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international business
Russian government commission approves sale of IKEA factories to two local buyers, official says
FILE PHOTO: A view shows the logo of IKEA on a closed store in Kotelniki outside Moscow, Russia July 5, 2022. REUTERS/Evgenia Novozhenina
energy and resources
IKEA shrinks its climate footprint with help from new light bulbs
FILE PHOTO: A view shows the logo of IKEA on a closed store in Kotelniki outside Moscow, Russia July 5, 2022. REUTERS/Evgenia Novozhenina
life
This month’s home and garden news: Artful lighting, raising the bar on cocktail hour and cozy interiors
Caesarstone Porcelain 2023 - 501_Snowdrift_501_Snowdrift Known for its indoor and outdoor quartz countertops, Caesarstone (caesarstone.ca) has added porcelain and natural stone to its portfolio of surfaces
international business
Agreement over IKEA’s Russia sale could be reached in days, Moscow says
FILE PHOTO: A view shows the logo of IKEA on a closed store in Kotelniki outside Moscow, Russia July 5, 2022. REUTERS/Evgenia Novozhenina
property report
Here today, gone tomorrow: The rise of pop-up and short-term retail
canada
The IKEA monkey’s 10th anniversary: Revisiting Darwin, the ‘stylish but illegal’ primate that launched a thousand memes
A small monkey wearing a winter coat and a diaper apparently looks for it's owners at an IKEA in Toronto on Sunday Dec. 9, 2012. The monkey let itself out of its crate in a parked and went for a walk. The animal's owner contacted police later in the day and was reunited with their pet, police said. THE CANADIAN PRESS/HO, Browley Page
international business
IKEA offers cash, larger discounts to help staff weather soaring living costs
FILE PHOTO: The company's logo is seen at an IKEA store in Nice, France, May 11, 2022. REUTERS/Eric Gaillard/File Photo
international business
Inter IKEA posts 45% profit fall on higher costs, Russian factory closures
FILE PHOTO: The IKEA logo is seen on flags outside the IKEA Concept Center, a furniture store and headquarters of the IKEA brand owner Inter IKEA, in Delft, the Netherlands March 16, 2016. REUTERS/Yves Herman
property report
Retail trends include downsizing, outsourcing packing and shipping of online orders
tk
international business
Home furnishings giant IKEA calls 2022 an ‘exceptional year’ despite challenges
(FILES) This file photo taken on January 13, 2021 shows the logo of a Scandivanian furniture chain store Ikea, in Saint-Herblain, outside of the city of Nantes. - Swedish furniture giant Ikea posted on October 13, 2022 a six percent rise in full-year sales in what it described as a "challenging" year due to inflation and scaling back in Russia. The company, which halted retail operations in Russia in March after Moscow's invasion of Ukraine, has already "had to say goodbye" to around 10,000 of its 12,000 employees in Russia, Jesper Brodin, the chief executive of the holding company Ingka that manages most of Ikea's stores, told AFP. (Photo by LOIC VENANCE / AFP) (Photo by LOIC VENANCE/AFP via Getty Images)
home & design
Expert tips on how to decorate a stylish dorm room for less
Young woman moving in college dorm. She is caring box with stuff and organizing it in room .
style
IKEA’s downtown Toronto location brings affordable options for small living
Potted Plants Store profile of Ikea's downtown Toronto
international business
IKEA puts Russian factories up for sale, plans job cuts
FILE - People wait in a line to pay for her purchases at the IKEA store on the outskirts of Moscow, Russia, Thursday, March 3, 2022. IKEA, the epitome of affordable modern comforts, suspended operations. Tens of thousands of once-secure jobs are now suddenly in question in a very short time. (AP Photo, File)
lucy waverman
Does vegan caviar live up to its hype?
