DTI wants IKEA to source more local raw materials
The Department of Trade and Industry (DTI) is looking into supplying materials or products for Swedish furniture giant IKEA......»»
Govt wants Ikea to tap local products
Govt wants Ikea to tap local products.....»»
Xiaomi partners with IKEA for smart home lighting products
MANILA, Philippines – Xiaomi has partnered with Swedish furniture giant IKEA, the phone maker announced at their annual MIDC conference in Beijing, China on Wednesday, November 28. Calling it a "strategic partnership," the deal brings IKEA's full range of smart lighting products to the Xiaomi ecosystem, connecting the products to ........»»
Ikea moving into city centers to adapt to consumer changes
WARSAW, Poland --- An airport worker drops by Warsaw's newest Ikea store during her lunch break to finish up plans for a home refurbishment. Around her, people drift in and out of the shop, placing small houseware items in big yellow bags as cafe tables fill up with people just stopping in for lunch. The store is not one of Ikea's out-of-the-way, maze-like warehouses that require a car to visit, but a shop like any other in a city center shopping mall. The Swedish retailing giant plans to open 30 such smaller stores in major cities around the world as part of a broader transformation to adapt to changing consumer habits. Compared with just a decade ago, shoppers are more likely to b...Keep on reading: Ikea moving into city centers to adapt to consumer changes.....»»
IKEA building world’s largest store in Philippines, sets 2020 opening
By Jessica Fenol/ABS-CBN News – Furniture maker IKEA said Tuesday it would open its first store in the Philippines, envisioned to be the world’s largest, in 2020. Once complete, the IKEA store at the SM Mall of Asia will occupy 65,000 square meters, roughly the size of 150 basketball courts, Read more ».....»»
MOA to host P7 billion investments for world’s biggest IKEA store
Swedish furniture giant IKEA is spending an initial P7 billion for its first store in the country which would be the company’s biggest in the world when it opens before the end of 2020 at the Mall of Asia complex in Pasay City......»»
Ikea allots P7B for Philippine store
IKEA has allocated an initial investment of P7 billion to set up its first Philippine store, which at a leased area of 65,000 square meters is described by the Swedish furniture retailer as its largest in the world......»»
Ikea’s biggest store in the world–the size of 150 basketball courts–to open in SM MOA Complex
The world's biggest Ikea store---equivalent to the size of 150 basketball courts---will open by end of 2020 at the SM Mall of Asia Complex in Pasay City. Ikea Southeast Asia made the announcement Nov. 20 at a press conference at SM Mall of Asia. The formal announcement put an end to years of speculation on the Swedish home store giant's much- anticipated entry into the country. Construction for the 65,000-sq-m store is underway in a vast lot between SM MOA Arena and SMX Convention Center, owned by SM Prime Holdings Inc. Ikea Philippines is owned by a franchisee, Ikea Southeast Asia (Ikano Group), which also operates the Ikea stores in Malaysia, Singapore and Thailand. ...Keep on reading: Ikea’s biggest store in the world–the size of 150 basketball courts–to open in SM MOA Complex.....»»
Ikea building world& rsquo;s largest store in Pasay
Ikea building world& rsquo;s largest store in Pasay.....»»
IKEA expands to PH with biggest store yet
IKEA’s first Philippine store will finally open in late 2020 and will also be the Swedish furniture retailer’s largest outlet worldwide, company officials announced on Tuesday. At 65,000 square meters,…READ The post IKEA expands to PH with biggest store yet appeared first on The Manila Times Online......»»
In photos: What to watch out for when IKEA opens its first store in the Philippines
Global furniture retailer IKEA announced on Tuesday its plan to open its largest store in the world in the Philippines in 2020, with a promise to bring with it affordable home furnishings, Swedish meatballs and additional jobs for Filipinos......»»
DI-why? Five challenges for Ikea in India
Indian customers browse at the new IKEA store in Hyderabad on August 9, 2018. Ikea has opened its first Indian outlet, hoping to wow a burgeoning middle class with offerings tweaked to local tastes.....»»
Ikea bets big on India but keeps meatballs off the menu
MUMBAI, India – Furniture giant Ikea is set to open its first store and restaurant in India after years of trying but arguably its most famous item is off the menu – Swedish meatballs. Ikea, the world's biggest furniture retailer, will next month cut ........»»
Ikea bets big on India but keeps meatballs off the menu
Furniture giant Ikea is set to open its first store and restaurant in India after years of trying but arguably its most famous item is off the menu -- Swedish meatballs. Ikea, the world's biggest furniture retailer, will next month cut the ribbon on a massive 37,000 square metre outlet in the southern city of Hyderabad, complete with a 1,000-seater cafeteria. The restaurant will be Ikea's largest and will cater to local tastes, with religious sensitivities in India dictating that beef and pork, staples of Swedish meatballs, will not be served. "There will be chicken meatballs and vegetarian balls," Patrik Antoni, Ikea's deputy country manager for India, told AFP during an in...Keep on reading: Ikea bets big on India but keeps meatballs off the menu.....»»
Ikea’s 1st Philippine store may open within four to six years
By Arra B. Francia, Reporter SWEDISH HOME furnishing retailer Ikea may open its first store in the Philippines in the next four to six years, a company official said. Ikea Southeast Asia Market Development Manager Georg Platzer said the company’s entry in a new territory would usually take about anywhere between five to seven years. […] The post Ikea’s 1st Philippine store may open within four to six years appeared first on BusinessWorld......»»
IKEA PH to open in ‘less than 3 yrs’
Filipinos looking for the IKEA experience will have to continue waiting before the Swedish furniture and home accessories retailer opens its first store in the Philippines. “We are [still]looking for sites and partners,” IKEA Southeast Asia Market Development Manager Georg Platzer told reporters at the sidelines of Monday’s launch of the Philippines-Sweden Business Council. “We [...] The post IKEA PH to open in ‘less than 3 yrs’ appeared first on The Manila Times Online......»»
IKEA partners with mall operator SM Prime for first Philippines store
via reuters.com – Global furniture retailer IKEA AB [IKEA.UL] will in 2020 open its first store in the Philippines located at one of the world’s biggest shopping malls, mall operator SM Prime Holdings Inc (SMPH.PS) said on Friday. SM Prime, the Philippines’ biggest property firm, will build premises at Read more ».....»»
IKEA to open stores in Philippines, looking for designer
By Jessica Fenol/ABS-CBN News – Swedish furniture-maker IKEA will open stores in the Philippines after it found a local partner, a spokesman for its worldwide franchisor said. Inter IKEA Systems B.V. has awarded the franchise right in the Philippines to a company called Ikano, according to its spokesperson, Josefin Read more ».....»»
Swedish IKEA Founder Kamprad Dies at 91
Billionaire IKEA founder Ingvar Kamprad, who turned a business he launched as a teenager into one of the world's best known furniture brands, has died at the age of 91, the Swedish company said on Sun.....»»
Ikea s frugal founder Ingvar Kamprad dies aged 91
STOCKHOLM, Sweden – Ikea founder Ingvar Kamprad, a farmer's son turned multibillionaire who revolutionized kit furniture, has died aged 91, leaving behind a global empire under investigation over its tax practices, the firm said Sunday, January 28. Kamprad "passed away peacefully surrounded by his loved ........»»