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IKEA Owner Announces $2.2 Billion Investment in US Expansion to Compete with Walmart and Wayfair
Ingka Group, the owner of IKEA stores, plans to invest $2.2 billion in the United States over the next three years, marking its most significant investment in a single country. The expansion aims to attract American customers as other major retailers shutter their doors. Ingka Group, the owner of IKEA stores, plans to invest $2.2 billion in the United States over the next three years, marking its most significant investment in a single country. The expansion aims to attract American customers as other major retailers shutter their doors. -
Ikea Unveils First Shopping Mall In West London
Ikea operates 47 additional shopping centres worldwide. Ikea operates 47 additional shopping centres worldwide. -
Ikea Recalls Dishware Owing To Burning Hazard
The agency said Ikea produced some of its dishware using polylactic acid or polylactide material. The agency said Ikea produced some of its dishware using polylactic acid or polylactide material. -
Ikea China To Offer Massive Price Cuts To Tap Into Pent-Up Demand
Ikea will be offering discounts worth more than 200 million yuan on over 250 of its products in China starting September 1. Ikea will be offering discounts worth more than 200 million yuan on over 250 of its products in China starting September 1. -
Ikea Launches First Mobile App In China To Increase Sales
Ikea has just launched its first-ever Chinese mobile app to tap into more tech-savvy consumers in one of its largest markets. Ikea has just launched its first-ever Chinese mobile app to tap into more tech-savvy consumers in one of its largest markets. -
Ikea To Pay $46 Million Settlement In Case Involving The Death Of A Toddler
Ikea has agreed to pay the family of two-year-old Jozef Dudek, who died in May 2017 after an Ikea Malm dresser collapse on him, $46 million. Ikea has agreed to pay the family of two-year-old Jozef Dudek, who died in May 2017 after an Ikea Malm dresser collapse on him, $46 million. -
Ikea Steps Up Efforts For Climate-Friendly Business
Ikea announced plans to go “carbon neutral” by 2030 after it launched an alternative meat offer for vegan consumers earlier this month. Ikea announced plans to go “carbon neutral” by 2030 after it launched an alternative meat offer for vegan consumers earlier this month. -
Major US Retailers Sued Over Edison-Style Bulb Patent
Walmart, Target, Ikea, Amazon, and Bed Bath & Beyond were sued by the University of California Santa Barbara for violating its "filament" LED light bulb patents. Walmart, Target, Ikea, Amazon, and Bed Bath & Beyond were sued by the University of California Santa Barbara for violating its "filament" LED light bulb patents. -
Ikea To Shutdown Only US Factory In December To Cut Costs
The Swedish-founded furniture company announced that it would be closing its facility in Danville, Virginia in December this year. The Swedish-founded furniture company announced that it would be closing its facility in Danville, Virginia in December this year. -
IKEA Testing Furniture Rental Pilot Program In Over 30 Countries
IKEA has announced that it will be rolling out a new program that will allow customers to rent out its products, which should become available in over 30 countries in the near future. IKEA has announced that it will be rolling out a new program that will allow customers to rent out its products, which should become available in over 30 countries in the near future.