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From Home Furnishing Business

Ikea to Pay $50 Million to Settle Suits from Tip-Over Deaths

Ikea has agreed to pay $50 million to the families of toddlers in Pennsylvania, Minnesota and Washington state who died after they were pinned beneath one of the retailer's Malm dressers.

Ikea Sets Dec. 14 Grand Opening for Memphis Store

Swedish retailer Ikea announced that its newest U.S. store in Memphis, Tenn., will open at 9 a.m. on Dec. 14.

IKEA Now Selling Second Hand Furniture Online

IKEA recently launched a new program in Sweden that offers used IKEA products online and the idea is intended to be extended to other foreign outlets.

Ikea Completes Solar Panel Installation at Memphis Store

Retail powerhouse Ikea said solar panel installation is complete atop its Memphis, Tenn., store that is scheduled to open in late fall.

IKEA Powers Up on East Coast with Fuel Cells

Ikea, the global destination store for home furnishings is extending its renewable energy commitment with plans for its first biogas-powered fuel cell system on the East Coast.

Ikea to Open 25 Stores Over 10 Years in India

Leading Swedish home furnishings company, IKEA plans to open 25 stores over the next 10 years in India.

Ikea Extends Recall in China Amid Criticism    

Bowing to two weeks of rising public pressure in China, the Swedish furniture maker Ikea said Tuesday that it would extend its recent recall to a country where so far it has enjoyed a strong reputation.

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