Vegan Caviar for Lucy Waverman column
home & design
How vintage Ikea housewares became the darlings of the resale world
A selection of Ikea's more collectable vintage and contemporary pieces includes (clockwise from top left): Ulk mirror, courtesy of @studiomontcalm on Instagram; Konfetti candlesticks by Anna Efverlund, at Atomic Design (atomicdesign.ca); Lovbacken table, at Ikea (ikea.com); Piffig lamp, courtesy of @teaktoronto on Instagram; Jonisk lamp by Carl Ojerstam, at Atomic Design; Froset chair, at Ikea; Skuggbräcka fabric by Niina Aalto, at Ikea; Clock, courtesy of @shopdarkstar on Instagram; Sinnerlig bench by Ilse Crawford, private collection; Markerad bag by Virgil Abloh, private collection; Sinnerlig pitcher by Ilse Crawford, private collection; Tradig fruit bowl, at Nouveau Riche Vintage (nouveaurichevintage.ca); Skamt vases, courtesy of @shopdarkstar.
style
Style Advisor May 2022: High-voltage menswear
international business
IKEA temporarily closes stores in Russia, flags bigger price hikes
FILE PHOTO: An IKEA sign is seen next to the company's new store in Riga, Latvia September 2, 2018. REUTERS/Ints Kalnins/File Photo
international business
IKEA’s climate footprint shrinks from pre-pandemic levels despite record sales
FILE PHOTO: The company's logo is seen outside of an IKEA Group store in Saint-Herblain near Nantes, France, March 22, 2021. REUTERS/Stephane Mahe/File Photo
international business
Furniture giant IKEA raises prices as supply chain woes persist
FILE PHOTO: The company's logo is seen outside of an IKEA Group store in Saint-Herblain near Nantes, France, March 22, 2021. REUTERS/Stephane Mahe/File Photo
report on business
IKEA backs $115-million investment in Bolt, a Toronto e-commerce delivery startup expanding to the U.S.
Co-founders of Bolt, CTO Heindrik Bernabe, left, and CEO Mark Ang, pose for a photograph at their Toronto offices, on Saturday, November 6, 2021. (Christopher Katsarov/The Globe and Mail)
home & design
When it comes to the future of design, manufacturers are taking notes from the gaming community
When it comes to the future of design, manufacturers are taking notes from the gaming community" (pur-de-gamingdesign-1029) IKEA, launching a gaming collection this month
home & design
Give your home that cozy chalet look with these decor items
DESIGN Out of the cold Forget buffalo check and reclaimed timber. The new chalet chic mixes rustic textures with a slushy palette. Shearling takes any upholstered piece such as CB2′s Matador chair in an extra cushy direction and looks coolest juxtaposed against harder surfaces. Perch it next to Kar Studio’s Pudding table, which mimics the look of an iceberg melting into the sea. For accessories, layer in natural elements: a woven straw trivet hung on the wall as art; a lamp that glows through its alabaster shade; or a ceramic accent in an organic shape. As a finishing touch, light one of Ilse Crawford’s new bonfire-scented candles for Ikea. The British designer says she chose the smell because it signals warmth, comfort and refuge. In other words, the ideal parametres for the perfect winter room. – A.S. Matador shearling chair, $1,999 at CB2 (cb2.ca) DICI Design Pull log stand, $370 through simons.ca. Nomad rug (5 feet-by-8 feet), $499 at EQ3 (eq3.com). Behjartad scented candle by Ilse Crawford, $8.99 at Ikea (ikea.com) Julie Moon black truffle ruffle vessel, similar styles available through juliemoonceramics.com. Lucid 300 table light by Michael Verheyden, $4,980 at Avenue Road (avenue-road.com). Rice straw plum trivet, $60 through minka.house. Chott Merouane cushion by Yann Arthus-Bertrand, $310 at Roche Bobois (roche-bobois.com). Kar Studio Pudding coffee table, $4,450 through montanalabelle.com.
