All Ikea articles
Ikea was founded in 1943 and has been the world’s largest furniture retailer since 2008, with 460 distinctive stores in more than 60 countries. It has a successful business model focused on offering stylish flat-pack furniture at affordable prices. There is a strong emphasis on containing costs across all parts of the business. In the UK, there are 22 Ikea stores, but expansion has now shifted from its big-box format to smaller store formats – urban, pick-up and pop-up. Standard Ikea stores follow a one-way layout, leading customers counter-clockwise around the entirety of the store. Each Ikea store also features a restaurant serving traditional Swedish food.
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News
Former Walmart boss McKenna co-chairs study to uncover secrets of successful retail teams
Former Walmart and Asda director Judith McKenna is to join rugby coaching legend Sir Clive Woodward to identify what makes a great store team.
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News
Ikea sales boosted by soaring click-and-collect orders
Ikea has posted a full-year sales uplift as online sales and click-and-collect orders soar.
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News
Ikea slashes global carbon footprint as revenues surge
Ingka Group, the largest of Ikea’s retail brands, has slashed its carbon emissions by 12.7% year on year while delivering a 30.9% increase in revenue for the same period.
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News
Ikea slashes prices on thousands of products
Ikea has rolled out new lower prices on thousands of products, with more to come by spring.
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Analysis
What will 2024 bring? Retail bosses predict the year ahead
As 2024 begins, what do retailers think will top the agenda for the year ahead? We asked leaders of some of the UK’s biggest retail businesses to get out their crystal balls and make some predictions
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Opinion
Predictions: who will be retail’s winners and losers in 2024?
Who will fly and who will flop in 2024? Retail experts give their tips for the year ahead
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News
Ikea to reward workers with multimillion pay hike
Ikea is to increase the pay of its workers as part of an investment to support workers through the cost-of-living crisis.
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News
Ikea launches more Tesco car park pick-up locations
Ikea will roll out more mobile pick-up points following a successful trial in partnership with Tesco.
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Analysis
Customer 2024: Three trends shaping the digital strategies of H&M, Nike, Ikea and more
As customer expectations continue to rise, retailers must make every online touchpoint count. Building on consumer research, we explore where retailers are already investing to stay ahead of the curve – and what trends will stick.
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News
Ikea launches mattress recycling programme
Ikea is offering a new circular recycling service to transform old mattresses into reusable raw materials.
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News
Ikea unveils plans for city store in Brighton’s Churchill Square
Ikea has bought Brighton’s main shopping centre and today unveiled plans to open a new mini Ikea store within it.
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News
Exclusive: eBay teams up with retailers to tackle furniture waste
eBay has launched the Circular Change Council alongside major retailers to promote circularity and reduce furniture waste.
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News
Ikea UK sales climb as it promises to reduce prices
Ikea has posted strong sales growth and promised to reduce prices in the next financial year.
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Analysis
Inside Ikea’s innovation strategy: Stores, AI and supply chain
Retail Week and WRC’s Global Innovation Report explores how retailers across 18 markets – from Carrefour in France to Alibaba in China – are investing to future-proof their businesses. We take you inside Ikea’s plan of action.
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News
Oxford Street overhaul given the green light
Plans to overhaul Oxford Street with pocket parks, wider pavements and better crossings have been made official.
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Analysis
From source to sale: How retailers are making sense of sustainability
Climate change is accelerating and so are consumer’s environmental concerns. We explore how retailers are stepping up their eco-efforts with investments throughout the supply chain
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News
Ikea to trial car boot sale concept
Ikea is hosting a second-hand Sale in two of its store car parks this weekend to allow customers to buy and sell pre-loved home furnishings.
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News
Ikea Oxford Street store opening delayed by a year
Ikea’s debut on Oxford Street has been hit by delays as the retailer seeks to sustainably renovate the Grade II listed building formerly occupied by Topshop.
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Opinion
‘John Lewis’ ambition to marry humans and AI is the retail holy grail’
John Lewis Partnership has become the latest retailer to focus on the potential of AI following a new tie-up with Google.
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Analysis
How inflation has forced retailers to adapt their loyalty schemes
As inflation has run rampant and customer confidence plummets, retailers have increasingly turned to loyalty schemes to drive sales. Retail Week takes a look at how six retailers have adapted their programmes to appeal to cash-strapped customers