Ikea challenge to UK stores
Habitat and MFI are closely monitoring the effects of the opening of IKEA’s first UK store.
View ArticleIkea shrugs off planning woes with Yorkshire push
Ikea has bounced back from the setback of a second planning refusal for its Stockport store, and has lodged a new application for a 306,780 sq ft (28,500 sq m) store in Doncaster, South Yorkshire.
View ArticleIkea rolls out staff schedule application to beat queues
Ikea has begun the roll-out of an employee scheduling application to match staffing levels to store trading patterns.
View ArticleTop retailers join environmental initiative
Retail giants Tesco, Marks & Spencer and Ikea are among a raft of high-profile companies to join a new environmental initiative launched by the Mayor of London.
View ArticleIkea launches 90-day mattress policy
Swedish furniture retailer Ikea has launched its 90-day Love It or Exchange It mattress policy today and exclusively revealed the bedroom antics of the UK population in a UK-wide survey.
View ArticleRWCO8: Hogsted relaunches attack on UK planning regime
Ikea mid-Europe manager Peter Hogsted has said the retailer faces less red tape in markets such as China and Russia than in the UK.
View ArticleIkea marks 21 years in UK
Swedish furniture retailer Ikea is celebrating its 21st birthday in the UK this month with the launch of a coffee table book and marketing campaign.
View ArticleIkea products to feature in virtual reality game
Swedish furniture retailer Ikea has taken its famous flat-pack products into the virtual world via a deal with publisher Electronic Arts to launch into its computer game The Sims 2.
View ArticleKingfisher poaches Ikea and DSGi bosses
DIY giant Kingfisher has poached Ikea’s UK chief executive, Peter Hogsted, to head its international division.
View ArticleIkea picks internal candidate to replace Hogsted
Martin Hansson will replace Peter Hogsted as retail manager of Ikea UK after DIY giant Kingfisher poached him to head its international operations.
View ArticleIkea enters mobile phone market
Swedish furniture retailer Ikea has joined retailers such as Asda and Tesco by offering a mobile phone service.
View ArticleSurvey reveals Ikea is world's most trusted retail brand
Ikea has come out on top in a survey of the world’s most trusted retail brands released at World Retail Congress today.
View ArticleIkea global chief says UK furniture worst hit
Ikea global president and chief executive Anders Dahlvig has described the UK furniture market as “the worst he’s ever seen it” and believes there is no other furniture market in the world suffering more.
View ArticleIkea exercises caution as furniture market toughens
Ikea group president and chief executive Anders Dahlvig has offered some words of warning for retailers in the Western world.
View ArticleB&Q takes on Argos and Ikea with furniture launch
B&Q is to go head to head with Argos and Ikea by stocking sofas and other furniture for the first time.
View ArticleIkea makes redundancies as growth slows
Ikea has made 5,000 redundancies this year as it seeks to navigate through the toughest furniture market in memory.
View ArticleIkea cost cutting prepares it for renewed success
Ikea has made an unprecedented number of job cuts as it faces declining sales for the first time in its 65-year history. However, industry observers do not believe the world’s largest furniture...
View ArticleIkea opens first store in Republic of Ireland
Ikea has opened in its first store in the Republic of Ireland with a 339,000 sq ft (31,500 sq m) unit in Ballymun on the north side of Dublin.
View ArticleDwell hires chairman as it eyes Habitat acquisition
Mid-market furniture retailer Dwell has made Neil McCausland chairman and is considering bidding for all or parts of Habitat if it is put up for sale by Ikea owner ICAF Antillen.
View ArticleTrade buyers circle as Habitat pursues sale
International trade buyers are circling struggling furniture retailer Habitat as its owner considers whether to sell the business.
View ArticleIkea: VAT cut had no sales impact
Ikea, the world’s biggest furniture retailer, said last year’s VAT cut did nothing to stimulate its UK sales and that the planned rise next year will be equally insignificant.
View ArticleKingfisher appoints former global Ikea boss as non exec
Ikea’s former global chief executive Anders Dahlvig is to join DIY giant Kingfisher as a non-executive director.
View ArticleIkea buys retail park near Reading
Swedish furniture giant Ikea has bought a retail park in Theale, near Reading.
View ArticleRetail 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.
View ArticleIkea 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.
View ArticleIkea 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.
View ArticleIkea 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.
View ArticleIkea 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.
View ArticleHabitat 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.
View ArticleIkea group profits rise 6%
Furniture giant Ikea has revealed full year net profit growth of 6.1% to €2.7bn.
View ArticleIkea Foundation donates $62m to East Africa relief effort
The Ikea Foundation has donated $62m (£38m) towards the relief effort in East Africa.
View ArticleIkea price cuts power market share advance
Swedish furniture giant invests in online and store revamps as it ‘prepares for uplift’ in market.
View ArticleIndian foreign investment proposals put on hold
Plans to allow foreign investment from global retailers including Tesco, Carrefour and Walmart in India are on ice as the government looks to find a “consensus”.
View ArticleIndian retail investment talks suspended
The Indian government has suspended talks to allow foreign investment from the world’s largest retailers with no clear timeframe in place to re-start discussions.
View ArticleFirst British boss for Ikea UK and Ireland
The UK’s largest furniture retailer Ikea has appointed a new boss to replace Martin Hansson who is relocating to Shanghai to run its Asia Pacific region.
View ArticleIndian government approves single-brand FDI change
The Indian government has approved proposals to allow 100% Foreign Direct Investment (FDI) in single-brand retail.
View ArticleIkea gets green light for new Reading store
Ikea has gained planning permission to open its 19th UK store in Reading, the first to be built in the UK for three years.
View ArticleOak Furniture Land to increase store numbers
Oak Furniture Land is to more than double store numbers over the next 18 months after strong growth in the past year.
View ArticleFlooding hits North East retail
Retailers in the North East are recovering after high winds and heavy flooding attacked stores yesterday.
View ArticleIkea appoints new group chief executive
Ikea Group has appointed Peter Agnefjäll as president and chief executive to replace Mikael Ohlsson, who will step down next September after 34 years with the retailer.
View ArticleIkea eyes €50bn turnover
Ikea is targeting a turnover of €50bn by 2020 as the furniture chain eyes rapid growth in the next decade.
View ArticleUK sales surge at Ikea as £30m investment pays off
Ikea has outperformed the tough big-ticket market to post a 6.3% rise in sales as well as market share gains as the furniture giant revamps its estate to introduce in-store theatre.
View ArticleIkea 'regrets' using forced labour
Ikea has admitted some of its suppliers used political prisoners as forced labour in East Germany under the Communist regime.
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