Business Standard

Furniture retailers prepare for road ahead as Ikea expands India footprint

Players counting on omni-channel retail, affordable products

IKEA, Navi mumba store
Premium

Ikea India officials welcome the first two customers at the Navi Mumbai store on Friday. The launch of this store has pushed organised players to tap a wider set of consumers with furniture at affordable price points

Viveat Susan PintoSamreen Ahmad Mumbai/Bengaluru
The entry of Ikea, the world’s largest furniture retailer, into Mumbai with its second flagship store in the country may force organised players such as HomeTown (from Future group), HomeStop (from Shoppers Stop), and Home Centre (Landmark group) to revamp their offerings.

On Friday, the Navi Mumbai Ikea store opened for registered visitors to prevent crowding at the outlet. But the launch of the flagship store for the Mumbai region has pushed organised players to expand their product portfolios, industry sources said, tapping a wider set of consumers with furniture at affordable price points.

Mumbai is a key consumption centre for organised

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in