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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Jun- 2023 -1 JuneNews
Ikea owner acquires supply chain solution provider Made4net
Ingka Group, owner of Ikea, has recently acquired Made4net, a leading US-based supply chain software solution provider, to improve its order fulfilment landscape. As part of its business development investments portfolio and overall retail transformation, Ingka Group will integrate Made4net’s fulfilment operations system to improve the omnichannel experience for customers…
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May- 2023 -10 MayNews
Ikea opens new 452,000 sq ft Dartford distribution centre
Ikea UK has recently opened a new 452,000 sq ft customer distribution centre in Dartford, Kent. This new multi-million pound facility will enable faster, more sustainable home deliveries to customers in London and the southeast of England, according to the group. Located at the former Littlebrook Power Station site near…
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Apr- 2023 -5 AprilSponsored Articles
Furniture brand boosts revenue by 20% with clever planning technology
Key facts Online-only DTC e-commerce merchant specializing in high-end, flatpack furniture, established in 2015 Uses Inventory Planner for real-time forecasting, intuitive buying recommendations and daily inventory reporting Impact: Sales revenue boosted by 20%, £200K saved on stock holding, cash flow protected, overstock eliminated Sales growth of 95% over the last…
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Mar- 2023 -24 MarchDepartment Stores
Ikea signs legal agreement with EHRC to tackle sexual harassment
Ikea UK has signed a legal agreement with the Equality and Human Rights Commission (EHRC), to improve its policies and practices in relation to sexual harassment after a complaint by a former employee. The agreement comes after the EHRC was made aware of an allegation of sexual assault and harassment…
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Feb- 2023 -27 FebruaryPeople Moves
John Lewis hires new design director
John Lewis has appointed Charlotta Elgh as its first director of design for home. The retailer revealed a shift in the design direction for home and Elgh will be spearheading this move with her spring collection. This will include moving away from multiple trends to introduce a new, “pared back…
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Dec- 2022 -19 DecemberDepartment Stores
Ikea UK profits fall by nearly a fifth despite £2.2bn in sales
Ikea UK has announced that its profits have fallen nearly a fifth to £49.6m, despite posting sales of £2.2bn for the full year ended 31 August 2022. The company’s total online sales grew to 36% compared to 19% in 2019. Consumers also returned to stores, with store visitation increasing by…
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Nov- 2022 -29 NovemberDepartment Stores
Ikea invests £12m in cost of living support package
Ikea has announced that it is investing £12m in a pay increase and wellbeing support package for staff across the UK and Ireland to support them during the cost-of-living crisis. Salaried staff will receive a pay rise of 6% on average, in line with the retailer’s commitment to paying a…
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23 NovemberHigh Street
M&S tops YouGov’s best UK brand poll
M&S has been ranked as the UK’s best brand in YouGov’s annual Global Best Brand Rankings. The rankings are based on the index score from the YouGov Brand Index, which is a comprehensive measure of overall brand health calculated by taking the average of impression, quality, value, satisfaction, recommend, and…
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Sep- 2022 -13 SeptemberDepartment Stores
John Lewis, Primark, Aldi to shut stores all day for Queen’s funeral
A number of retailers have confirmed they will shut all of their stores on the day of Queen’s funeral on 19 September as a mark of respect. Retailers including John Lewis, Homebase, WH Smith, B&Q, Primark, Tesco, Sainsbury’s, Argos, Ikea, Poundland and grocers Aldi and Sainsbury’s will shut all of…
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Aug- 2022 -2 AugustNews
JD Sports names Régis Schultz as new CEO
JD Sports Fashion Plc has appointed Régis Schultz as the company’s new CEO, effective September 2022 when interim CEO Kath Smith will undertake a full handover of duties, and Smith will then resume her former role as senior independent director on the board. Schultz has a wealth of retail experience…
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