All Ikea articles – Page 24
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NewsIkea group profits rise 6%
Furniture giant Ikea has revealed full year net profit growth of 6.1% to €2.7bn.
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NewsHabitat enters into fitted kitchen market
Furniture chain Habitat is to begin selling fitted kitchens as it seeks to cash in on the surge in sales in the big-ticket category.
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News
Ikea United Arab Emirates flagship to open in 2012
Ikea’s United Arab Emirates flagship at Yas Marina is set to open in February 2012 and management expects to welcome 1.3 million visitors in the first year, it has been reported. The 355,220 sq ft store is more than three times the size of the Abu Dhabi Marina Mall store ...
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AnalysisMultichannel Now
Based on exhaustive interviews with many of the biggest names in UK retailing, Retail Week’s groundbreaking report Multichannel Now is the definitive guide to multichannel in the UK. Here, in an extract from the introduction to the report, its author Joanna Perry sums up the challenges the multichannel world is ...
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NewsIkea slashes prices in chase for market share
Furniture giant Ikea UK & Ireland is to focus on growing turnover and market share at the expense of profits as it navigates its way through a challenging big-ticket market.
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NewsIkea UK & Ireland full year sales edge up 1%
Furniture giant Ikea UK & Ireland experienced a 1% rise in like-for-likes in the year to August 31 as the retailer grew its share in a difficult big ticket market.
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AnalysisA world of international retail opportunities
Emerging markets globally have retail potential, but could any be the new China? By Tim Danaher
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News
Ikea aims to double stores in China
Ikea has said it aims to more than double the number of stores in China to 18 by 2015, from the current eight. As part of this plan, shopping centre construction company Inter IKEA Centre Group is to open its third mall in China, in Wuhan, Hubei province. IKEA China ...
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News
Ikea to enter South Korea
Ikea Group president and chief executive Mikael Ohlsson has reiterated comments made on a recent trip to Delhi that the retailer is preparing for market entry into South Korea. He has also confirmed the retailer’s plans to enter the Croatia and Serbian markets in the next few years.
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Opinion
Should customers serve themselves?
The debate over self-checkout and self-scanning is not new, with proponents arguing the technology creates a convenient and efficient experience for shoppers, while critics assert that the solution is just a means of eradicating jobs and a wasted opportunity for retailers to enjoy personal interaction with consumers.
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AnalysisSlow road to South Korea will help Ikea’s prospects
Ikea has reported that group sales for the year ended August 31, 2010, rocketed 7.7% to €23.1bn (£19.2bn).
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NewsIkea breaks with history to reveal annual results
Furniture giant Ikea has broken its traditional habit and issued full-year results in acknowledgement of widespread interest in the business.
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NewsIkea eyes Reading for next store
Swedish furniture giant Ikea is preparing a planning application for a new store in Calcot, near Reading. It would be its first store opening in the UK and Ireland in more than a year.
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AnalysisCarrier bag usage
UK retailers are succeeding on their own initiative in reducing carrier bag usage, so why is compulsory legislation needed to ban them?
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NewsIn Focus: Steinhoff
Furniture is retail’s hardest hit sector in a recession. High-profile names such as MFI, Land of Leather and The Pier have disappeared, ScS went into administration but survived and all have struggled. But one group seems to have bucked the trend, at least in turning itself around from four years ...
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NewsRetail recovery remains on course despite VAT rise
Leading retailers have reacted with relief to this week’s emergency Budget and are confident that it won’t derail the retail recovery.
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News
Ikea to harmonise merchandise management systems
Ikea’s global franchise manager, Inter Ikea Systems, has started a new initiative to harmonise merchandise management systems across its international franchisee network.he Swedish home improvement retail franchiser has named K3 Business Technology Group as sole provider of Ikea’s core retail system.
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News
Ikea postpones Ukraine expansion plan
Ikea has postponed a plan to build a network of stores in Ukraine.Oksana Belaichuk, Ikea’s public relations director for Russia and the Commonwealth of Independent States, said: “The leadership of the Ikea group of companies has decided to suspend the search for new land plots and temporarily postpone the plan ...
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News
Ikea seeks 12 new stores in Spain
Ikea will open its first store in the northern region of Galicia in July.The furniture and furnishings retailer has invested e60m (£52m) in the store on a 323,000 sq ft site and it will create 400 jobs.The Spanish press has reported that Ikea wants to open 12 new stores in ...