Ikea’s sales took a hit in 2024 as the flat-pack furniture seller lowered prices in a bid to remain affordable for its customers. The Swedish company’s currency-adjusted sales fell 4% to €45 ...
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Three years ago, a drone took flight at an Ikea warehouse in Switzerland for the first time. More than 250 drones now operate across 73 Ikea distribution centers in nine countries. They take stock ...
The largest owner of the Ikea furniture brand, Inter Ikea, said prices are coming down as profits double and cost pressures ease. Inter Ikea's annual profit more than doubled and it predicted more ...
IKEA is sourcing woods from some of Europe's last old-growth forests Popular products include the INGOLF chairs and SNIGLAR ...
However, he said the argument put forward was often to knock the flats down and build again, rather than retrofitting the buildings. Cllr Lee said he believed the city council needed to look at ...
Ikea is massively scaling down its Russian operations, including closing its four factories in the country, the Swedish company said Wednesday. In early March, shortly after Russia invaded Ukraine ...
IKEA has benefited from households trading down as a global property slowdown hurt confidence, said Tolga Oncu, retail manager at Ingka Group. For 2025, IKEA expects a boost to sales as lower ...
The investment arm of Ingka Group, which owns most of the world’s Ikea stores, has acquired new stakes in a large Australian wind farm in Victoria state. Ingka Investments bought a 15% share of ...
But this time it’s all about size – and it looks to be the perfect shrunk-down match for the company's APS-C cameras. By banishing the mirror from bulky DSLRs, mirrorless cameras were suddenly ...
“For us, we celebrate not when prices go up but when we’re capable of taking down prices so we become more accessible to people.” Ikea lifted prices considerably during the Covid-19 pandemic ...
Tonight will turn dry as rain and cloud clear eastwards, leaving plenty of clear spells and a few areas of cloud behind. Winds will ease, becoming calm for all. Saturday Tomorrow will see a ...