Content about Jardine Matheson Group

November 18, 2014

The IKEA Group has made its largest investment ever in renewable energy by buying a 165-megawatt wind farm in Cameron County, Tex.

The IKEA Group has made its largest investment ever in renewable energy by buying a 165-megawatt wind farm in Cameron County, Tex.

October 29, 2014

IKEA has appointed Stefan Sjöstrand president of its Canadian organization after he has previously served as SVP, IKEA France.

IKEA has appointed Stefan Sjöstrand president of its Canadian organization after he has previously served as SVP, IKEA France.

With this move Sjöstrand is bringing global insights gathered from many years of working with IKEA to the Canadian market, as well as a proven track record of achieving business success through people development, according to the company. 

July 14, 2014

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Ikea is submitting plans to Clark County, Nevada, for a Las Vegas-area store that would increase the Swedish retailer’s presence in the western United States. The application marks the beginning of the governmental approval process that could lead to the store’s opening as early as summer 2016.

Until then, customers will have to shop at the closest locations in Covina, California; Tempe, Arizona, or Draper, Utah; or online at IKEA-USA.com.

July 3, 2014

Ikea has partnered with Feeding America, the nation's largest domestic hunger-relief organization, to sponsor an in-store program that supports national children's hunger programs.

Ikea has partnered with Feeding America, the nation's largest domestic hunger-relief organization, to sponsor an in-store program that supports national children's hunger programs.

These programs include giving free meals and snacks to low income children, as well as giving out nutritious easy-to-prepare food for children to take home on weekends, in addition to other programs to meet the needs of hungry children.

June 25, 2014

With company representatives, Missouri Secretary of State Jason Kander, St. Louis Mayor Francis Slay, local officials and community leaders on hand, Ikea officially broke ground for its future St. Louis store scheduled to open fall 2015.

With company representatives, Missouri Secretary of State Jason Kander, St. Louis Mayor Francis Slay, local officials and community leaders on hand, Ikea officially broke ground for its future St. Louis store scheduled to open fall 2015.

The 380,000-sq.-ft. location with 1,300 parking spaces will be built along the northern side of Interstate-64 and Vandeventer Ave. on nearly 21 acres in the City’s Cortex Innovation District. The company has contracted with St. Louis-based S. M. Wilson & Co. to construct the project.

March 19, 2014

Ikea wants to expand the warehouse of its Detroit-area store in Canton, Mich. As a result, Ikea Canton, which opened June 2006 at 311,000 sq. ft., would grow to approximately 355,000 sq. ft. Initial utility work would begin this summer with actual construction starting in autumn. The store would remain open and operational during construction, maintaining its full product offering throughout the project’s completion in spring 2015.

Ikea wants to expand the warehouse of its Detroit-area store in Canton, Mich. As a result, Ikea Canton, which opened June 2006 at 311,000 sq. ft., would grow to approximately 355,000 sq. ft. Initial utility work would begin this summer with actual construction starting in autumn. The store would remain open and operational during construction, maintaining its full product offering throughout the project’s completion in spring 2015.

November 1, 2013

Ahold USA has appointed former executive for Asian retailer Dairy Farm International Gordon Reid as president of its Giant Food of Landover, Md., division.

Ahold USA has appointed former executive for Asian retailer Dairy Farm International Gordon Reid as president of its Giant Food of Landover, Md., division.

Reid is replacing interim president and Ahold USA EVP operations Bhavdeep Singh. Singh served in the role of interim president following the departure of Anthony Hucker, who resigned from Giant-Landover in September to become EVP and chief strategy officer for St. Louis-based Schnuck Markets.

August 12, 2013

Ikea uses sustainability to drive innovation and shape investments. The company’s latest investment involves a 7.65 megawatt Carrickeeny wind farm, which it plans to purchase from global wind and solar company Mainstream Renewable Power.

Ikea uses sustainability to drive innovation and shape investments. The company’s latest investment involves a 7.65 megawatt Carrickeeny wind farm, which it plans to purchase from global wind and solar company Mainstream Renewable Power. 

