E-PaperFurniture Retail News
Ikea’s real challenge in India lies online
Ikea's Hyderabad store may be drawing the crowds, but for success in the long run, it will need a robust online presence on Amazon, Flipkart Walmart or Alibaba
3 min read21 Aug 2018Ikea bets big on India but keeps meatballs off the menu
There will be chicken meatballs and vegetarian balls, with religious sensitivities in India dictating that beef and pork, staples of Swedish meatballs, will not be served
3 min read25 Jun 2018Livspace to spend ₹30 crore on expanding offline stores
Livspace is looking to add five or seven new experience centres to the existing four in Hyderabad, Chennai and Pune at 3-4 crore each
1 min read8 Jun 2018Ikea ties up with UrbanClap for its upcoming Hyderabad store
Ikea, UrbanClap partnership is a result of the mutual objective of the two brands to keep customer experience and efficiency at the centre of everything
1 min read24 May 2018Pepperfry sees 40-50% reduction in FY18 loss, to double offline stores
Pepperfry expects to more than double its offline presence this year and expand house brands into new categories as the online furniture retailer looks to increase sales by 30% or more
1 min read9 May 2018Ikea’s India entry may quicken shift to organized furniture retail
But Ikea will have to rely heavily on after-sales services rather than the DIY model it uses elsewhere if it is to become really successful in India
3 min read14 Apr 2018Urban Ladder appoints Jaipal Singal as CFO
Online furniture retailer Urban Ladder Home Dcor Solutions has named Jaipal Singal as chief financial officer (CFO)
1 min read1 Jun 2017Online furniture retailers rethink strategies as growth slows
Urban Ladder, Pepperfry are introducing lower-priced products, investing in offline stores
3 min read29 May 2017Ikea to double India sourcing to $667 million as store rollout nears
Ikea Group, the world's largest furniture retailer, will open its first store in Hyderabad early next year followed by more in Mumbai, Bangalore and New Delhi
2 min read18 May 2017Ikea targets India, China expansion to meet sales growth aim
Ikea plans to open its first outlet in India next year and aims to have 25 there by 2025,
2 min read13 Sep 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared