Swedish budget furniture retailer IKEA has announced a new wave of price cuts across Europe as it seeks to revive demand amid rising housing costs and a broader cost-of-living squeeze. The company said it is investing a total of €1.2 billion ($1.39 billion) in price reductions after two Continue Reading
Sweden’s furniture retailer IKEA will more than double its investment in India to over ₹200 billion ($2.20 billion) over the next five years, as it plans to expand its store network and strengthen local sourcing, the company’s top executive said on Monday. IKEA India CEO Patrik Antoni told Reuters that while India is “not a […]Continue Reading
The Swedish home furnishings retailer IKEA India (part of the Ingka Group) announced on Tuesday that its first store in the city will open on June 22. According to a statement, the large-format store will be connected to the Nagasandra metro station. Anje Heim has been appointed as the Market Manager for the Karnataka market […]Continue Reading












