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.
-
Mar- 2025 -18 MarchNews-In-Brief
Today’s news in brief-18/3/25
Forever 21 has filed for bankruptcy protection in the US for the second time, following a previous filing in 2019. The retailer, once a dominant force in fast fashion, has struggled to compete with foreign competitors and rising costs. While its US stores and website will continue trading during the…
Read More » -
18 MarchDIY
Ikea to open Oxford Street store in May
Ikea has revealed that it will open the doors of its Oxford Street store on 1 May following an extensive environmental upgrade of the Grade II listed building in central London. The new Oxford Street store will offer the traditional “Ikea experience”: a showroom packed with roomsets, a market-hall filled…
Read More » -
Feb- 2025 -10 FebruaryHigh Street
Ikea receives 3,730 job applications in five days for Oxford Street store
Ikea has received 3,730 applications in just five days for its new Oxford Street store which is set to open in Spring 2025. According to Ikea, the high level of interest in the 150 available positions marks the “largest-ever” response the home furnishing retailer has seen in the UK, “breaking…
Read More » -
Jan- 2025 -3 January
Today’s news in brief-3/1/25
Revolution Beauty has resolved its legal dispute with former shareholder Chrysalis Investments through a confidential settlement. Despite earlier threats of claims exceeding £45m, the company paid a “non-material sum” under 1% of Chrysalis’s stock market value. The agreement involved no admission of liability, and Chrysalis dropped further legal action. Chrysalis…
Read More » -
3 JanuaryClothing & Shoes
Hugo Boss appoints new senior vice president global marketing
Hugo Boss has announced the appointment of James Foster as senior vice president global marketing. He has officially joined the company as of January 2025, and takes over from Nadia Kokni. Kokni, who joined Hugo Boss in January 2023, left the company in December to pursue new business opportunities. Foster…
Read More » -
Dec- 2024 -4 DecemberDIY
DFS reshuffles management team in bid to streamline business
DFS has announced changes to its management structure that will bring DFS and Sofology under one team in a bid to simplify the business.As part of this, Sofology managing director Emma Dinnis will step down at the end of this month. Dinnis first joined DFS in 2022, having previously worked…
Read More » -
Nov- 2024 -19 NovemberNews-In-Brief
Today’s news in brief-19/11/24
Morrisons has achieved a significant reduction in its debt, cutting it by £2.4bn as part of a major restructuring. Since the start of 2023, the supermarket’s debt has dropped from £6.2bn to £3.8bn, supported by a £370m ground rent deal with Song Capital. The restructuring extended Term Loan Facilities to…
Read More » -
19 NovemberHigh Street
Ikea to open Oxford Street pop-up ahead of 2025 flagship launch
Ikea has announced it is set to open a new ‘Hus of FRAKTA’ pop-up on London’s Oxford street on the 28th November, as it prepares for its flagship store launch next year. The pop-up is dedicated to “one of the most iconic symbols” of the IKEA brand, the blue FRAKTA…
Read More » -
11 NovemberDepartment Stores
Ikea profits rise despite sales falling 8.9% in FY24
Inter Ikea, owner of the Swedish furniture brand, has reported higher profits despite a decline in revenues during the year that ended on 31 August 2024. In the retail segment, revenues for the group were down 8.9% to €26.5bn (£21.9bn), compared to €29bn (£24bn) in FY23. Meanwhile, operating profit slightly…
Read More » -
4 NovemberFeatures
The future of contactless technologies in retail
With contactless checkouts and touchless transactions rapidly reshaping how people shop, retailers are seeking to harness technology to improve convenience, safety, and efficiency for both consumers and employees. The retail landscape is already saturated with innovations like mobile payment systems, QR code-based payments, and self-checkout kiosks. However, what else lies…
Read More »
