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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Jul- 2022 -1 JulyDIY
Ikea owner launches circular economy hub in Hammersmith
Ikea owner Ingka Group has officially opened a new Library of Things at Livat Hammersmith, a circular economy concept that allows customers to “affordably borrow” everyday items. Items such as drills, sound systems and sewing machines will be available to borrow from the local hub, while Ingka Group said the…
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Jun- 2022 -17 JuneDIY
Ikea to sell Russian factories as it scales down operations
Ikea has announced that it will start the process of finding new ownership for all four of its factories in Russia, and will sell out its home furnishing inventory in the country, as Ikea enters a new phase to scale down business in Russia and Belarus. On 3 March, Ikea…
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1 JuneDIY
Ikea and H&M open Atelier100 space
A new joint venture from H&M and Ingka Group, Ikea’s largest franchisee, has opened its doors to showcase London-based designers and creatives in the capital. The first Atelier100 store, which is located at Livat Hammersmith, officially opens to the public today (1 June), and is the result of a “first-of-its-kind”…
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May- 2022 -16 MayAdvice
The Metaverse: The next retail frontier
The metaverse has burst onto the scene as the next big thing, with Meta CEO Mark Zuckerberg dubbing it the “successor to the mobile internet”. So, what is the metaverse exactly? It’s a group of 3D virtual worlds, built by multiple entities, focused on social connections, that merges both physical…
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10 MayDIY
Ikea stores to receive €3bn investment by end of next year
Ingka Group is set to accelerate its expansion by investing more than €3bn (£2.57bn) in new and existing Ikea stores by the end of next year to help make Ikea more accessible for customers. It said the investment reflects the ongoing retail transformation and the company’s “unchanged determination to get…
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Apr- 2022 -7 AprilNews
Ikea and H&M join forces for new creative programme
Ikea and H&M have joined forces to launch a new design venture for creatives that is set to pilot in London next month. Atelier100 is described as a “unique incubator programme” that aims to provide mentorship and inspiration to creators to help them create “commercially viable products”, and will launch…
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Mar- 2022 -30 MarchDIY
IKEA to close Tottenham store, putting 450 roles at risk
Ikea has announced the proposed closure of its Tottenham store in Edmonton, North London, placing the jobs of 450 co-workers at risk. The announcement forms part of the business’ £1bn transformation plan to further invest in London over the next three years to “better meet the needs” of its customers.…
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7 MarchDepartment Stores
John Lewis halts sales of Russian products
John Lewis has become the latest retailer to make steps towards cutting ties with Russia, having removed Russian-made products from its Waitrose and John Lewis stores. In a statement, the retailer said: “The John Lewis Partnership is removing from sale products in Waitrose and John Lewis that are made in…
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4 MarchDIY
IKEA pauses operations in Russia and Belarus
Ikea has announced its company groups, Inter Ikea Group and Ingka Group, have decided to temporarily pause Ikea operations in Russia. This means that Inter Ikea Group will pause all export and import in and out of Russia and Belarus, and Ikea Industry production operations will be paused in Russia,…
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Feb- 2022 -3 FebruaryDIY
Ikea to recruit 150 tech roles with new recruitment campaign
Ikea has announced a new data and technology recruitment campaign to recruit over 150 technology and innovation roles across Europe this year. As part of the ‘Taste the Future’ campaign, the company will use a 3D printer during the interview process so candidates can design experimental plant-based meatballs, in a…
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