Sections
Ikea
-
2.3KCoronavirusIKEA Donates 50K Found Masks To Swedish Hospital
On the West Coast of Sweden, workers at an IKEA store stumbled on a coronavirus-fighting treasure trove: 50,000 unused face masks to...
-
3.1KNewsDelivery Wars, B2B Payments, Cereal Makers Top This Week’s News
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest...
-
1.8KRetailRetail Pulse: Gap Teams With thredUP; Pier 1 Looks To Sell As It Closes Stores
Brick-and-mortar retailers are teaming with fashion resale platforms as they support the circular fashion economy. Gap Inc., in one case, is partnering...
-
2.6KNewsToday In Payments: EU Wants PSD2-Like Regs For Big Tech Data; Goldman Sachs Warns Of Market Drop Due To Coronavirus
In today’s top news, the European Commission has plans to pool its data to better compete with Big Tech firms, and Goldman...
-
3.8KMerchant InnovationIs Paying Consumers For Their Time The Future Of Physical Retail?
Among the more famous aphorisms of Benjamin Franklin was his 1748 observation that “time is money” — a fancy way of saying...
-
3.5KRetailIKEA Allows Consumers To Use Time As Currency
With a move that could change how shoppers buy merchandise, IKEA is allowing consumers to essentially pay with their time. IKEA Dubai...
-
2.2KRetailRetail Pulse: 7-Eleven Tests Cashierless Tech; Staples Debuts Connect Store Concept
Brick-and-mortar retailers are testing convenience store designs that let consumers skip the checkout line and pay for their purchases with their mobile...
-
1.8KRetailIKEA To Shutter UK Store Due To Fewer-Than-Expected Shoppers
With the infrequent closing of one of its stores, IKEA is expected to shutter a British location as the retailer says the store had...
-
2.2KRetailIKEA Goes Online In Second Indian Market
Swedish furniture company IKEA now has a second online-only store in India, this one in Pune. The store follows an earlier, similar...
-
2.4KRetailHow Furniture Is Helping Build A Larger Retail Ecosystem
As evidence mounts that more consumers are doing more commerce from the comfort of their homes, there are also big changes when...
-
2.0KRetailIKEA Plans Urban Megastore With No Parking
As the retail landscape adjusts to more online shoppers, traditional brick-and-mortar retailers are reacting to customers’ changing lifestyles – including how they...
-
4.9KAmazonBig Brands Are Cutting Ties With Amazon
IKEA has announced it is cutting ties with Amazon, a move that other brands like Nike, Birkenstock and PopSockets have also done...
-
2.1KRetailRetail Pulse: CVS, UPS Test Drone Potential; Birchbox Grows Walgreens Partnership
Brick-and-mortar retailers are teaming with logistics firms to test drones for delivery — and making progress on their experimental flights. UPS subsidiary...
-
4.5KRetailIKEA, H&M Funding Tech Startups To Sidestep Retail Disruption
IKEA and Hennes & Mauritz (H&M) are putting money into technology startups as a way to help them sidestep retail disruption, the...
-
5.6KGig EconomyHow TaskRabbit, With IKEA, Is Reshaping The Gig Economy
One of the basics of platform design and ignition is getting “anchor tenants” on board who — given their size, scale and...
-
3.1KRetailAs NBA Drama Plays Out In China, Retailers Push Forward
The last few days has brought new retail news from China, as the NBA tries to keep hold of its commerce presence...
-
3.1KRetailHow New Tech Is Changing Furniture Shopping
Look to furniture and home furnishings to drive more retail innovation. That includes robots. The era of robotic furniture is upon us...
-
4.9KInnovationSmart Home Wars Heat Up — Will Apple Catch Up?
The long-term battle for payments and commerce supremacy is hitting close to home — literally. And that battle is increasingly involving the heaviest...
-
3.6KRetailIKEA To Take On Amazon With Expanded Smart Home Offerings
IKEA is making big moves into the smart home ecosphere with its biggest investment in decades. The company wants to become a...
-
2.8KRetailRetail Pulse: Walmart Provides Health Career Path; Inspire Brands To Buy Jimmy John’s
Brick-and-mortar retailers are expanding their efforts to provide customers with health and wellness services while taking steps to train their employees for...
-
4.8KRetailIKEA To Accelerate China Expansion
Following a slowdown in sales growth in the country, IKEA is making its largest annual investment in China. The furniture retailer is putting over...
-
6.4KInternet of ThingsIkea To Launch Dedicated Unit For Smart Home Solutions
Ikea is going deeper into the Internet of Things (IoT), furthering its investment in smart home technology and products, TechCrunch reported on...
-
2.6KRetailIKEA Partners With Ori On Robotic Furniture
The era of robotic furniture is upon us, or it will be in 2020, if IKEA’s partnership with Ori to bring robotic...
-
3.6KRetailHow Consumers Browse And Pay With Digital Technology
With an array of options at their fingertips, consumers find and pay for retail purchases ranging from clothing to cosmetics through a...
-
3.1KRetailIKEA’s New App To Increase Digital, Decrease Physical Store Sales
IKEA is gearing up to roll out a new retail app that will enable consumers to shop online for products they can...
-
2.4KRetailIndia-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...
-
3.7KRetailRetail 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...
-
3.1KRetailIKEA 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...
-
5.0KNewsAlexa, 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...
-
3.3KRetailIKEA 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...
-
6.3KeCommerceIkea 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...
-
7.1KRetailIkea 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...
-
6.5KRetailIKEA 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...
-
4.7KRetailIkea 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...
-
4.2KRetailRetail 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...
-
4.8KRetailHow 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...
-
4.6KRetailIKEA 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...
-
3.3KRetailIKEA 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...
-
3.3KRetailApple, 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...
-
3.4KRetailIKEA 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...
- 3.4KRetail
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....
-
2.7KRetailRetail 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...
-
4.9KRetailIKEA 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...
-
5.3KRetailRetail 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...
-
6.6KRetailIKEA 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...
-
7.4KAmazon 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...
-
4.0KRetailIKEA 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...
-
6.4KSafety 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...
- 3.8KRetail
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...
-
7.3KRetailBeyond 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...
