Company News
Non-residential spaces are marketed as high-return investments, but pose higher risksedit
Small retail spaces may see demand growth. For one, homes or plots are often bought for capital gains from price appreciation; rental yields are low. E-commerce players such as Myntra and Urban Ladder are opening brick-and-mortar stores.
Publication – The Hindu Business Line (Print)
Date – April 16, 2018
Competition and Industry News
IKEA’S INDIA ENTRY MAY QUICKEN SHIFT TO ORGANIZED FURNITUREedit
Swedish giant Ikea Group’s entry into India will likely accelerate expansion of the country’s organized furniture market. But the company will have to rely heavily on after-sales assembly services rather than the do-it-yourself (DIY) model it uses elsewhere if it is to become really successful, experts said.
Publication – Mint (Print)
Mint (Online)
Date – April 16, 2018
Ikea gears up for launchedit
IKEA, the Swedish home furnishings company which is expected to start its sales in the city shortly, organised an event at Forum mall. In the event a mascot dressed as IKEA’s heart-shaped cushion icon, Famnig Hajarta, walked around the mall with a placard that read ‘Free coffee for hugs’.
Publication – The Hindu (Print)
Date – April 16, 2018