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IKEA to shut down its store at Mumbai’s R-City Mall

The 72,000 sq. ft. city-centre store was opened in July 2022 and was among the first batch of relatively smaller format stores that IKEA opened in India as part of its larger omnichannel playNew Delhi: IKEA is shutting its...

Home Centre has spent years understanding the Indian customer: Sitaram Kumar, CEO

Sitaram Kumar, chief executive officer of Landmark Group's home improvement chain Home Centre gives interesting insights into the evolution of the category and the brandSitaram Kumar joined Landmark Group’s furniture and home improvement chain Home Centre as a...

Ikea looks at next round investment in India after fulfilling Rs 10,500 crore promise

Currently, Ikea is operating stores in Hyderabad, Mumbai and Bengaluru and is investing around Rs 7,000 crore to enter the National Capital Region with two stores in Gurugram and NoidaNew Delhi: Swedish furniture retailer IKEA is looking at the...

Furlenco goes omni-channel, opens offline stores in Bengaluru

Furlenco’s flagship store spanning 5500 sq. ft. is situated at HRBR Layout while its second medium-sized store is at HSR Layout Bengaluru: Digital-first furniture and lifestyle retailer Furlenco has ventured into the offline retail space with the launch of two stores in...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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