Ikea goes further north than ever before. Today Ikea Norway signed an agreement for the purchase of land for a new store in Tromsø. Although the department store won’t be… Read more »
Ikea’s plans for new stores in Finland are in danger. The investment decision in Lappeenranta has been postponed until next spring, and a retailproject in Helsinki can be turned into… Read more »
Ikea’s global loyalty program gives the employees a special annual bonus. But it won’t be opened for Christmas. The extra payments will be done after five years – and available… Read more »
Ikea and the City of Vasa has signed a letter of intent. If it goes all the way Ikea will open a department store and an Ikano shopping mall along the highway… Read more »
Ikea now confirms that it plans to abandon its largest department store – and build a new next door. Totally, Ikea plans for 122,000 square meter of retail space at… Read more »
After expansion in Sweden, Ryd’s carclass targets Norway – backed up by Ikea. “We’ll make quite a few acquisitions in the future,” says founder Leif Ryd.
The retail park at Kållered will get a new Ikea department store and a new shopping centre. On Wednesday the municipality of Mölndal signed an agreement with Ikea and its… Read more »
Ikea invests 600 million EUR in seven new stores in France within the next three years. Among the plans are also a click and collect strategy with a central store… Read more »
IKEA Group’s former CEO Mikael Ohlsson is returning to the retail arena. In November he will join the board of Tesco PLC.
The road is open for the next big retail project in Haparanda-Tornio, 70 shops and a hotel that literally crosses the border between Sweden and Finland. The building permit for the… Read more »
The world’s best International Retailer right now is H&M. That’s the opinion of the international CEO-jury of World Retail Awards. Tonight it awarded H&M, Uniqlo and several other international brands… Read more »
Scandinavian Retail is high ranked in the world. Among the nominees for World Retail Awards is H&M, IKEA and the Swedish Lidl-campaign for Dill restaurant. But some of the most interesting… Read more »
Ikea will most likely buy a lot at Moa in Ålesund for a new department store. But now the municipal property company recommends the City Council not to sell.
IKEA plans to invest about 2 billion USD in new and existing Mega shopping malls in Russia by 2020. ”All tenants who are in Russia are very positive to go… Read more »
No surprise ICA and IKEA are Sweden’s strongest brands in their category. But even Elgiganten, Statoil and Kjell & Co can call themselves that.
Russian federal police raided IKEA’s head office outside Moscow just a few hours after new sanctions from EU and the USA. Russian media claims it is an old case about… Read more »
IKEA’s sales in Sweden reached 13,8 billion SEK for the fiscal year ending 31 August – and an increase of visitors to 27,8 million. IKEA Finland reached 313 million EUR,… Read more »
IKEA has reduced the size of a planned store in Reading, UK. The reason is said to be the growth in online shopping.
IKEA is about to say yes to a new store in Tromsø, Norway. According to local paper the deal will be closed in a few weeks. ”I hope they get… Read more »
The Russian sanctions and the overall situation creates uncertainty in Finnish retail projects where Russian tourists are expected to be a part of the customer base. In Lappeenranta, Ikano has… Read more »
IKEA Norway does not accept additional taxes of 123 million NOK. Now the furniture giant files a lawsuit against the Norwegian tax authorities Skatteetaten to have the decision rescinded and… Read more »
10,000 to 15,000 customers a day visit IKEA’s new city concept in Hamburg. “The whole world around IKEA has their eyes towards Altona,” says IKEA Germany’s spokesperson Simone Settergren It… Read more »
Today was the first sod taken for Umeå’s new IKEA shopping center. The center will be in two levels with 35 000 sqm containing 90 shops, restaurants and cafes. The symbolic… Read more »
Älmhult Retail park mainly provides outlet stores. IKEA opened its new store on the site in November 2012. The shopping center opened in the fall and now, 28 May, opens the second… Read more »
Tore Bertilsson will be a new member of the IKEA Group board from September 2014 Tore Bertilsson, the former Executive Vice President and Chief Financial Officer of SKF, will join the… Read more »
Coop invests heavily in Umeå food market. The large and growing residential area Tomtebo in Umeå has long been without a grocery store, but it will change now. Coop, that already has… Read more »