Ikea UAE, part of Al-Futtaim group of companies, said that its new store on Yas Island in Abu Dhabi will be the biggest ever in Mena and will provide a strong impetus for expanding into Oman and Qatar.
Aldar Properties, Abu Dhabi's leading property development, investment and management company, on Wednesday said it has signed an agreement with Al-Futtaim to build the largest IKEA store in Mena region on Yas Island, Abu Dhabi.
IKEA, one of the world's top furniture retailers, announced on Monday that it has chosen Beijing as the location for its Asian flagship store, which will also be its biggest store outside Sweden, sources reported. The store, which will be located in Beijing's Daxing District and will involve investment of RMB 3 billion, is...
IKEA, one of the world's top furniture retailers, recently shut down three trade offices in Chengdu, Xiamen and Wuhan as part of its efforts to integrate its purchasing businesses in the country, sources reported. On Monday IKEA compensated and laid off the 70 employees in the three offices. Reportedly, the company is...
IKEA, one of the world's top furniture retailers, plans to open more stores in China over the next few years despite the global economic slowdown, the China Daily reported on Monday, citing Linda Xu, public relations manager for IKEA China as saying.IKEA will open one store in Shenyang, the capital city of...
Ikea China, a subsidiary of Sweden-based Ikea Group Co Ltd, plans to lower prices as much as 27% in China in a bid to boost its sales.The Sweden-based home furniture retailer it can afford the price adjustment because increasing procurement in China has lowered its transportation costs...
Ikea China, a subsidiary of Sweden-based Ikea Group Co Ltd, plans to lower prices as much as 27% in China in a bid to boost its sales.The Sweden-based home furniture retailer it can afford the price adjustment because increasing procurement in China has lowered its transportation costs....
Sep. 5, 2008 (China Knowledge) - Sweden-based Ikea Group Co. Ltd, one of the world's largest home furniture retailers, said its Nanjing Ikea store, which involves a total investment of US$54 million, was formally opened...
* IKEA CEO says business picking up in Q1 of 2009-10 year * Says 2009-10 financial year starting better than expected * Says group has gained market share in all markets * Says sticking to...
A new book offers explains how companies such as Apple, BMW, Ikea and Target use design to establish lasting (and lucrative) relationships with consumers...