european business
IKEA to begin selling renewable energy to households in Sweden this September
(FILES) This file photograph taken on January 13, 2021, shows the logo of Scandanavian furniture chain store Ikea at Saint-Herblain, on the outskirts of Nantes, western France. - A French court on June 15, 2021, has found the French subsidiary of Swedish furniture giant Ikea guilty of setting up an elaborate system to illegally spy on hundreds of employees and job applicants from 2009 to 2012. The company's French unit was fined one million euros ($1.2 million) and one of its former CEOs was handed a suspended two-year prison sentence, the court said in its verdict. (Photo by LOIC VENANCE / AFP) (Photo by LOIC VENANCE/AFP via Getty Images)
european business
Court orders IKEA to pay €1-million fine for spying on its French employees
(FILES) This file photograph taken on January 13, 2021, shows the logo of Scandanavian furniture chain store Ikea at Saint-Herblain, on the outskirts of Nantes, western France. - A French court on June 15, 2021, has found the French subsidiary of Swedish furniture giant Ikea guilty of setting up an elaborate system to illegally spy on hundreds of employees and job applicants from 2009 to 2012. The company's French unit was fined one million euros ($1.2 million) and one of its former CEOs was handed a suspended two-year prison sentence, the court said in its verdict. (Photo by LOIC VENANCE / AFP) (Photo by LOIC VENANCE/AFP via Getty Images)
report on business
IKEA’s malls arm buys retail property in the center of Toronto
FILE PHOTO: The IKEA logo is seen on shopping carts inside an IKEA store in Navi Mumbai, India, December 17, 2020. REUTERS/Francis Mascarenhas/File Photo/File Photo
report on business
IKEA France on trial over over accusations of illegally spying on staff, clients
An Ikea employee and lawyers arrive at the Versailles' courthouse, outside Paris, Monday, March 22, 2021. Ikea's French subsidiary and several of its executives are set to go on trial Monday over accusations that they illegally spied on employees and customers. (AP Photo/Christophe Ena)
european business
IKEA branches out into consumer banking with Ikano Bank deal
FILE PHOTO: A signboard of the new IKEA store is seen in Navi Mumbai, India, December 17, 2020. REUTERS/Francis Mascarenhas/File Photo
featured reports
Complacency on climate change is ‘the larger gamble’ for corporations
FILE - This Wednesday, Oct. 17, 2018 file photo shows a Chevrolet Volt hybrid car charging at a ChargePoint charging station at a parking garage in Los Angeles. If U.S. consumers ever ditch fuel burners for electric vehicles, then the United Auto Workers union is in trouble. Gone would be thousands of jobs at engine and transmission plants across the industrial Midwest, replaced by smaller workforces at squeaky-clean mostly automated factories that mix up chemicals to make batteries. (AP Photo/Richard Vogel, File)
european business
IKEA discontinues iconic catalogue after seven-decade run
The 2021 catalogues are stacked at an IKEA store on the outskirts of Stockholm, Sweden on Dec. 5, 2020.
international business
IKEA stores owner Ingka Group reports full-year profits drop, eyes recovery this year
FILE PHOTO: People queue at Ikea in Wembley as it re-opens, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June 1, 2020. REUTERS/Toby Melville/File Photo
the architourist
The essential retirement pad
Dave LeBlanc
european business
IKEA owner’s profit growth accelerates as consumers spend more on home improvement
FILE PHOTO: Ikea in Tottenham is pictured as it re-opens, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June 1, 2020. REUTERS/John Sibley
international business
IKEA will buy back used furniture to stop ‘excessive consumption’
FILE PHOTO: Ikea in Tottenham is pictured as it re-opens, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June 1, 2020. REUTERS/John Sibley/File Photo
european business
IKEA gets sales boost from shoppers' new stay-at-home focus
FILE PHOTO: Ikea in Tottenham is pictured as it re-opens, following the outbreak of the coronavirus disease (COVID-19), London, Britain, June 1, 2020. REUTERS/John Sibley/File Photo
home & design
Ask a design expert: Can we spruce up our small kitchen if we can’t afford a reno?
report on business
Office furniture shortages loom as Canadians stay home this fall
A sign advertises office space available for rent in Ottawa's downtown core in Ottawa, Monday, Aug. 31, 2020. Canadians should brace for a shortage of office furniture, such as desks and chairs, as people continue to study and work from home this fall. THE CANADIAN PRESS/Adrian Wyld