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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Apr- 2021 -21 AprilDIY
Ikea owner to invest £3.4bn into renewable energy
Ingka Group, the holding company which owns the majority of Ikea stores has revealed it has invested of €4bn (£3.4bn) into renewable energy. The investment will support reducing the company’s climate footprint and a broader transition to a net-zero society. In the past decade the group has invested €2.5bn (£2.2bn)…
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19 AprilFeatures
The Suez Canal blockage: An accident with lasting ramifications
Some six days the Ever Given spent blocking the Suez Canal before it was refloated on 29 March, with the Suez Canal Authority (SCA) claiming that the global shipping route was once again “operating in full capacity” on 31 March. However, the fallout and impacts of the week-long incident on…
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9 AprilHigh Street
JD Sports, Frasers Group and Amazon eye Topshop flagship
A number of retailers have reportedly expressed interest in purchasing Topshop’s former flagship store, including JD Sports, Amazon and Frasers. According to Drapers,, the administrators of the 100,000 sq ft store have appointed Eastdil and Savills to explore a sale of the site. It also reports that the London store…
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Mar- 2021 -22 MarchDepartment Stores
Former Ikea execs face prison over espionage allegations
Ikea is appearing in court for allegedly spying on its customers and employees, as two of the group’s former chief executives face up to 10 years in prison. The group’s French subsidiary could receive fines of up to £3.2m after being accused of paying for illegal access to police files.…
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Feb- 2021 -25 FebruaryDIY
Ikea UK hit with £33m loss amid pandemic
Ikea UK has announced that total sales fell by £200m to £1.9bn in its full-year ended 31 August 2020, down from sales of £2.12bn reported in FY19. While the furniture giant decreased its costs by 3.4% to help shore up its finances, it still reported an overall loss impact of…
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15 FebruaryShopping Centres
Coventry Ikea to become national cultural centre
Coventry City Council has announced it is purchasing a former five-storey Ikea story in the centre, with plans to transform it into a multi-purpose collections and cultural facility. The new National Collections Centre will contribute to the economic and cultural legacy from Coventry’s year as UK City of Culture, which…
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Jan- 2021 -15 JanuaryDIY
Dunelm revenues up 11% despite store closures
Homeware retailer Dunelm has reported an 11.8% increase in revenues for the 13-week period ended 26 December 2020, despite having the majority of its stores closed due to Covid-19 restrictions. Dunelm reported revenues of £360.4m during the period, which the retailer said reflected the fact that despite restrictions consumer demand…
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Dec- 2020 -7 DecemberAdvice
Re-energising retail in 2021: Three challenges and one solution
The story of retail in 2020 is one of extreme contrasts. On the one hand, the Amazons, Asos and supermarket operators of the world have all enjoyed tremendous success; on the other, almost every other segment of the industry has been decimated. More than 11,000 chain outlets shut in the…
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2 DecemberDepartment Stores
John Lewis halts international business plans
John Lewis has announced that it is shutting its international business operations only weeks before Christmas, according to The Times. The department store chain is believed to have decided that its international business is too expensive and will stop taking new orders from 9 December. The decision is said to…
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Sep- 2020 -14 SeptemberFeatures
Behind the headline figures: Four reasons for optimism for retailers
The latest retail figures are showing signs of real encouragement for retailers. Retail sales volumes rose a better-than-expected 3.6% in July and are now above pre-pandemic levels. Data from the Office for National Statistics showed that sales rose 2% ahead of a 0.2% prediction by economists, and this was on…
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