Swedish home furnishing retailer IKEA has revealed plans to close its store in R City Mall, Mumbai, India by mid-2024. Opened in 2022, the R City Mall store was part of IKEA's strategy to explore ...

In a bid to increase the offline presence in India, Swedish furniture retailer IKEA is now planning to open one of its large format store in Mumbai. Speaking on the sidelines of Retail Leadership ...

IKEA will build a 400,000 square feet in Mumbai and has received a land parcel for the same, the Swedish furniture retailer said on Friday. The 23-acre site in Navi Mumbai is the second land ...

Ikea may be used to gala events where thousands of people throng every store opening anywhere in the world. But the latest one in Navi Mumbai is likely to be a relatively sombre affair thanks to ...

Reuters Ikea went online in Mumbai before opening a store, the first time it has done this in the world India's $40bn (£29bn) "home and living" market - of which furniture and furnishings is a ...

IKEA India has rolled out a fresh OOH campaign across Mumbai, Bangalore, and Hyderabad that taps into relatable dialogues and ...

Such retail realty investments point towards a long gestation period... Typically, a store like IKEA’s in Navi Mumbai requires a cost of `12,000 per sq. ft just for land and construction.

IKEA had a good start with a high-impact, buzz-creating launch of the IKEA Navi Mumbai store in December 2020 during the COVID-19 pandemic even though the store had to temporarily close a few times ...

After Bengaluru, Mumbai, Hyderabad and Gurugram, Ingka Centres, which is part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), has unveiled this project in Uttar Pradesh ...

Furniture giant IKEA has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany’s communist dictatorship, in a move campaigners ...

LONDON, Oct 10 (Reuters) - Swedish furniture retailer IKEA urged China on Thursday to deploy further stimulus, after the government announced a package of measures to reinvigorate an economy ...

Pam Danziger reports on retail, focused on the luxury consumer market. Ikea celebrated its 80th anniversary last year, having grown to be the world’s largest furniture retailer, with a reported ...