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February 28, 2024
Jesper Brodin, Global CEO of Ingka Group emphasised Indias significance due to its size, adding that Ikeas global vision aligns with the characteristics of the Indian market, aiming to serve a large population with substantial needs at affordable prices.
January 30, 2024
The furniture retailer has announced price cuts in Germany - IKEA's biggest market by sales - as well as Sweden and the UK
December 20, 2023
The price to ship a container from China to the Mediterranean surged 44 per cent in December. Read more at straitstimes.com.
November 29, 2023
Homewares group hopes to get a boost from families staying home during the holiday season
November 3, 2023
Inter IKEAs annual profit more than doubled as cost pressures eased, allowing it to cut prices and predict more reductions in the months ahead.
November 1, 2023
Explore mattress industry sustainability at the 2023 ISPA Sustainability Conference. Learn about the circular economy and more.
October 12, 2023
STOCKHOLM — Swedish furniture giant Ikea said on Thursday it was counting on price drops launched in September to stem two years of falling sales volumes attributed to soaring inflation.The company reported on Thursday a 6.6 per cent rise in sales for the full-year to 47.6 billion euros ($50.2 billion.)"This positive result was achieved despite the continued challenge of lower
August 29, 2023
We look back at Ikea’s Space10 most ground-breaking design ideas
August 24, 2023
Swedish flat-pack furniture giant Ikea opened its doors to a new store in downtown San Francisco on Wednesday, bucking the trend of big retailers such as Nordstrom and Old Navy closing shops amid falling foot traffic and rising crime in the city. Ikea, known for its suburban warehouse-like stores, is pushing more in-city shops and promoting its online stores, as shoppers buy more from marketplaces such as Amazon.com. The opening, though, comes as San Francisco's crises of drugs and homele...
May 17, 2023
Foreign forestry giant says it wants to "hire locally, buy locally, think locally".