Mainstream has started construction on the project, which is located in Leitrim in the northwest of Ireland and is expected to be operational in early 2014. As part of the deal, Mainstream will operate and maintain the wind farm on behalf of Ikea for its 20-year lifespan.

July 2, 2013

Ikea has extended its partnership with ECOtality, a clean electric transportation and storage technologies company, and plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States.

CONSHOHOCKEN, Pa. — Leading home furnishings retailer Ikea has extended its partnership with ECOtality, a clean electric transportation and storage technologies company, and plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States.

June 3, 2013

Ikea and 89 Degrees, a marketing solutions provider, will give a presentation on the company’s loyalty program at this years’ Customer Relationship Management Conference Tuesday, June 18 at the Hilton, Chicago.

BURLINGTON, Mass. — Ikea and 89 Degrees, a marketing solutions provider, will give a presentation on the company’s loyalty program at this years’ Customer Relationship Management Conference Tuesday, June 18, at the Hilton, Chicago.

89 Degrees helped the company leverage Big Data to drive its omnichannel marketing, 

May 20, 2013

Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years.

BEACHWOOD, Ohio — Ikea and Walmart are among the retailers heading to Charlotte, N.C., to anchor the Belgate Shopping Center. The new 900,000-sq.-ft. shopping center is DDR Corp.’s first ground-up domestic development in more than four years. 

The center will also include junior anchors Marshalls, Old Navy, Petco, ULTA, Cost Plus World Market, Hobby Lobby and Shoe Carnival.

April 17, 2013

President of Ikea USA Mike Ward is scheduled to keynote this year’s Retail Sustainability Conference, which will run from Monday, Sept. 30 to Thursday, Oct. 3 in Orlando, Fla.

President of Ikea USA Mike Ward is scheduled to keynote this year’s Retail Sustainability Conference, which will run from Monday, Sept. 30 to Thursday, Oct. 3 in Orlando, Fla. 

January 29, 2013

The Ikea Foundation, with the help of its customers and employees, have donated $12 million to UNICEF and Save the Children for projects that will help create opportunities for children to have access to a quality education.

CONSHOHOCKEN, Pa. — The Ikea Foundation, with the help of its customers and employees, have donated $12 million to UNICEF and Save the Children for projects that will help create opportunities for children to have access to a quality education.

January 23, 2013

Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture.

CONSHOHOCKEN, Pa.  — Ikea reported that sales for its fiscal year 2012 grew by 9.5% and profits were up 8% to $4.2 billion, thanks to its model of offering low-cost, functional furniture. Comparable-store sales were up 8% at its U.S. stores.

October 22, 2012

Ikea helped out young people transition out of foster care by donating 110 bags filled with Ikea products.

BAKERSFIELD, Calif. — Ikea helped out young people transition out of foster care by donating 110 bags filled with Ikea products.

The Ikea "starter kits" included sheets, a comforter, pots and pans, towels and other in-home necessities.

September 19, 2012

Ikea said Monday that its CEO Mikael Ohlsson will step down effective Sept. 1, 2013, and will be succeeded by Peter Agnefjall, current country manager of Ikea Sweden.

STOCKHOLM, Sweden — Ikea said Monday that its CEO Mikael Ohlsson will step down effective Sept. 1, 2013, and will be succeeded by Peter Agnefjall, current country manager of Ikea Sweden.

To prepare Agnefjall for his new role, Ikea said that he will serve as VP of the company beginning in 2013 until his September transition.

July 9, 2012

Ikea has officially plugged-in the solar energy system installed at its store in Houston, Texas – which, when combined with Ikea projects atop stores in Frisco and Round Rock, will make Ikea the state’s largest solar owner.

HOUSTON — Ikea has officially plugged-in the solar energy system installed at its store in Houston, Texas – which, when combined with Ikea projects atop stores in Frisco and Round Rock, will make Ikea the state’s largest solar owner. Ikea Houston’s 116,400-square-foot PV array consists of a 813-kW system, built with 3,388 panels.

April 18, 2012

TV manufacturer TCL Multimedia Technology Holdings has entered into an agreement with Ikea for the development of its innovative concept of complete TV solutions that includes TV, sound system and furniture.

