Ikea retail exits Russia

Ikea charges for bag with its logo on it, Consumer Court orders compensation to consumer

PTI - October 23, 2023

Ikea had to refund a consumer, and also pay Rs 3,000 as compensation for charging her for a paper bag to carry the goods she had purchasedBengaluru: A Consumer Commission here has ordered Swedish furniture retailer Ikea to refund...

Ikea exits Russia, sells shopping centre portfolio

Shiv Joshi - October 7, 2023

Ingka Centres sold its 14 centres to a subsidiary of the Gazprombank Group. After the divestment of the shopping centres, Ingka Centres will have no operational business in RussiaNew Delhi: The Ingka Group has decided to sell its Russian portfolio...

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