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

There are some vintage IKEA items that have become collector's items (the ENETRI shelf immediately comes to mind, for example ...

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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.

Donald Trump’s plans to impose sweeping tariffs on goods entering the US risk leading to higher prices for customers, Ikea ...

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 does not need to offer massive discounts for a given period given that it offers reasonably low prices all year round. Black Friday weekend represents one of the most active sale periods of ...

The year was also marked by high inflation, rising interest rates and dampened consumer demand, IKEA said. The company announced plans to improve accessibility across all sales channels ...