Ingka Group, the largest Ikea retailer, saw a sharp decline in full-year profit after a round of price cuts and tough economic conditions weighed on the bottom line.

IKEA store owner Ingka Group posted sharply lower net profit in fiscal 2024 as investments in lowering prices for customers weighed on the company's bottom line.

UK-based JD Sports has acquired Groupe Courir, a 323-store sneaker retailer, for €520 million ($548.1 million USD) .

Despite economic challenges, including high interest rates and inflation, the company prioritized affordability by reducing ...

LONDON (Reuters) - Tariffs planned by U.S. President-elect Donald Trump will make it harder for IKEA to keep prices low, the ...

The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in ...

The world's largest IKEA franchisee, Ingka Group, reported a sharp decline in net profits due to price cuts aimed at ...

Ikea has turned its empathy into action by helping drive the construction of a Small Home that is grounded in trauma-informed ...

The chief executive of the company behind Ikea furniture stores says Donald Trump’s planned tariffs will make it more ...

Experts estimated that 90.6 million U.S. consumers shopped online. Here are the store hours for Black Friday this year.

Thanksgiving 2024 is on Thursday, Nov. 28, and that means many offices and business observe the holiday by closing for the ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...