(IN BRIEF) Ingka Investments, the investment arm of Ingka Group — IKEA’s largest retail operator — has acquired U.S.-based logistics technology company Locus to strengthen IKEA’s digital and fulfilment capabilities. Locus’s AI-driven logistics platform optimizes delivery routes, resource allocation, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Food & Beverage, Industrial, Investment, Ireland, Management, Marketing, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged AI logistics, customer experience, digital transformation, e-commerce logistics, fulfilment network, Goldman Sachs, home delivery innovation, IKEA, Ingka Group, Ingka Investments, Ingka Investments acquires Locus to advance IKEA’s digital logistics and last-mile delivery capabilities, Ingka Investments acquires U.S.-based logistics technology firm Locus to enhance IKEA’s global delivery capabilities, Ingka Investments expands IKEA’s digital supply chain strategy through acquisition of Locus, investment acquisition, last-mile delivery, Locus, logistics technology, Made4net, Nishith Rastogi, Parag Parekh, retail technology, route optimisation, Supply Chain Management, sustainable distribution, TaskRabbit, Tolga Öncu
(IN BRIEF) IKEA is launching its first-ever global celebration of the Swedish långbord, with more than 200 stores in at least 14 markets hosting communal dining events beginning September 13. The initiative marks the start of Cooking & Eating Year, … Read the full press release
Posted in Business, Financial, Food & Beverage, Industrial, Investment, Ireland, Management, Marketing, Media, News, Retail, Sweden, Technology
Tagged Apron Day, Australia, Austria, CANADA, communal dining, Cooking & Eating Year, Czechia, Denmark, France, Germany, global celebration, healthy eating, Hungary, IKEA, IKEA Family, IKEA Food, IKEA kicks off Cooking & Eating Year with global långbord celebrations and new product launches, IKEA restaurants, INDIA, Ingka Group, Italy, Japan, KOREA, långbord, Lorena Lourido Gomez, More than 200 IKEA stores host Swedish långbord gatherings as part of worldwide food and cooking initiative, Netherlands, New Zealand, Slovakia, Spain, sustainable food, Sweden, Tolga Öncu
(IN BRIEF) IKEA is preparing to open its first store in New Zealand on December 4, 2025, at Sylvia Park in Auckland. Operated by Ingka Group, the 34,000 m² store will offer more than 7,500 products from day one and … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, Marketing, News, Retail, Technology
Tagged Auckland, Buy Back service, electric vehicle charging, EUR 5 billion investment, Global Expansion, home delivery, IKEA, IKEA Family, IKEA New Zealand opening, Ingka Group, New Zealand, partnership, Pick-Up Points, renewable energy, Slovenia, sustainability, Swedish Restaurant, Sylvia Park, Tolga Öncu
(IN BRIEF) Ingka Investments, part of Ingka Group—the largest IKEA retailer—has made its first Chinese investment in the circular economy with growth capital for Re-mall, a leading recycler of post-consumer packaging waste in China. Using proprietary technology, Re-mall produces transparent … Read the full press release
Posted in Business, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, Marketing, News, Retail, Technology
Tagged China recycling market, circular economy, food packaging waste, IKEA China, Ingka Group, Ingka Investments, Jiangxi province, Lukas Visser, Morssinkhof Rymoplast, partnership, plastic recycling, Pontus Erntell, post-consumer waste, Re-mall, recycled polypropylene, recycling technology, rPP, sustainability, sustainable materials, waste reduction, ZHU Kuan
(IN BRIEF) IKEA continues its long-standing commitment to making food an integral part of the store experience, blending Swedish roots with regional flavors at accessible prices. Ingka Group’s Food division, led by Lorena Lourido Gomez, highlights five “local hero” dishes—Belgian … Read the full press release
Posted in Apparel, Fashion & Beauty, Art & Culture, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Ireland, Management, Marketing, News, Retail, Technology
Tagged affordability, Älmhult, Belgian mussels, cultural identity, home-style dining, IKEA Food, Ingka Group, Ingvar Kamprad, local cuisine, Lorena Lourido Gomez, menu innovation, MSC certification, partnership, Pastel de Nata, plant-based baby Castella, Provençal lamb shank, sustainability, Swedish Meatballs, UK cooked breakfast, Zuidas
(IN BRIEF) IKEA, alongside the European Forest Institute and Preferred by Nature, has launched a research project to improve forest management and enhance biodiversity. Starting with IKEA’s forests in Latvia, the project will test climate-smart forestry methods and explore how … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Non Profit, Retail, Science, Technology
Tagged biodiversity, Carbon Sequestration, climate change, climate resilience, climate-smart forestry, ecosystem preservation, ecosystem services, European Forest Institute, forest certification, forest management, forestry innovation, IKEA, Ingka Group, Inter IKEA Group, Latvia, partnership, Preferred by Nature, responsible forestry, sustainability, sustainable development, sustainable practices, wood sourcing
(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) 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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