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 ...

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Inter IKEA reported a 5.3% drop in annual sales, partly due to price cuts with lower raw material costs. As inflation impacts spending, more people are expected to host at home this holiday season.

Ikea UK has experienced a 6.8% drop in sales during the latest financial year, attributed to strategic price reductions. The company invested over £117 million to prioritise affordability ...

Ikea Romania reported a 12% increase in total sales for the fiscal year 2024 (September 1, 2023 to August 31, 2024) and a 5% rise in online commerce compared to the previous year. Its total sales ...

The Inter IKEA Group has reported a 5.3% drop in IKEA retail sales revenue for the financial year 2024 (FY24), which totalled €45.1bn ($49.3bn) - down from €47.6bn in FY23. The company ...

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 ...

Between 2017 and 2023, the Ikea business generated $10.63 billion in revenue from Australian consumers, but only managed to deliver $89.9 million in profits, with unexplained expenses, franchise ...