Swedish home furnishings retailer Ikea would commence its e-commerce operations in the country by March next year, Ikea India Chief Executive Officer Peter Betzel said on Thursday. “Ikea will create a multichannel experience for its customers in India. It will launch e-commerce in Mumbai early next summer (March) and introduce other touch points to bring the brand closer to customers,” he told PTI here.

Publication: The Hindu Business Line (Online)

Date: October 11, 2018

IKEA India, the Swedish home furnishings retailer, on Thursday laid foundation stone for its third store in Nagasandra, Bengaluru. The 500,000 sq. ft. store, planned to open in summer 2020, is connected to the Nagasandra Metro Station. IKEA store is expected to attract more than 7 million visitors per year.

Publication: The Economic Times (Online)

Date: October 11, 2018