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Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA , which was founded by Ingvar Kamprad , then became independent in 1988, and has since been owned by the Kamprad family.
Ikano Bank is a consumer finance bank established in 1995 by Ingvar Kamprad (the founder of IKEA). It offers loans, savings accounts and partner business supplying sales finance to large retailers, including IKEA, Volkswagen , Audi , Lindex , Hemtex , Skoda , Shell and Preem .
IPC Shopping Centre (formerly Ikano Power Centre) is a shopping centre anchored by IKEA near The Curve in Mutiara Damansara, Selangor, Malaysia. It opened on 18 December 2003 and has 5 floors. [1] It was formerly known as the Ikano Power Centre. After extensive renovations done, it opened in November 2017 as IPC Shopping Centre.
It opened in 2011 and was established by Ikano Retail Centres, with two anchor tenants on each end of the mall, IKEA and a City Gross supermarket. The shopping center has 80 stores and a total retail floor area of 80,000 m 2 (860,000 sq ft), [1] [2] with IKEA occupying almost half of the floor space. [3] Location within Västerås
The shopping center have about 70-90 stores, [3] and it belongs to the Ikano Group, which is owned by Ikea. [5] The shops are positioned according to a concept, so all the sports stores , for example, will be together to make it easier for customers to find the things they are looking for.
The world's largest IKEA store is located in Pasay, Metro Manila, Philippines. In 1943, then-17-year-old Ingvar Kamprad founded IKEA as a mail-order sales business, and began to resell furniture five years later. [23]
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
The IKEA stores in Russia were in connection with MEGA malls developed by IKEA. 5-6 new openings were originally planned by 2020. On 3 March 2022, INGKA holdings (parent company of IKEA Russia) announced that IKEA would suspend operations in Russia and pause sourcing in the country as a result of the Russian invasion of Ukraine . [ 138 ]