IKEA annual sales slump 5% on weak housing market as company commits to price cuts
The Swedish home decor retailer has slashed prices and committed itself to making more price cuts in the future in an effort ...
IKEA Annual Sales Fall After Lowering Prices
The Swedish furniture giant’s sales fell 5.3% to $49.34 billion in the 12 months to Aug. 31, after lowering the prices of its ...
IKEA sales fall 5% after price cuts amid weak housing market
IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and ...
Wall Street Journal9d
IKEA Annual Sales Fall After Lowering Prices
STOCKHOLM—IKEA recorded a drop in annual sales after lowering the prices of its goods to encourage shoppers into stores. The Swedish furniture giant’s sales fell 5.3% to 45.1 billion euros ($ ...
Barron's9d
Ikea Posts Fall In Annual Sales After Lowering Prices
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 ...