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- 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.…
Read More » -
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…
Read More » -
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,…
Read More » -
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…
Read More » -
Dec- 2021 -9 DecemberDIY
IKEA exceeds Living Wage rates amid pay rise
IKEA has exceeded the new real Living Wage rates in its latest pay increase, which sees staff wages rise to at least £11.30 an hour in London and £10.10 in the rest of the country. Retail trade union Usdaw has welcomed the pay rise, as the union’s New Deal for…
Read More » -
Nov- 2021 -18 NovemberHigh Street
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK. He is joined by Mike Rhydderch,…
Read More » -
1 NovemberDIY
Ikea workers to benefit from £93m Covid bonus
More than 170,000 Ikea employees are set to benefit from a share of €110m (£93m) in recognition of their efforts during the Covid pandemic. The award will be divided among the countries and apply to all Ingka Group co-workers (Ikea Retail, Ingka Centres, and Ingka Investments) employed on 31 August,…
Read More » -
Oct- 2021 -27 OctoberProperty
Ikea to open in former Topshop Oxford Street site
A new Ikea store is set to open its doors in the heart of London with a new location at Topshop’s former Oxford Street site. The new store is planned to open in autumn 2023, and will have a focus on home-furnishing accessories, with a full range available to buy…
Read More » -
21 OctoberSupply Chain
Ikea, Inditex and Amazon sign up to net-zero shipping pledge
Major retailers, Amazon, Ikea and Inditex are among the first to sign up to a first-of-its-kind target to progressively switch all of their ocean freight to vessels powered by zero-carbon fuels by 2040. Through a new collaborative, cargo owner-led network facilitated by the Aspen Institute, the move is designed to…
Read More » -
19 OctoberDIY
IKEA UK joins sustainability partnership
IKEA UK has announced a new partnership with climate solutions charity, Ashden, for the ‘Let’s Go Zero initiative’, a coalition campaign which aims to support UK schools’ efforts to reduce their emissions and calls for government action on greening schools. The campaign will see IKEA UK help to target zero…
Read More »
