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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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…
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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,…
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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,…
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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…
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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…
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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…
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Sep- 2021 -9 SeptemberHigh Street
61% of shop workers subjected to offensive behaviour, study finds
Some 61% of shop workers have experienced some form of offensive behaviour while working for their current employer, for whom the impact manifested as stress (45%), anxiety (43%) and a loss of self-esteem (19%), according to a recent survey of 1048 shopworkers by Foot Anstey. Foot Anstey said half of…
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3 SeptemberSupply Chain
Ikea faces disruption to 1,000 UK product lines
Ikea is reportedly facing issues with supplying roughly 1,000 product lines to UK customers as a result of Brexit and the lorry driver shortage. According to The Independent, all 22 of the multinational retailer’s UK sites are experiencing disruptions, with some outlets reportedly running out of mattresses and other items.…
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Jul- 2021 -9 JulyDepartment Stores
Retailers team-up for campaign to tackle climate change
A group of retailers, including Kingfisher, Walmart, H&M Group and Ikea owners Ingka Group, have announced the launch of a new climate change initiative. The Race to Zero Breakthroughs: Retail Campaign has been created in partnership with the COP26 High Level Climate Action Champions and supported by the World Business…
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7 JulyHR
Global retailers join race to zero climate campaign
H&M, IKEA’s owner Ingka Group, Kingfisher, and Walmart have joined forces to launch the “race to zero breakthroughs: retail campaign” climate initiative. The project is in partnership with the UN’s COP26 high level climate action champions, and is also supported by the World Business Council for Sustainable Development (WBCSD). The…
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