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Retail Asia11/12/2020

Temasek names a new former head of sustainability from Ikea to replace Robin Hu, who will we leaving the role by the end of 2020. Temasek’s current sustainability head Hu will have some of his key function’s taken over by ex-Ikea chief sustainability officer Steve Howard, according to an effective as of January 1 next year. Hu will remain with Temasek […]

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Retail Asia09/12/2020

After almost 70 years, Swedish furniture giant Ikea is scrapping its iconic catalog. The company will no longer produce print and digital versions of the book, it announced Monday. It’s been touted as the most widely-distributed publication in the world, and more copies of the catalog are printed each year than the Bible or Quran. Ikea’s decision […]

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Retail Asia27/11/2020

IKEA’s Ingka Investments is in talks to buy commercial property in prime locations in several big European cities after it finalised its first-ever such acquisition last month, its managing director said. The investment arm of Ingka Group, which owns most IKEA stores, is pushing into the real estate market as part of IKEA’s shift towards […]

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Retail Asia30/09/2020

Building on the first phase opening in December last year, Ikano Centres, part of IKEA Southeast Asia, is excited to launch a new drive-thru concept next to IKEA Batu Kawan in North Malaysia. Focusing on food and beverage (F&B), the drive-thru will be the natural next phase in the development of its meeting place that embraces […]

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Retail Asia17/09/2020

Ikea is to open its second second-hand furniture store in its home country, Sweden, expanding its commitment to the circular economy concept. The store, located in the ReTuna shopping mall in Eskilstuna, will stock used Ikea furniture bought back from customers, repaired and refurbished, giving old Ikea furniture a second life instead of ending up […]

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Retail Asia10/09/2020

Swedish furniture retailer Ikea has yet again stepped out of its aisle, expanding its food range with localized mooncakes for the Hong Kong market. Launching four fruit-flavored ‘snowy’ mooncakes (with non-baked glutinous rice flour as a shell), the mooncakes feature Hongkongers’ favorite mango and chocolate flavors, along with elderflower with kumquat and lingonberry with cream […]

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Retail Asia04/09/2020

Ikea India is proposing an economical solution by sourcing materials from the local market to cut down the budget, according to The Economic Times. The company said it is talking to the government and other players in the market to form furniture hubs. By sourcing wood locally, including Sheesham and bamboo, Ikea expects to cut […]

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Retail Asia28/08/2020

Ikea’s business in South Korea has reported 32.6-per-cent sales growth over the past fiscal year despite the impact of the coronavirus outbreak. The success of the retail business over the period has been attributed to a surge in interest in home furnishings as people remain at home to avoid the pandemic, according to Ikea Korea […]

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Retail Asia17/08/2020

Ikea Thailand has launched a limited collection with local retailer Greyhound Original, which operates fashion shops and restaurants in Southeast Asia. Called “Sammankoppla”, which means interconnect or unify, the Ikea x Greyhound collection offers furniture and home accessories for small-space living. “Since multi-function and creativity is key in order to enable both a small-space living […]

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Retail Asia24/07/2020

Swedish home-furnishing giant Ikea opens an Ikea City store in Shanghai today, its first such outlet in China. The Ikea City opening comes after the Ikea Tmall flagship launch in March as part of the brand’s strategy to broaden the ways it reaches Chinese customers, making the brand more accessible. Located in Jing’an district, the […]

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Retail Asia22/07/2020

The Swedish retailer Ikea’s famous meatballs have gone vegetarian with a new plant-based option going on sale in Europe, and headed for Asia Pacific soon. Meanwhile, in Hong Kong, the current packaged Ikea frozen meatballs and other foods have gone on sale in Market Place supermarkets operated by Dairy Farm Group, which is also the […]

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Retail Asia16/07/2020

Construction interruptions have delayed the expected opening date of the long-awaited Ikea Manila store. Ikea Southeast Asia has released a short video on LinkedIn summarising the company’s progress in various markets. It says that the advent of the Covid-19 pandemic meant construction had to be suspended. The new store, the first Ikea in the Philippines […]

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Retail Asia24/06/2020

Home furnishings giant Ikea has introduced its new environmentally friendly concept store in Szczecin, Poland, dubbed the Ikea Home of Tomorrow. The new store concept was designed for customers who are looking for a zero-waste lifestyle Located in a 120 year-old building, Ikea Home of Tomorrow houses a soil-free home garden featuring a wide range […]

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Retail Asia12/06/2020

Ikea Japan has opened its first concept downtown store in Tokyo. Ikea Harajuku, modeled on smaller compact inner-city Ikea stores popping up in Paris and New York, targets urban apartment dwellers with a smaller range of about 9500 goods selected from its big-box destination shops. The new Ikea Japan store is located adjacent to the […]

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Retail Asia12/05/2020

Ikea Singapore is to open Southeast Asia’s first ‘small-store’ concept at Jem mall in the city’s west. The announcement today follows news last week that local department store Robinsons was vacating the space. The change of anchor is a perfect example of how consumer shopping preferences – and thus the balance of mall tenancies – […]

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Retail Asia28/04/2020

Furniture and homewares giant Ikea is reporting a quick return of customer footfall to its stores in China as they reopen after the Covid-19 crisis. The company opened another three of its large-format stores in Mainland China last week, including one in Wuhan city, and others in Germany and Israel, as movement restrictions were eased. […]

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Retail Asia27/04/2020

Ikea Macau opened its doors yesterday, the first of the Swedish furniture homeware retailer’s stores in Asia which does not feature the brand’s traditional one-way ‘winding path’ format. The 90,000sqft store, the territory’s first Ikea, opened at Nova Grande residence’s shopping mall in Taipa. It includes an Ikea Cafe, Swedish Food Market and has 600 […]

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Retail Asia20/04/2020

Home furnishings giant Ikea has joined an alliance of key industry and political groups in calling for a renewed commitment to long-term climate change initiatives despite the immediate urgency of the coronavirus pandemic. The European Green Recovery Alliance includes more than 180 political decision-makers, business leaders, trade unions, NGOs and think tanks working to reinforce […]

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Retail Asia07/04/2020

International furniture and homewares retailer Ikea’s investment arm Ingka has bought US-based AI innovator Geomagical Labs, known for its hi-tech solutions that inspire consumers shopping for furnishings. The 3D and AI technology developed by Geomagical Labs will be used to help customers to take 3D photos of their rooms and experiment with home furnishing solutions […]

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Retail Asia18/03/2020

Swedish furniture chain Ikea and Pizza Hut Hong Kong have teamed up to create a full-sized pizza table shaped exactly like the tiny plastic table (the “sava”) included in pizza boxes. The product is part of a collaboration that has also resulted in a new pizza recipe using Ikea’s meatballs – and comes packed in […]

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