Ikea, Trump

Ikea profits down nearly 50% as fears of Trump tariff threats spook the Swedish retailer
Ikea took the unlikely approach of cutting prices as costs were rising. Now, Trump's tariffs could open up a whole new can of worms for the retailer.
Ikea says Trump’s tariffs could push up prices
The chief executive of the company behind Ikea furniture stores says Donald Trump’s planned tariffs will make it more difficult to keep its prices low, joining a growing chorus of business leaders in warning of a potential hit to people’s wallets from the levies.
Trade tariffs make it harder to keep prices low, IKEA executive says
Trump has pledged big tariffs on imports from trading partners, causing concern among companies whose supply chains depends on smooth global trade.
Ikea warns Trump’s tariffs could push up prices
The chief executive of the company behind Ikea furniture stores says Donald Trump’s planned tariffs will make it more difficult to keep its prices low, joining a growing chorus of business leaders in warning of a potential hit to people’s wallets from the levies.
Ikea Warns of Price Hikes Amid New Tariff Plans
Ikea has joined the list of companies expressing concern over impending tariffs that could result in higher costs for American consumers. The international furniture retailer's CEO has highlighted the potential strain on global business,
Ingka Group CEO warns of impact from looming Trump tariffs
Jasper Brodin, CEO of Ingka Group, acknowledged that the tariffs the Donald Trump administration plans to introduce soon will negatively impact international trade. "It’s beyond our control. We will need to understand and adapt,
Biggest IKEA retailer takes profit hit as price cuts dent sales
The world's biggest retailer of IKEA furniture on Wednesday reported a big drop in annual net profit after cutting prices in ...
Retail TouchPoints2d
How (and Why) Ikea Embraced Trauma-Informed Design in Crafting Housing for the Homeless
Ikea has turned its empathy into action by helping drive the construction of a Small Home that is grounded in trauma-informed ...
Shoppers are buying like it's 2008, Ikea CEO tells BI
Jesper Brodin, CEO of Ikea's parent company, discusses how global inflation and high interest rates are reshaping consumer spending habits.
Fox Business1mon
Inter Ikea CEO sees turnaround in housing
adding that the kitchen business is "very good for us to prioritize." Amid the height of inflation, people weren't "moving at the same frequency," Abrahamsson Ring said. "Since Ikea is a popular ...
BBC4y
Ikea to pay family $46m after child killed by falling drawers
Under that settlement, Ikea agreed to only sell chests in the US that meet or exceed the national voluntary safety standard for clothing storage units. The deaths prompted the US Consumer ...
10 IKEA Essentials For Staying Cozy Indoors Or Out This Winter
It's time to start preparing for the cold, so check out these IKEA products that will help you stay cozy whether you're ...
IKEA CEO Hopes $2.1 Billion Price Cuts Will Draw Shoppers From Costly Competitors After Shaky Year
Things are tight for shoppers right now. Prices are high. Wallets are stretched. And people are looking for deals wherever ...