IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and ...

STOCKHOLM—IKEA recorded a drop in annual sales after lowering the prices of its goods to encourage shoppers into stores. The Swedish furniture giant’s sales fell 5.3% to 45.1 billion euros ($ ...

(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 off buying bigger-ticket items. The division ...

IKEA annual sales slumped 5% as consumers pull back on ... IKEA started cutting prices after seeing a drop in store visits and sold quantities. The more affordable prices improved store traffic ...

For 2025, IKEA expects a boost to sales as lower interest rates drive more people to move house, which usually prompts buying of beds, sofas, and bookcases. Store visits increased by 3.3% to 727 ...

Right thing to do' - 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 ...