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IKEA annual sales slumped 5% as consumers pull back on furniture purchases amid a weak housing market, according to an earnings report released Thursday. The Swedish home decor retailer has ...

Ikea has reported a slump in its UK sales. (Photo by Brandon Bell/Getty Images) The UK arm of Ikea has suffered a slump in its sales for its latest financial year as under-pressure shoppers held ...

Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. The Swedish ...

Inter IKEA Group, which owns the IKEA brand and manufactures the products, reported annual sales of €45.1 billion across all franchisees, of which Ingka Group is the biggest.

LONDON (Reuters) - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market ...

The group began to lower prices in September 2023 to improve sales volume at its stores. Ikea said physical store visits increased by 4.5 percent following the price drops while online traffic ...

LONDON (Reuters) - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it ...