IKEA
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Abhishek Kumar Singh Aug 26 2021 - 2 min readGlobal home furnishings retailer IKEA today announced that it is going to open its first city store in Mumbai. This would be more convenient for its customers in the city. IKEA shared the plan of opening a small store in Mumbai by the end of 2021. The company already has two big blue Boxes (stores) ...
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Shahram Warsi May 22 2019 - 3 min readAlso known as minority interest, a minority investment can be termed as a non-controlling share in a company held by an investor or another company. In simpler terms, a minority investment allows a brand to buy or sell a few shares of the company in order to grow a business according to a specific plan ...
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Shahram Warsi Nov 03 2018 - 2 min readIKEA invaded India in the month of August this year by establishing its first venture in Hyderabad. Now the brand is planning to broaden its reach by opening its second store in Navi Mumbai. The Swedish furniture giant is looking to hire 10,000 people, directly or indirectly in Maharashtra in the upcoming two to three ...
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Franchise India Bureau Oct 06 2018 - 1 min readIn order to open three new fulfilment centres (packing warehouses), IKEA, a Swedish furniture and home accessories firm, is looking to invest nearly Rs 3,000 crore in the next three years. The company will launch these centres in Mumbai, Bengaluru and Delhi. Patrik Antony, Deputy Country Manager (Management) of IKEA India, said that the firm would ...
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Franchise India Bureau Sep 15 2018 - 1 min readIKEA Group, the owner of most IKEA stores worldwide, will be using electric vehicles or other zero-emission means to make home deliveries in the inner cities of Amsterdam, Los Angeles, New York, Paris and Shanghai by 2020. This means that 25% of the company’s home deliveries would be zero-emission by 2020. The world's biggest furniture retailer is ...