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Inter Ikea Systems BV

  • Retail CEOs make voice heard in DC

    Twenty retail executives traveled to the nation's capitol on Wednesday to voice their opposition to the proposed border adjustment tax (BAT).   

  • Home furnishings giant submits plans for new location

    Ikea is looking to expand in presence in North Carolina.   The retailer said it is submitting plans to the Town of Cary, N.C., for a potential Raleigh-area store, which would be the second Ikea location in the state. The proposed 15-acre site would be located adjacent to the existing Cary Towne Center, approximately 12 miles west of downtown Raleigh and two miles from downtown Cary.  

  • The top retail and apparel ‘conversation starters’ are…

    When shoppers talk about brands, they usually do it offline.   That’s according to a study by Engagement Labs that measured the performance of 60 brands with respect to social media and word of mouth conversations. Amazon came out on top in the retail and apparel category, followed by Nike and Nordstrom.   

  • Online giant tops in ‘brand intimacy’

    Amazon leads the way in the retail industry when it comes to creating an emotional bond with customers, but the industry as a whole lags behind two other categories.    That’s according to MBLM’s Brand Intimacy 2017 Report, in which Amazon placed first in the retail category. followed by Whole Foods Market and Target Corp. The remaining brands in the top 10 for the retail industry are: H&M, Macy’s, Nordstrom, Sephora, Ikea, The Home Depot and eBay.  

  • Home furnishings giant completes another solar project

    Ikea has completed the installation of one of the largest solar rooftops in Ohio.   The solar panel installation is atop the retailer’s future store in Columbus, Ohio, due to open in summer 2017. The 213,000-sq.-ft. solar array consists of a 1.21 MW system, built with 3,546 panels, and will produce approximately 1,447,700 kWh of electricity annually for the store, the equivalent of reducing 1,017 tons of carbon dioxide (CO2).  

  • Home furnishings giant plugs in another fuel cell system

    Ikea continues to grow its U.S. renewable energy portfolio, with a goal of being energy independent by 2020.   The retailer has completed installation of its fifth biogas-powered fuel cell system in California – and in the country – at its East Palo Alto location in the San Francisco Bay area.  

  • The world’s most valuable retail brands are…

    An online giant and the world’s biggest retailer claim the top two positions in a study that ranks retail companies by their brand value.   Amazon ranked as the world’s most valuable retail brand in the annual study by valuation and strategy consultancy Brand Finance. The company’s brand value, $106.4 billion, is nearly double that of Walmart ($62.2 billion), which ranked as the second most valuable retail brand. (An explanation of the ranking is provided at the end of article.)    

  • Ikea marks construction milestone

    The iconic blue panels are going up on what will be Ikea’s fourth store in Texas.   The 290,000-sq.-ft. store is located in Grand Prairie, 14 miles outside of downtown Dallas. It is scheduled to open in fall 2017.    Ikea is bullish on expansion in Texas. The retailer previously announced plans for a store in Fort Worth, and also one in the San Antonio area. Both locations are scheduled to open in summer 2019.   
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