IKEA debuts new community-based store concept

February 24, 2022

Ingka Group’s real estate division has opened Livat in London, a new urban concept store that is about one-fourth the size of IKEA’s traditional stores. The store offers about 1,800 items on display for purchase and 4,000 overall that can be ordered for delivery. The store also features meeting spaces, food and products. “Meeting places are more important than ever; we have to get away from this idea of either/or for online and physical space. We completely believe in building places where people will create memories together. Livat is designed to be both of the community and a destination,” said Ingka Centres’ managing director, Cindy Andersen.

Recent News

Google’s Antitrust Trial Teeters On

Google’s landmark antitrust case against the Justice Department has reached its final stage, sparking concern across Silicon Valley. Prosecutors argue that Google’s dominance in online search and search advertising markets is illegal, while Google maintains its superiority. The outcome, to be decided by US District Judge Amit Mehta, could have significant implications not only for Google but also for other tech giants like Apple, Amazon, and Meta.

Apple’s Vision Pro Headset Dominates Enterprise Market

Apple’s Vision Pro headset, a mixed-reality spatial computing device, has found its way into the arsenals of more than half of the Fortune 100 companies, with over 50% investing in at least one unit. This revelation came during Apple’s first quarter 2024 earnings call, where CEO Tim Cook highlighted the enthusiastic reception of their products within the corporate sector.