Ikea wants to open smaller stores in city centers, starting in 2019. These stores should attract people without cars, a move that should tap into the world’s rapid urbanization and digitization.
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Swedish furniture chain Ikea saw its turnover grow 3.8 % to 34.1 billion euro in its past fiscal year. The Swedes' ambition doesn't end there: a new digital platform and an urban store concept should further raise sales figures.
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Swedish furniture chain Ikea has identified two possible locations for a new store in West Flanders: the Ring Shopping Kortrijk Noord and Ter Biest in Wevelgem.
Technology company Apple and furniture store chain Ikea are collaborating on augmented reality that should be revealed in the fall. The app should give customers the opportunity to see how their purchase fits their own interior.
Only a week after Ikea’s announcement about third party sales, the Swedish furniture store chain reveals its own store on Amazon, filled with an extensive product range.
Swedish furniture chain Ikea wants to launch a pilot program next year, which would bring the chain’s products to third-party web shops like Amazon or Alibaba.
Ikea Dubai released a limited edition of its famous blue Frakta bag. This one includes instructions about how to use the bag in other ways.
Ikea’s current CEO, Peter Agnefjäll, has announced he will step down on 1 September after a five-year stint. At that time, Jesper Brodin will take charge of the Swedish group.
Ikea restaurants’ increasing popularity has empowered the chain’s idea to create restaurants away from their traditional location, inside a furniture store. Ikea Food is one of the Swedish group’s fastest growing divisions.
Jysk, considered to be Ikea's Danish counterpart, will open its first Belgian stores in Schoten and Genk tomorrow. Lanaken will follow with its own store in May and Olen in September.
Ikea will present the living room of the future this week. During the Milan designweek, Salone del Mobile, the furniture store chain will open the Ikea Festival Let's Make Room for Life.
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 Ikea group acquired a 15 % minority stake in Morssinkhof Rymoplast Group, a Dutch plastic recycling plant. It is a sign of how important a circular economy is to the company.
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.
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.