Sections
Ikea
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1.1KRetailIndia-Based Interior Design Startup Livspace Scores IKEA Investment
A popular interior design startup in India, Livspace, has received an investment from Ingka Investments, the venture capital arm of IKEA, according...
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1.8KRetailRetail Pulse: The RealReal Takes Omni Approach To New Store; Amazon Go Opens In NYC
Online brands are exploring the world of physical retail with brick-and-mortar stores, and this week, fashion eTailers continued to expand their brick-and-mortar...
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1.4KRetailIKEA Debuts Central Paris Location
As IKEA moves to create a new range of stores to meet the changing habits of consumers, the furniture retailer opened its...
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4.1KNewsAlexa, Stolen Fingerprints And The Rest Of The Week’s News
It’s the end of a busy week, one full of news about payments and commerce. We here at PYMNTS are as excited...
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2.3KRetailIKEA Opens Planning Studio In NYC
IKEA has opened its first Manhattan store, but it’s unlike any of the retailer’s other U.S. locations. The 17,000 square-foot store, located...
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4.7KeCommerceIkea Dubbed The Amazon Of Furniture
Ikea, the furniture retailer, is reportedly looking at launching an online site that sells its own products as well as furniture from...
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4.1KRetailIkea Uses TaskRabbit Acquisition To Gain Retail Edge
Retail furniture giant Ikea’s recent acquisition of handyman site TaskRabbit shows that it’s aware of competition from other online-only furniture retailers, and...
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4.3KRetailIKEA Tests Subscriptions In The Sharing Economy Age
Brick-and-mortar retailers are reinventing their business models amid changes in consumer preferences and the emergence of the sharing economy. IKEA, which is...
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3.8KRetailIkea Buys A Stake In Traemand To Broaden Its Service Offerings
Ikea’s parent firm, Ingka Group, has purchased a 49 percent stake in U.S. kitchen installation firm Traemand as it pushes to expand and...
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3.4KRetailRetail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder
Big retailers are opening smaller-format stores in major U.S. cities, and IKEA is no exception: It is intending to bring a “Planning...
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3.9KRetailHow Merchants Are Driving Conversions With Five Features
In eCommerce, convenience is the name of the game — and merchants are making it easier for consumers to make the decision...
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3.7KRetailIKEA Unveils Manhattan ‘Planning Studio’ Concept
To allow shoppers to discover and purchase products for home delivery, IKEA is planning on opening a new store in Manhattan that...
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2.6KRetailIKEA Looking For Partnerships With Russian Companies
IKEA wants to form strategic partnerships with Russian companies to expand its online business in the country. According to Reuters, the retailer’s...
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2.6KRetailApple, Nike Lose Favor With Chinese Consumers
A new survey has found that big retailers like Apple and Nike are losing favor in China, as consumers are showing a...
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2.6KRetailIKEA Sets Prices Lower Ahead Of Store Launch In India
IKEA has priced its furniture even lower in India to lure customers to its first store in the country this week. The company...
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2.7KRetail
IKEA Launches Inspiration Experience In Select Cities
IKEA announced that it will commemorate its 75th anniversary this year with a limited-time IKEA Inspiration Experience in New York and Chicago....
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2.0KRetailRetail Pulse: lululemon Gets New CEO; IKEA Gears Up For First India Store
Sales at lululemon athletica have fared well despite retail industry woes, but the company has experienced a challenging start to the year...
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4.2KRetailIKEA Gears Up For First Store In India
Marking a departure from its do-it-yourself business model, IKEA plans to have a 150-person assembly team for its first store in India, located...
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4.3KRetailRetail Pulse: IKEA Axes New Store Plans To Focus On Digital Store
IKEA is slowing the growth pace it has sustained in the U.S. market, axing plans for new stores in three U.S. cities...
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5.3KRetailIKEA Cancels Planned Stores Amid Focus On eCommerce
Following years of U.S. growth, IKEA is reining in its brick-and-mortar expansion efforts: The furniture retailer cancelled planned stores in North Carolina, Tennessee...
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5.7KAmazon DeliveryAmazon Takes Tough Stance On Returns
Remember that old saying, “You break it, you bought it?” A tweak on that might read: “You click on it, you bought...
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3.3KRetailIKEA Rolls Out Rewards Credit Card
Following moves by Amazon and Uber, IKEA is rolling out its own branded credit card. The new Visa card will offer 5...
