Ikea
This coverage examines Ikea’s operations and strategy within the UK retail market, including store developments, product launches, sustainability initiatives, and leadership decisions. Reporting focuses on how Ikea adapts its business model, supply chain, and customer experience to meet market demands — offering insight for executives, managers, and professionals engaged in homeware, furniture, and large-format retail.
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Sep- 2019 -26 SeptemberHigh Street
Ikea retail sales jump 5% in full-year results
Furniture retailer Ikea has reported a 5% increase in retail sales to €36.7bn (£32.5bn) for the year ended 31 August 2019. Its parent company, the Ingka Group, said this follows a number of investments during the year, including the launch of new Ikea stores in cities, strengthening its home delivery…
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20 SeptemberAdvice
Resurrecting Retail through Improvement of Customer Service
The retail sector is used to bustling sales and packed shoppers during bank holiday weekends. However, the latest data showed a sharp drop of 1.9% in footfall on bank holiday Monday compared to August 2018. Why has this decline occurred? Why are high streets failing to generate equal or higher…
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Jul- 2019 -15 JulyAnalysis
Why the in-store shopping experience is irreplaceable
There’s no denying that the shopping experience has truly transformed over time. However, it’s also important to appreciate that the in-store shopping experience is irreplaceable to any online alternatives. A change in shopping habits More of us know what we want when we walk into a shop. In fact,…
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5 JulyAdvice
Why retailers should consider implementing AI
Artificial Intelligence (AI) along with other digital technologies has fully changed the retail landscape forever because it is enabling new and exciting opportunities, the likes of which have never been seen before. AI is enabling an end-to-end service to customers, meaning those retailers which haven’t already should fully consider implementing…
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Jun- 2019 -17 JuneAdvice
Tailoring the consumer experience
Consumers are increasingly looking for more personal, community-orientated shopping experiences, with a recent IRI survey highlighting that over 50% of UK customers prefer to shop local. While 10 years ago this meant visiting the 7-11 corner shop, a high street butcher or your local fashion store, the revolution of retail…
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May- 2019 -3 MayPeople Moves
Ikea appoints new country retail manager for UK and Ireland
Furniture retailer Ikea has appointed Peter Jelkeby as its new country retail manager with responsibility for the UK and Ireland. Taking over from Javier Quiñones, who joins Ikea USA as country retail manager, Jelkeby said he will lead the on-going transformation of the Ikea business at a “challenging time for…
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Feb- 2019 -25 FebruaryComment
How accessible power can make or break a sale
No matter how well you plan for the launch of a new store or retail space, unpredictable outside forces such as the economy, current trends and even celebrity endorsements can quickly make the next big thing yesterday’s news. A winning combination of prime location and effective design—both inside and outside…
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13 FebruaryDIY
Ikea trials furniture leasing
Swedish furniture retailer, Ikea, has announced it has begun trialling an environmentally-friendly leasing scheme in one of its Swiss stores. Alongside the trial, Ikea has introduced programmes which will see waste reduced, with customers returning old beds and sofas which are then donated to charity by the Swedish retailer. Ikea…
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Jan- 2019 -24 JanuaryComment
Three common factors among retail survivors
It is hard to remember a time when analysts were not being harbingers of doom for the British high street. 2018 saw Toys R Us and Maplin disappear while House of Fraser, Claire’s and Superdry are three of many retailers who have announced profit warnings or store closure. Why are…
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Nov- 2018 -22 NovemberDIY
Ikea’s ‘business transformation’ leaves 350 UK and Irish jobs at risk
DIY giant Ikea has announced that 350 jobs, out of the 12,100 UK and Ireland roles, may be made redundant during the next two years as part of its ‘business transformation’. Ikea’s owner, Ingka Group, said its transformation plan is “assessing all parts of the organisation” and is simplifying it…
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