HONG KONG — TV manufacturer TCL Multimedia Technology Holdings has entered into an agreement with Ikea for the development of its innovative concept of complete TV solutions that includes TV, sound system and furniture.

According to a TCL press release, the partnership will enable Ikea to offer customers designated electronic products integrated into furniture that are operated by only one remote controller, boasting the seamless blend of advanced technology and creative interior design.

December 6, 2011

Ikea announced that it plans to install solar energy panels on ten additional United States locations.

CONSHOHOCKEN, Pa. — Ikea announced that it plans to install solar energy panels on ten additional United States locations. Pending governmental permits, installation can begin this winter, with completion expected in summer 2012, the company said. Collectively, the nine stores and one distribution center will total 10.7 Megawatts (MW) of solar generating capacity, nearly 45,360 panels, and a projected annual electricity output of 15,248,334 kilowatt hours (kWh).

September 26, 2011

Ikea announced that on Oct. 1, its U.S. stores will give away free tree seedlings through its partnership with American Forests.

CONSHOHOCKEN, Pa. — Ikea announced that on Oct. 1, its U.S. stores will give away free tree seedlings through its partnership with American Forests. Ikea has been partnering with American Forests since 1998, and through their "Plant a Tree" campaign, they have raised $1.9 million dollars to plant 1.9 million trees.

September 21, 2011

Ikea demonstrated the retail industry's commitment to the environment and sustainability by taking part in Climate Week, which is taking place in New York City this week.

CONSHOHOCKEN, Pa. — Ikea demonstrated the retail industry's commitment to the environment and sustainability by taking part in Climate Week, which is taking place in New York City this week. Ikea U.S. president Mike Ward was part of a 6-person sustainability panel held at 7 World Trade Center on Sept 19. Others on the panel included NYC mayor Michael Bloomberg and former British prime minister Tony Blair.

May 12, 2011

Ikea on Wednesday flipped the switch on a newly constructed solar energy system at its southwestern U.S. distribution center in Tejon, Calif.

TEJON, Calif. — Ikea on Wednesday flipped the switch on a newly constructed solar energy system at its southwestern U.S. distribution center in Tejon, Calif. The 370,000-sq.-ft. solar array consists of a 1.8 MW system designed and installed by California-based REC Solar, and built with 7,980 REC Group panels.

December 15, 2010

Ikea announced that it plans to install solar energy panels on two East Coast stores: Paramus, N.J. and Stoughton, Mass. Pending governmental permits, rooftop installation will begin in the new year, with completion expected in spring 2011.

CONSHOHOCKEN, Pa.  - Ikea announced that it plans to install solar energy panels on two East Coast stores: Paramus, N.J. and Stoughton, Mass. Pending governmental permits, rooftop installation will begin in the new year, with completion expected in spring 2011. The plans bring the number of U.S. Ikea locations that will have a solar energy system to a total of 13. According to the company, these two systems will represent the largest store-top solar installations for Ikea in the United States.

December 14, 2010

Ikea announced that it has been named the winner of 'Retailer of the Year Europe' 2010. Retailer of the Year is the largest consumer survey in Europe and this year the survey was held in no less than 10 European countries. More than 1.45 million consumers participated in the consumer survey and assessed over 1,100 retail chains, according to the company.

BRUSSELS - Ikea announced that it has been named the winner of 'Retailer of the Year Europe' 2010. Retailer of the Year is the largest consumer survey in Europe and this year the survey was held in no less than 10 European countries. More than 1.45 million consumers participated in the consumer survey and assessed over 1,100 retail chains, according to the company.

In seven out of the 10 countries, Ikea is in the top five of the 'best' retail chains, the company reported.

September 14, 2010

New York City (Jun. 4) Ikea has reduced its total CO2 emissions by 5% and CO2 emissions from goods transport by 10% in fiscal year 2009 compared with the previous year, according to the company’s 2009 Sustainability Report. Ninety-five percent of the home-furnishing retailer’s CO2 emissions is attributed to material extraction, suppliers, customer transportation and the use of products.

In 2010, Ikea will participate in the Greenhouse Gas Protocol by road testing a new global framework for measuring greenhouse gas (GHG) emissions.