(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) IKEA Spain, together with the Guggenheim Museum Bilbao and Ingka Group, is launching the HomeForOurPlanet ideas competition across Spain, targeting young people between 18 and 35. This initiative is designed to mobilize innovative solutions to combat the climate … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Netherlands, Retail, Spain
Tagged 000, Basque Country, carbon neutrality, climate change, climate crisis, community empowerment, Cultural Heritage, Democratic Design, Design Thinking, Disseny Hub Barcelona, environmental solutions, EUR 2, Guggenheim Museum Bilbao, HomeForOurPlanet, ideas competition, IKEA Spain, Ingka Group, innovative design, sustainability, Thyssen-Bornemisza, Young Innovators
(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) 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 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) 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 leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release
Posted in Business, Netherlands, Retail, Switzerland
Tagged CHINA, Cindy Andersen, IKEA retailer, IKEA store, IKEA Xi’an Yanta, Ingka Group, Livat meeting place, Riddes, Switzerland, Tolga Öncu, Xi’an
(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release
Capgemini research highlights a strong connection between sustainability and core-business benefits including increased customer loyalty and brand revenue (PRESS RELEASE) PARIS, 8-Jul-2020 — /EuropaWire/ — Capgemini’s in-house think tank Capgemini Research Institute has released its new report titled “Consumer Products … Read the full press release
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