October 17, 2017

Company News

URBAN LADDER: Order the furniture you want to, sitting at homeedit

Choosing furniture for home or office is a big challenge in itself. Going to the stores then compromising between the Limited Variety is the compulsion of most customers. Time also gets spoiled and no furniture is available. If you order your choice and make furniture, then it is so expensive that it is frightening to think about, but now the problem has come to an end. URBAN LADDER is an online platform that brings solutions to your every problem in choosing furniture, within your budget.

Publication: Bhopal Samachar

Date: October 17, 2017

Competition and Industry News

Ikea: why we have a love-hate relationship with the Swedish retaileredit

The Swedish giant is the Marmite of retail outlets: you either love it or you hate it.

But that hasn’t held it back; in the 30 years since it opened the doors of its first UK shop in Warrington, its popularity with British shoppers has steadily grown.

Fans point to the Scandinavian designs at affordable prices, the bold modernist patterns and blond wood aesthetics. Plus the meatballs of course.

Publication: BBC

Date:  October 17, 2017

Snoman Logistics bets big on IKEA dealedit

BSE-listed Snowman Logistics bagged an exclusive deal from IKEA, the global home furnishing retail major, to manage backend operations of its in-store restaurants business in India. The value of the deal was not known.

Publication: ET Retail

Date: October 17, 2017

This festive season, transform your life with mega offers from Godrej Interioedit

As the festive fervor sets in, India’s leading furniture solutions brand in both the home and institutional segments, Godrej Interio is offering its customers assured discounts on every purchase under the festive scheme. Customers will also get scratch cards on the total value of the purchase which can win them mega discounts of up to 100%. The offer commenced on September 15th and will end on December 15th in the East and North East markets. In South the offer will continue till December 20th. This season, one would be eligible for free gifts worth upto a significant sum of MRP Rs. 15500/- with the purchase of mattress.

Publication: NRI News 24×7

Date: October 17, 2017

‘Stranger Things,’ ‘Game of Thrones’: Pop Culture Tightens Halloween Holdedit

While there’s nothing wrong with old stand-bys like witches, sexy nurses and the ever-popular pirates, experts say this Halloween is going be more influenced by binge-watching than classic costume themes.

Shoppers are already seeking out all things Stranger Things, for example, with the long-awaited Season 2 of the Netflix hit set to begin Oct. 27. (The world’s already gone gaga for the trailer.) Besides selling costumes based on the hit series, seasonal retailer Spirit Halloween is running a contest so people can attend the premier. And Target has just introduced a whole new line of Stranger Things’ merchandise, including collectible toys, Season 1 packaged to look like a VHS tape, and “What would Barb do?” t-shirts.

Publication: Media Post

Date: October 17, ...

Plan International Canada declares #GirlsBelongHere to mark the sixth International Day of the Girledit

To mark the day, girls in Canada and around the world are stepping into positions of leadership and influence, in sectors such as politics, business, education, and journalism, to demonstrate every girl’s right to realize her full potential.

Publication: New Kerala

Date: October 17, 2017

Snowman to provide logistics service for IKEA’s food bizedit

IKEA, the world’s largest furniture retailer, which is in the process of setting up a 1,000-seater restaurant in Hyderabad, has selected Snowman Logistics as the logistics partner for its food business in India.

The agreement will involve Snowman Logistics, a subsidiary of Gateway Distriparks, managing the back-end of IKEA’s Hyderabad restaurant, as well as others planned in India.

Publication: The Hindu Business Line

Date: October 17, 2017

Pepperfry augments revenue stream with launch of B2B channeledit

Online furniture and home products marketplace Pepperfry’s recently launched B2B business has started contributing 8 per cent to it’s revenue, the company claims.

Pepperfry has partnered with builders and architects to design and provide looks for 1/2/3 BHK homes, which they in turn sell to home owners, receiving a commission for every sale.

Publication: The Hindu Business Line

Date: October 17, 2017

Traders see 40% drop in Diwali salesedit

A nationwide traders’ association on Monday claimed a 40 per cent drop in Diwali sales across India this year, partly blaming the “chaos” caused by “glitches in the goods and services tax”.

According to the Confederation of All India Traders, consumers seem ready to buy only essential commodities without displaying the “flair to buy other goods because of a cash shortage in their pockets”.

Publication: The Telegraph

Date: October 17, 2017

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