Ikea reported Thursday that its annual sales fell in value after the world's biggest furniture retailer lowered prices to revive traffic at its online and brick-and-mortar stores. The Swedish ...

LONDON (Reuters) - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market ...

Ingka Group, which owns most IKEA stores globally, reported 39.6 billion euros, or $43.3 billion, in sales for its fiscal year 2024 which ended Aug. 31. “In all our markets we experienced a ...

The company revealed that retail sales dropped by 6.8 per cent to £2.3 billion for the year to August, compared with the previous financial year. Ikea linked the drop to a “strategic decision t ...

Your support makes all the difference. Ikea UK has revealed a slump in sales for the past year as under-pressure shoppers held off buying bigger-ticket items. The UK arm of the Swedish homeware ...

Ikea reported a 5.3 percent drop in annual sales to 45.1 billion euros ($49.3 billion) on Thursday, as the world's biggest furniture retailer lowered prices. "This is mainly due to lower prices.

For 2025, IKEA expects a boost to sales as lower interest rates drive more people to move house, which usually prompts buying of beds, sofas, and bookcases. Store visits increased by 3.3 per cent ...

LONDON (Reuters) - IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it ...