(IN BRIEF) IKEA has opened its fifth South Korean store in Seoul’s Gangdong district, marking ten years of operation in the country. Located within the mixed-use Gangdong I-Park The River complex, IKEA Gangdong showcases 7,400 products, with over 3,700 available … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Technology
Tagged circular hub, EV delivery, furniture, Gangdong I-Park The River, geothermal energy, home furnishings, IKEA, IKEA expansion, IKEA Gangdong, IKEA Seoul, IKEA South Korea investment, IKEA store opening, Ingka Group, Oxford Street IKEA, partnership, retail innovation, Seoul, South Korea, sustainability, Tolga Öncu
(IN BRIEF) IKEA is planning a groundbreaking two-kilometer-long linear store to replace its signature maze-like layout, prompted by customer complaints about getting lost and over-reliance on GPS navigation. Led by Tolga Öncü, Ingka Retail Manager, the single-floor design allows shoppers … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail
Tagged customer complaints, fast lane, food court, giant meatball, global success, GPS navigation, IKEA, Ingka Group, Ingka Retail Manager, innovative layouts, labyrinthine layout, linear store, security incident, shopper psychology, showrooms, single floor, Swedish retailer, Tolga Öncu, toy snakes, travelator, two kilometers, warehouse, windowless
(IN BRIEF) IKEA is enhancing its customer service by launching 24/7 pick-up lockers in Finland, which are connected to a new, €55 million distribution center in Lommila. This strategic development redefines the function of traditional warehouses by merging operational fulfillment … Read the full press release
Posted in Business, Finland, Netherlands, Retail
Tagged 24/7 pick-up lockers, biodiversity initiatives, customer service, Digital Integration, distribution center, electric vehicle deliveries, Finland, fulfillment, geothermal heating, IKEA, IKEA Retail, Ingka Group, Lommila, Marcus Baumgartner, retail innovation, solar panels, sustainability, UK, €55 million investment
(IN BRIEF) Ingka Group, the largest IKEA retailer, has launched its detailed Net Zero Transition Plan, setting clear actions to reduce greenhouse gas emissions by 50% by 2030 and achieve net-zero emissions by 2050. The plan outlines strategic initiatives for … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Technology
Tagged Circularity, climate change, Decarbonization Plan, greenhouse gas emissions, IKEA, Ingka Group, net zero transition, Paris Agreement, renewable energy, sustainability
(IN BRIEF) IKEA’s Sleep Uncovered report reveals that people are losing an average of 1 hour and 20 minutes of sleep per night, with Mainland China reporting the best sleep quality and the USA and Norway at the bottom. The … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Industrial, Investment, Management, Netherlands, News, Retail, Science
Tagged bedding, comfort, disabilities, disrupted routines, Dr. Tom Crawford, financial insecurity, global sleep habits, GlobeScan, IKEA, IKEA Sleep Formula, LGBTQ+, Mainland China, Norway, schedule, screen time, sleep environment, sleep inequalities, Sleep Quality, sleep report, sleep sanctuary, sleep study, sleep tips, Sleep Uncovered, sleepwear, stress, University of Oxford, USA, vices, wellbeing
(IN BRIEF) IKEA Kreativ has introduced new features to help customers in the UK, US, and Canada design personalized bedrooms for better sleep. The platform now offers room scanning, duvet and pillow combination exploration, and an AI-driven product placement engine. … Read the full press release
Posted in Business, Construction, Industrial, Management, Marketing, Netherlands, News, Retail, Technology
Tagged Better Sleep, IKEA, IKEA Kreativ, INNOVATION, Parag Parekh, Personalized Bedroom Design
(IN BRIEF) IKEA has opened its first UK high street restaurant in Hammersmith, allowing customers to enjoy popular Swedish dishes, including its famous meatballs, outside of a traditional IKEA store. Located beside the newly updated Hammersmith City Store, the restaurant … Read the full press release
(IN BRIEF) Ingka Centres has introduced a new consumer brand, Livli, aimed at transforming European destinations into lively, community-focused meeting places that go beyond traditional shopping. Livli Kungens Kurva in the Stockholm area is the first location to adopt the … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail, Sweden
Tagged Community-Focused Retail, Europe, IKEA, Ingka Centres, Leisure Destinations, Livli, partnership, Sebastian Hylving, shopping, sustainability, Sweden
(IN BRIEF) IKEA and VINÇON are collaborating on an exhibition at Disseny Hub Barcelona, running until February 2025, which explores the shared vision of both brands to democratize design. Titled “100 IKEA Objects We Would Have Liked to Have Had … Read the full press release
Posted in Apparel, Fashion & Beauty, Art & Culture, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, Netherlands, News, Retail, Spain
Tagged Barcelona, Belén Frau, Democratic Design, Disseny Hub Barcelona (DHUB), exhibition, Fernando Amat, IKEA, Ingvar Kamprad, Juli Capella, partnership, sustainability, VINÇON
