IKEA received approval from the government of India on Thursday to open 25 stores in the country. The total investment is estimated at $1.95 billion and would make IKEA the biggest retailer in India.

IKEA Group global sales increased by 9.5% (7.1% adjusted for currency impact) and sales in existing stores grew by 4.6% adjusted for currency impact. Our net profit increased by 8.0% to $4.2 billion.

CONSHOHOCKEN, PA -- IKEA, the world's largest furniture retailer, announces the launch of a new community photo-sharing website called “Share Space.”

Despite the difficult external conditions, the IKEA Group sales for FY2009* increased by 1.4 % to 21.8 billion Euro.

ALMHULT, SWEDEN -- IKEA, the world's largest residential furniture retailer, publicly disclosed its financial performace for the first time.

NEW DELHI -- Ikea, the world's furniture juggernaut, has offered the government of India a deal: Open up the market to Ikea retail stores and the Swedish-based company will double its sourcing of furniture and others goods from India businesses.

CONSHOHOCKEN, PA -- IKEA, an international home furnishings retailer, has rolled out its 2011 catalog in the United States.

IKEA, the world’s leading home furnishings retailer, today announces the launch of the new IKEA 2011 catalog in the United States.