Alliance Data Systems Corporation to provide branded credit card services in the United States for IKEA Group

New credit program to support the rapid growth of IKEA in the U.S.  Seamless application in stores and online will enable customers to begin enjoying benefits of the loyalty-driven card Alliance Data’s proprietary data assets will deliver custom analytics and insights to drive top-line sales and increase visits online and in-store PLANO, TX, 2018-Jan-10 — […]

IKEA Group allocates $113 million into the retirement funds of 123,000 co-workers

Conshohocken, 2017-Dec-13 — /EPR Retail News/ — IKEA Group co-workers around the globe will receive a special thanks from the company as part of the IKEA Tack! retirement fund. IKEA recently announced that Tack!, which means ‘thank you’ in Swedish, will allocate $113 million* total into the retirement funds of 123,000 IKEA co-workers throughout its […]

IKEA Group announces total sales increased by 7.9% in FY2016

CONSHOHOCKEN, PA, 2016-Sep-15 — /EPR Retail News/ — For FY2016, IKEA Group total sales amounted to $37.6 billion (EUR 34.2 billion). Total sales translated into Euro increased by 7.1%. Adjusted for currency impact, total sales increased by +7.9%. Sales in comparable stores grew by 4.8%. “IKEA Group had another good year and welcomed 783 million visits […]

IKEA Group announces 11.2% sales increase for the financial year 2015

FY 2015: The IKEA Group sales are up 11.2% – allowing for continued investments in sustainability and business development Conshohocken, PA, 2015-12-14 — /EPR Retail News/ — The IKEA Group net income amounted to $3.9 billion (€ 3.5 billion)* for the financial year 2015**. Total sales increased by 11.2% from last year to $35.7 billion (€ […]

IKEA Group and IKEA Foundation commit EUR 1 billion to accelerate the transition to a low-carbon economy and to support the communities most at risk

Conshohocken, PA, 2015-6-8 — /EPR Retail News/ — In this critical year for climate action, IKEA Group and IKEA Foundation are making bold new commitments to accelerate the transition to a low-carbon economy and to support the communities most at risk. Announced today, the EUR 1 billion total is made up of an IKEA Group commitment […]

Inter IKEA Group sold 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (IKEA Group)

Leiden, Netherlands, 2014-12-19 — /EPR Retail News/ — Inter IKEA Group has signed an agreement to sell its 51% majority share of Inter IKEA Centre Group A/S to Ingka Group (also referred to as the IKEA Group). Ingka Group already owns 49% of the shares of Inter IKEA Centre Group. The transaction will enable Ingka Group to […]

IKEA Group announces expansion of residential solar offer during UN Climate Summit and Climate Week in New York

IKEA Group announces expansion of residential solar offer during UN Climate Summit and Climate Week in New York. It also unveils a new commitment for all plastic material used in its home furnishing products to be 100% renewable and/or recycled by 2020. CONSHOHOCKEN, PA, 2014-9-23— /EPR Retail News/ — IKEA Group announced today that before the […]