- February 1, 2024
IKEA’s unique, maze-like retail format has consistently appealed to consumers worldwide.
At the core of IKEA’s success lies its self-service and exploration model, where the stores serve as expansive showrooms, encouraging ...
- January 17, 2024
Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help.
Every month, we determine the most ...
- December 12, 2023
The holidays are right around the corner, and holiday shopping is in full swing.
This edition of PYMNTS’ Provider Ranking of Shopping Apps is here to help you pick the right ...
- November 7, 2023
The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to browse. Fortunately, PYMNTS has you ...
- September 20, 2023
Christine Briganti, Financial Services Deployment Project Leader for IKEA, told PYMNTS that the growing embrace of buy now, pay later (BNPL) will help broaden the Swedish furniture retailer’s reach in ...
- September 19, 2023
IKEA has entered the buy now, pay later (BNPL) space with the help of Afterpay.
The world’s largest furniture retailer announced Tuesday (Sept. 19) that Afterpay’s “Pay in 4” service was now available ...
- September 12, 2023
The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience.
This month, there are four ties, and Shein finds itself back in first place.
The Top 5
Shein ...
- June 15, 2023
Overseas retailers, once focused on expansion in global markets, are showing increasing interest in claiming a stake in the United States, seeking to make their presence known both online and ...
- June 14, 2023
IKEA is providing training to call center employees to transform them into interior design advisors.
The initiative by the Swedish furniture giant is aimed at expanding its range of home improvement ...
- May 31, 2023
IKEA stores will soon be operating with a new warehouse management system designed to improve the omnichannel experience.
Ingka Group, which owns and operates IKEA stores in 31 countries, has acquired Made4net, a ...
- May 31, 2023
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus.
Marking a significant shift in retailer strategy, major stores determined to adapt to the reality ...
- May 23, 2023
As brands and retailers look to translate real-life experiences into the online realm, beauty and fashion tech solutions provider Perfect Corp. is looking to augment them.
In its latest development, ...
- May 17, 2023
In line with retailers like Macy’s, Bloomingdale’s, and Century 21, Swedish furniture giant IKEA is also embracing a smaller and more streamlined approach.
With 51 locations in the United States, IKEA ...
- April 20, 2023
IKEA is expanding its omnichannel capabilities with its biggest investment in four decades in the United States.
The $2.2 billion investment over the next three years will add new locations, strengthen ...
- March 21, 2023
Egyptian FinTech Paymob is working with IKEA to give furniture buyers more payment options.
The partnership, announced in a news release provided to PYMNTS Tuesday (March 21), will let customers at ...
- February 14, 2023
Although IKEA’s recent experiments with promotional campaigns have boosted sales, the company is hoping such measures are temporary.
“We are currently seeing growing visitor numbers and growing sales,” Jesper Brodin, CEO ...
- January 6, 2023
The last stop on the customer journey has new respect at IKEA stores and its website.
Speaking with PYMNTS as part of our ACI Merchant Series, Global Payments Manager at Ingka ...
- December 22, 2022
Africa’s online stores are attracting customers with affordable, made-in-Africa furniture design.
For example, Nigerian retailer Taeillo has expanded from a Nigeria-focused business-to-business (B2B) furniture manufacturer to selling thousands of its flat-pack, ...
- October 19, 2022
The discount model of Swedish home furnishing company Ikea appears to be facing strain as the prices of some of its products have risen by 80% in the United Kingdom ...
- October 13, 2022
Today in Europe, the Middle East and Africa (EMEA) news, Ikea reaffirms its commitment to affordability, while Adyen announces the launch of its platform in Mexico.
Ikea Pushes Affordability as Inflation ...
- October 13, 2022
Home furnishings company Ikea said retail sales have picked up over the past year as the world has reopened, but inflation has led to higher prices and supply chain issues ...
- October 3, 2022
Furniture giant Ikea has said all of its home deliveries will be made by electric vehicles by 2025, part of a larger bid by the Swedish company to cut down ...
- September 12, 2022
In today’s news from Europe, the Middle East and Africa (EMEA), Turkish banking regulations are causing banks to pull back on corporate lending, Electrolux is facing weak demand for home ...
- September 12, 2022
As Ikea moves to reinvent its physical retail presence and drive more foot traffic to its stores, the Swedish-founded conglomerate known for its unfussy, ready-to-assemble furniture is expanding the perks ...
- August 19, 2022
A pandemic surge in growth that unexpectedly sputtered post-COVID prompted online home goods retailer Wayfair to lay off 5% of its global staff, affecting 870 employees.
Niraj Shah, CEO, co-founder and ...
- June 23, 2022
Today in retail, Amazon is working on a cheaper, smaller version of its Just Walk Out technology, and U.K. shoppers might soon be able to pay with biometrics. Plus, Ikea ...
- June 23, 2022
In a bid to capture ongoing increases in both online shopping and time spent at home, the world’s largest furniture and home furnishings retailer is turning to technology to give ...
- June 22, 2022
There’s a huge amount of hype, and increasingly, money, being poured into “the metaverse” by some of the largest companies in the world as well as small tech firms that ...
- June 17, 2022
In a move to compete with grocers’ direct delivery offerings, Instacart has announced a new subscription service, Instacart+, an updated version of its previous Instacart Express program with a new ...
- May 9, 2022
Today in retail, Kohl’s board of directors is fighting a takeover bid by an activist investor, while Hasbro’s board urges shareholders to keep them and Puma is trying to capture ...
- May 9, 2022
As if the furniture business were not facing enough challenges already, the industry’s largest player is looking to capitalize on the present turmoil with a fresh competitive threat to its ...
- December 27, 2021
Ikea is one of a number of retailers taking a little and local approach to brick-and-mortar sales. Plus, retailers must take note of the changing needs and desires of consumers.
Data:
17B: ...
- December 22, 2021
Life may get a bit easier for urban, suburban and rural consumers alike who want to shop at a big-box retailer for big-ticket items like furniture.
Big retail ideas often come ...
- December 16, 2021
The Indonesian buy now, pay later (BNPL) platform Kredivo is teaming up with IKEA to offer customers the chance to pay for their furniture in installments.
The partnership, which was announced ...
- November 16, 2021
Price and item availability are among consumers’ biggest concerns this holiday, with inflation surging past 6% and supply chain bottlenecks leaving some shelves bare. To compensate, an increasing number of ...
- October 14, 2021
In today’s top retail news, Walgreens is launching a new business segment focused on expanding the pharmacy chain’s healthcare offerings, while Ikea executives say they don’t see a quick end ...
- October 14, 2021
Home furnishing retailer Ikea said Thursday (Oct. 14) the ongoing supply chain bottleneck means it’s likely to face stock shortages for another year, according to a report in the Financial ...
- August 31, 2021
Micro-influencers are taking the lead in social commerce. Plus, BNPL gains critical mass as Amazon and Walmart jump on board, and IKEA is piloting an offering that includes secondhand sales.
Data:
29M: ...
- August 30, 2021
In today’s top retail news, Ikea is testing a furniture resale program in Pennsylvania, while retail platform Leap sets its sights on helping open over 200 retail storefronts by the ...
- August 30, 2021
Home furnishing retailer Ikea is joining the growing list of companies testing U.S. demand for a secondhand market, with the company saying Monday (Aug. 30) that it will be piloting ...
