Swedish furniture store chain Ikea is testing two virtual kitchen applications in three of its stores: one in Canada, one in Sweden and one in Belgium (Hasselt). The apps should help customers plan their kitchen better and enhance customer experience.
Swedish furniture store chain Ikea aims to build a new type of store in the United Kingdom, one with a larger focus on sustainability. The plans, which still have to be approved, have met with some resistance from locals.
Swedish furniture chain Ikea has had an excellent fiscal year, with a 7.4 % turnover increase to 35.1 billion euro. Its net profit also grew to 4.2 billion euro, despite major sustainability investments.
In this year's list of 100 best-performing CEO's in the world, compiled by Harvard Business Review, there are four Belgians, but no Dutch CEO's at all. Among them two retailers, as Heineken and Colruyt are led by Belgians.
Danish furniture chain JYSK has decided to expand its online reach to a whole range of new countries. Previously, only Northern Europe had access to its products online, but now the company has an online presence in 18 countries.
Swedish furniture chain Ikea wants to launch a web shop and a smaller store concept in Belgium, which will mainly serve as pick-up locations for online orders. Ikea announced these measures in the wake of good sales reports in its fiscal year 2016.
In its fiscal year 2016, Swedish Ikea group has managed to boost its turnover more than 7 % compared to the year before, with a 5 % like-for-like turnover increase. Online growth even reached 28 %, to almost 1.5 billion euro.