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IKEA opened first store in India with 37,000 m 2 (400,000 sq ft) in Hyderabad on 9 August 2018. [106] IKEA opened its second store in Navi Mumbai on 18 December 2020, [107] and its third outlet and first smaller format "city-store" in Worli, Mumbai on 9 December 2021. [108] IKEA plans to have 30 stores by 2028.
Ingka Centres, IKEA's malls division, announced in December 2021 that it would open two malls, anchored by IKEA stores, in Gurugram and Noida in India at a cost of around ₹ 9,000 crore (US$1.0 billion). Both malls are expected to open by 2025.
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual operating profit, as price increases helped it offset higher input costs as well as compensate for costs incurred ...
This is a list of shopping malls in India, sortable by name, location, year opened and gross leasable area. Largest malls. Name Location Year Size (total area)
STOCKHOLM (Reuters) -IKEA has extended the period it will pay nearly 15,000 staff in Russia by three months, through August, and may continue to pay workers beyond that. The world's biggest ...
Department stores of India (4 P) F. Furniture retailers of India (8 P) I. Indian auction houses (3 P) J. Jewellery retailers of India (1 C, 22 P) O.
Inter IKEA Systems B.V. is a holding company fully owned by Inter IKEA Holding and thus Interogo Foundation. It is the company that legally owns all of the IKEA brand's intellectual property (logo, word, trademarks, etc.).