Part of a larger digital transformation strategy, Ingka Group’s investment arm has acquired U.S.-based AI logistics technology company Locus for an undisclosed amount, per a company announcement ...

Ikea has announced it will close its small format store at the Scarborough Town Centre shopping mall in Toronto sometime early next year. The furniture retailer says shifting consumer behaviour toward ...

IKEA has just announced some unfortunate news for Toronto shoppers: it is permanently closing one of its local stores, just a few years after the location first opened. The legendary Swedish home ...

LONDON/STOCKHOLM (Reuters) -IKEA has acquired U.S. logistics technology firm Locus, the two companies said on Tuesday, a deal the Swedish furniture retailer said would make its deliveries to shoppers ...

Soho is getting an IKEA. The Scandinavian furniture retailer purchased a six-story commercial building at 529 Broadway from billionaire Jeff Sutton’s firm, Wharton Properties, for $213 million, ...

Ikea is expanding further in New York City, just months after committing to its first full-size store in Manhattan. A deed filed Tuesday shows that retail real estate king Jeff Sutton sold 529 ...

An Ikea is coming to Lower Manhattan. An entity connected to the Scandinavian furniture giant has purchased 529 Broadway in Soho for $213 million, according to property records. The seller was a joint ...

Ikea is preparing to launch another new compact-format store next month. The Swedish flat-pack furniture retailer will unveil its new outlet in Chester, situated at the Greyhound Retail Park, on ...

IKEA has announced a significant addition coming to its store restaurants across the country by early next year. The furniture giant has been serving its Swedish meatballs for 40 years as a signature ...

Meatballs are taking center stage at the dinner table. IKEA has teamed up with designer Gustaf Westman for the first time to create a 12-piece holiday collection for hosts with a unique aesthetic — ...