Retail news
Your search returned 21 results
Dutch retail giant comes to London
- Posted:
- 30 November 2010 09:51
Dutch firm KK Outlet, which combines a gallery, shop and the office of Amsterdam-based communications agency KesselsKramer, will be coming to London on December 2nd. The project was initiated by KesselsKramer and HEMA, a department store with more than 500 outlets across Europe.In a press release, KK Outlet said: "If ...read more
Ikea reveals financial details for the first time
- Posted:
- 04 October 2010 09:53
Ikea, the world's largest furniture retailer, has given details of its financial fortunes for the first time - reporting profits up 11% to £2.17 billion in 2009.Chief executive Mikael Ohlsson said that the group would be releasing a financial statement every year from now on."Over the past number of years, ...read more
UK’s "best shops" named by consumer group
- Posted:
- 27 May 2010 09:37
Home entertainment store Richer Sounds and kitchenware chain Lakeland have been voted the UK's best shops in a survey by consumer group Which?Other stores in the top 10 were Apple, cosmetics companies Lush and The Body Shop, John Lewis, Ikea, Jones Bootmaker, fashion retailer Wallis and home furnishing supplier Dunelm ...read more
Ikea enjoys record sales despite tough year
- Posted:
- 18 September 2009 10:24
Despite taking a fair battering by the global economic turmoil, Swedish home furnishings giant Ikea has achieved record annual sales of Eu21.5 billion (£19.1 billion).For the year to August 31st Ikea's sales increased 1.4%, a far lower level of growth than the previous year's 7% - again reflecting the bite ...read more
Ikea founder warns of more job cuts
- Posted:
- 09 July 2009 09:37
Ikea founder Ingvar Kamprad has told a Swedish newspaper that the 5,000 job redundancies the retailer has already made will not be enough.Speaking to Dagens Industri he said: "We need to decrease the number of staff further, particularly within manufacturing and logisticsIt's about adjusting to sales being a lot less ...read more
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