IKEA opens its first physical store in Mexico

The FINANCIAL -- IKEA opened its first store in Mexico, in the east part of Mexico City, within the inner ring of the city as part of the Encuentro Oceania shopping center. The store has a surface with a total of 23,000…

5 mins read

The IKEA menu of conceptualised meeting points expands

The FINANCIAL -- Inter IKEA Systems B.V., the owner of the IKEA Concept and worldwide IKEA franchisor, has added IKEA plan and order points to its menu of conceptualised customer meeting points. This means testing is complete and IKEA retailers can implement…

3 mins read

IKEA opens its first second-hand store

The FINANCIAL — IKEA takes a step forward in its journey to become a circular business by 2030, with the opening of its first world’s first second-hand store in Eskilstuna, Sweden. The store is located in the ReTuna Shopping Centre, where all…

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IFC and FT announced winners of 2020 FT/IFC Transformational Business Awards

The FINANCIAL — The International Finance Corporation (IFC), a member of the World Bank Group and The Financial Times, have announced the winners of the 2020 FT/IFC Transformational Business Awards, a global programme that highlights ground-breaking, long-term private sector solutions to major development issues. This…

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SEX at IKEA

A Chinese porn star was caught on camera performing a solo sex act in Swedish furniture giant Ikea store’s bed display following which the company has stepped up security in and around its stores. According to the report, the incident took place…

2 mins read