(IN BRIEF) Ingka Centres, part of the Ingka Group, has signed a purchase agreement to acquire Pasing Arcaden, a popular shopping center in Munich, Germany. The deal, expected to close by Q4 2024, will mark Ingka Centres’ return to Germany … Read the full press release
(IN BRIEF) IKEA has partnered with Adyen to streamline its global payment processes and improve customer experiences across both online and in-store channels. Through Adyen’s financial technology platform, IKEA will gain deeper insights into customer behaviors, enhancing its cross-channel loyalty … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Retail, Sweden, Technology
Tagged Adyen, Global Payment, IKEA, Loyalty Systems, Netherland, partnership, sustainability, Tobias Lindh
(IN BRIEF) IKEA South Korea has implemented advanced automation systems at its Giheung store as part of a global initiative by the Ingka Group to enhance customer experience and operational efficiency. The €11 million investment in technology, including wireless-controlled robots … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Internet & Online, Investment, Management, Marketing, Netherlands, News, Retail, Technology
Tagged automation, E-Commerce, Giheung store, IKEA, Ingka Group, INNOVATION, investment, Marcus Baumgartner, partnership, South Korea, sustainability
(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Retail, Security & Safety, Technology
Tagged AI-powered, Drones, IKEA, Ingka, inventory management, Marcus Baumgartner, Parag Parekh, partnership, safety, sustainability, Tommy Niemierowski, Warehouse Operations, well-being
(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged IKEA, Ingka Holding, Pyjama Gathering, Sleep Improvement Campaign, Sweden
(IN BRIEF) Portugal is taking significant steps towards sustainable transport with the launch of heavy-duty electric vehicles for IKEA product transportation. Starting in late June, KLOG will deploy battery-electric vehicles from Scania to transport goods from the IKEA Industry factory … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Portugal, Retail, Sweden, Transportation & Logistics
Tagged APDL, battery-electric vehicles, Carbon-Neutral Future, charging solutions, Cross-Industry Collaboration, Dariusz Mroczek, decarbonisation, Egídio Lopes, electric vehicles, Electrified Transports, Evalena Falck, Heavy-Duty Electric Vehicles, IKEA, IKEA Industry, Infrastructure Development, João Neves, KLOG, logistics, Pick-and-Drop Solution, Portuguese Port Authority of Leixões, route planning, Scania, sustainable transport, Transport Decarbonisation
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has announced a significant partnership with Extell Development Company to invest in 570 Fifth Avenue, a new mixed-use office and retail tower in New York City. This strategic move marks … Read the full press release
Posted in Business, Construction, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Retail
Tagged Extell Development Company, Fifth Avenue, Gary Barnett, IKEA, Ingka Group, Ingka Investments, New York City, partnership, Peter van der Poel, retail, shopping
(IN BRIEF) Ingka Group, the largest IKEA retailer, has successfully concluded its inaugural IKEA Talents contest, aimed at fostering creativity and unity among its global workforce. Thomas from IKEA Austria emerged as the global winner, impressing with his song ‘This … Read the full press release
Posted in Art & Culture, Austria, Awards, Business, Financial, Industrial, Management, Media, Netherlands, News, Retail
Tagged Awards, creativity, IKEA, Ingka, Jesper Brodin, Talents Contest, Thomas from Austria
(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Retail, Sweden, Transportation & Logistics
Tagged Dariusz Mroczek, Egídio Lopes, Evalena Falck, IKEA, KLOG, partnership, PORTUGAL, Scania Group, sustainability, sustainable transport
(IN BRIEF) Hapag-Lloyd has partnered with IKEA Supply Chain Operations to use sustainable biofuels for container shipments from Asia, a significant move towards maritime industry decarbonization. From March 2024 to February 2025, the partnership will utilize Hapag-Lloyd’s “Ship Green 100” … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Danny Smolders, Dariusz Mroczek, decarbonize, Hapag-Lloyd, IKEA, maritime shipping, partnership, sustainability
(IN BRIEF) During Milan Design Week, IKEA’s “1st” exhibition at Padiglione Visconti becomes a haven for the city’s music scene, celebrating individual journeys towards independence through the fusion of music and design. Featuring nightly performances from various artists like Lorenzo … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Financial, Industrial, Investment, Italy, Management, Media, Netherlands, News, Retail
Tagged "1st" Exhibition, Akeem, Burro studio, Ciao! Discoteca Italiana, design, IKEA, Ingka, Lorenzo Senni, Marcus Engman, Melodies of Milan, Milan Design Week, music, Padiglione Visconti, SLIPMODE
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