledged to donate €6 million (₹53 crore) to a government fund to compensate victims of forced labor during Germany's communist era.
09 Sep 2024
HyderabadIKEA to open smaller stores in India, expand online presence
IKEA, the world's largest furniture retailer, is preparing for its second phase of growth in India.
12 Jun 2024
IrelandIKEA's $5,000 loss per worker exit led to pay hike
IKEA, the Swedish furniture giant, has been grappling with a significant turnover of employees in the US, UK, and Ireland.
15 Apr 2024
TechnologyIKEA's new gaming furniture range is designed for everyday homes
IKEA is set to transform the gaming furniture industry with its latest offering, the Brännboll collection.
28 Feb 2024
India'Stores in major Indian cities': IKEA CEO outlines expansion strategy
In an interview with CNBC-TV18, IKEA CEO Jesper Brodin discussed the company's ambitious expansion plans in India.
28 Nov 2023
TechnologyIKEA expands its smart home lineup with three new sensors
IKEA is broadening its smart home lineup with the launch of three budget-friendly Zigbee sensors. These include Parasoll, a door and window sensor; Vallhorn, a motion sensor; and Badring, a water leakage sensor.
29 Aug 2022
HyderabadIKEA accused of racism at Hyderabad store, faces massive backlash
Following widespread condemnation over alleged racist behavior by its employees at its Hyderabad store, Swedish furniture retailer IKEA has stated it "regrets the inconvenience" the complainants have experienced.
24 Aug 2021
MumbaiIKEA to launch first city store in Mumbai
Swedish home furnishings retailer IKEA on Tuesday said that it is going to open its first-ever city store in India in Mumbai, which would be more accessible to its customers in the city.
19 Jan 2021
Union BudgetIndia to hike import duties on smartphones, electronics, etc.: Report
India is reportedly considering a hike in import duties by 5-10% on smartphones, electronic components, and appliances among more than 50 items in the upcoming Union Budget.
09 Dec 2019
AppleStories of five CEOs with learning disabilities to know about
People with learning disabilities face numerous challenges in their day-to-day lives and often struggle to do things most of us take for granted.
10 Jun 2019
Urban LadderUrban Ladder sacks dozens of employees in mass layoff
In a desperate cost-cutting measure, renowned furniture and home decor retailer Urban Ladder has sacked dozens of employees from its workforce.
20 Dec 2018
IndiaAfter Hyderabad, IKEA eyes Noida with Rs. 5,000cr investment
A few months after opening its first Indian store in Hyderabad, Swedish furniture giant IKEA has now set its sight on Noida.
17 Nov 2018
Air PollutionIKEA might have a fix for Delhi's pollution woes
Every year during winter Delhi gets engulfed in a blanket of smog, and so far, authorities have had very little success in tackling the problem of air pollution in the national capital.
03 Sep 2018
HyderabadHyderabad: Worm in biryani costs IKEA fine and Twitterati's ire
Almost a month after serpentine queues dotted its Hyderabad store, IKEA has been slammed after a customer found a worm in the vegetable biryani served to him.
10 Aug 2018
IndiaMissed IKEA's opening in Hyderabad? Walk through with us
India got its first IKEA store in Hyderabad yesterday. It was a hit: thousands lined up to check out the world-famous chain on Day-1 itself, creating a stampede-like situation.
09 Aug 2018
IndiaFurniture giant IKEA's first India store opens today in Hyderabad
IKEA, the world's biggest furniture retailer, is all set to launch its first India venture today, as it inaugurates its massive store in Hyderabad's Hitec City.
08 Jul 2018
LondonFIFA: After England defeat Sweden, delirious fans devastate IKEA's London-store
An IKEA store in Stratford, London, faced the brunt of jubilant English fans on Saturday after England defeated Sweden in the FIFA World Cup to advance towards semifinals for the first time in nearly three decades.
14 Jun 2018
HyderabadBusiness Roundup: Here are today's top 5 Business news
Missed today's business headlines? No worries, here's your daily business dose.
12 Jun 2018
IndiaBusiness Roundup: Here are today's top 5 Business news
Hola! Missed the business headlines of the day? No worries, here's your daily wrap of business news.
02 Jun 2018
MicrosoftBusiness Roundup: Here are today's top 5 business news
Here comes your daily business news wrap, have a 'byte'.
21 Apr 2018
SingaporeThis robot can assemble IKEA chair without any human help
The Control Robotics Intelligence Group (CRI) at the Nanyang Technological University, Singapore, has developed a fully-automated, two-armed robot that can assemble an IKEA chair kit without human help.
28 Jan 2018
WorldIKEA founder Ingvar Kamprad dead at 91
IKEA founder Ingvar Kamprad died in his sleep at his home in Småland, southern Sweden, the company has announced. He was 91.
12 Jan 2018
XIKEA wants women to pee on its ad. Here's why
Known for quirky ads, IKEA has come up with arguably its most controversial yet.
19 Dec 2017
NetherlandsEU authorities investigating IKEA's tax affairs
The European Commission is set to investigate Swedish multinational giant IKEA's corporate tax structure.
02 Nov 2017
Navi MumbaiIKEA's latest India purchase: A Gurugram plot at Rs. 842cr
IKEA has purchased a 10-acre plot in Gurugram Sector 47 at Rs. 842cr from the Haryana government. This is the biggest ever deal by HUDA (Haryana Urban Development Authority).
