Ikea advances in India and takes a step back in Russia

Featured image of the article Ikea advances in India and takes a step back in Russia

An article by Sophie Baqué

Publication

7 July 2022 à 13h33

Updated on 21 October 2022 à 21h45

Reading time

2 minutes

Publication: 7 July 2022 à 13h33, Updated on 21 October 2022 à 21h45

Reading time: 2 minutes

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An article by Sophie Baqué

Publication

7 July 2022 à 13h33

Updated on 21 October 2022 à 21h45

Reading time

2 minutes

Publication: 7 July 2022 à 13h33, Updated on 21 October 2022 à 21h45

Reading time: 2 minutes

Share
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In India, Ingka Group (whose fiscal year will close in August 2022) is pursuing an omnichannel expansion strategy. After opening a 42,500 sq.m store in Bangalore (Karnataka state) in May 2022, the retailer will move central purchasing from Gurgaon to Bangalore. This will source items manufactured in India for the entire world.

…

In Mumbai (Maharashtra state), the group will also open a second store in the Western suburbs. On the 3rd floor of the R City Mall in Ghatkopar and on a reduced...

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