What the world has gone through during last few months was completely unprecedented. As a purpose-led company, during this time IKEA focused on safety and security of their people, building digital capabilities, meeting customers in new ways as the home became the center of everything in everybody’s lives.
Click-and-collect, contactless shopping service, along with other online home furnishing services like remote planning, consultancy etc. were launched. The brand also launched New Lower Price and IKEA Family Credit Card by Citi, to make home furnishing solutions accessible to many more people. Their e-commerce sales grew significantly (3x- 4x) and so did sales of some of product categories like work from home (3x-5x), living room, children furniture and kitchen products.
“We are proud of our journey so far and we are growing in India. Along with Retail, IKEA Purchasing, IKEA Foundation, and other group entities investing in India will together create an even more positive impact as ONE IKEA. Our ambition is to reach 100 million people in India by 2022. We will establish a strong omnichannel presence in Hyderabad, Mumbai, Bengaluru and Delhi/NCR. It will be through a combination of big IKEA stores, smaller city-center stores, and online platform as a selling channel,” says Kavitha Rao, Country Commercial Manager at IKEA India.
“Our Hyderabad store has completed two years in India. We are today online in Mumbai, Pune and Hyderabad. Our Navi Mumbai store will open in the coming months and two smaller stores will also open in Mumbai during 2021.” she further adds.
This story is from the February 2021 edition of Images Retail.
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This story is from the February 2021 edition of Images Retail.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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