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5.9KSafety and SecurityTaskRabbit Takes Website, App Down After Computer Hack
TaskRabbit — the freelancer marketplace owned by IKEA, the Swedish furniture retailer — has been the victim of a hack that prompted...
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3.3KRetail
IKEA Unveils Smart-Speaker Line
Continuing its foray into smart-home devices, IKEA is rolling out four smart speakers dubbed Eneby. The launch, however, is the company’s first...
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6.6KRetailBeyond The Buzzword: Harnessing Platforms’ Real Power
Two decades ago, talk of platforms was mostly centered around software, often by academics and engineers in highly technical settings. Today, the...
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5.6KRetail
IKEA’s New CFO’s Strategy To Compete With Amazon
To evolve with changing shopping habits, IKEA has announced plans to keep up with or increase its heavy level of investment in...
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5.9KRetaileBay Plans New Augmented Reality Features
eCommerce marketplace eBay will add new augmented reality (AR) features this year to make shopping on its site more engaging. As a result,...
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7.2KRetailIKEA Tests Furniture Rentals
To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan....
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5.5KRetail
IKEA Looks Toward A Future With AI
When it comes to planning for its future, furniture giant IKEA is trying to figure out how to use artificial intelligence (AI)...
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5.5KRetailIKEA Gamifies Store Openings With VR
IKEA has already done some early work to embrace augmented reality in its brick-and-mortar stores. Through a recent design collaboration with Wavemaker,...
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6.3KRetailBringing ‘Try Before You Buy’ To Interior Design
It looked great in the store, but it didn’t look so great when it got home. It’s a problem all consumers face,...
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5.9KRetail
IKEA Explores New ‘Open-Source’ Design And ‘Co-Create IKEA’ Options
In retail news, Scandinavian home furnishings chain IKEA has announced plans to test full-range showrooms and an “open-source” design, according to reports...
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4.9KPartnerships / AcquisitionsTaskRabbit Acquisition Is Latest Move In Ikea’s Digital Strategy
TaskRabbit, the contract labor marketplace startup known and loved within the gig economy, has been purchased by Swedish home goods giant Ikea....
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5.2KRetailIKEA ARKit App Lets Shoppers Virtually Try Before They Buy
Augmented reality (AR) is making itself right at home in the home furnishing retail space. IKEA, the Swedish home goods giant, has...
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5.3KAppleIKEA Moves Into AR Furniture With Apple Partnership
Following its Worldwide Developer Conference, Apple has another announcement. The tech giant recently shared its new partnership with IKEA and is moving forward...
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Retail
IKEA Offers New Parents Up To Four Months Of Leave
Swedish company IKEA is known for its innovative furniture, but it’s adding a paid parental leave policy to that innovation. The furniture and...
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5.0KRetailIKEA, Getting Experimental And The Power Of The Pop-Up
It is known as the “IKEA effect,” and actual scientific study has been dedicated to it. However, even a non-scientist can watch...
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4.3KRetailIKEA’s Pop-Up Restaurants
Forget Swedish meatballs and beef stroganoff, IKEA is getting into the pop-up restaurant game. The trendy home furnishings retailer is planning to...
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5.5KRetail
IKEA Moves To Up Quality
As it turns out, the consumer aesthetic around fast fashion does not extend to furniture. Consumers are not looking for temporary furniture,...
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6.3KRetail
Ikea Pushes The Digitally Enhanced Pop-Up Store
Ikea is probably not the go-to brand for most consumers when they hear the word high-tech. Swedish meatballs? Sure. DIY furniture? Check....
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7.2KRetail
IKEA Pilots QR Code-Based Mobile Checkout
Mobile payments, particularly in physical locations, have a tendency to fall into the category of solutions in search of a problem to...
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Retail
When Retail Fraud Is An Inside Job
The traditional view of cybercrime is that it is conducted by shadowy figures far removed from the businesses they attack. But, as...
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4.3KRetail
IKEA Thinks Consumers Have Hit ‘Peak Stuff’ (And That They Can Work Around That)
IKEA’s chief sustainability officer Steve Howard has an interesting idea for a man in the business of selling people stuff, namely that...
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Merchant Innovation
IKEA Will Trial New Smaller Store Format In UK
IKEA, the world’s largest furniture retailer, is planning to trial a smaller format store in the U.K. in an effort to reach more...
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News
Ikea To Boost Online Sales
Ikea wants the online share of its sales to grow from almost nothing to 20 percent by 2020, and the retailer is...
